BURUJ says insurance policies, GWPs likely to be hit by coronavirus measures

09/04/2020 Argaam

 

BURUJ Cooperative Insurance Co. (Buruj) said the Kingdom's precautionary measures to curb COVID-19 outbreak may weigh on the number of its newly-issued insurance policies and its gross written premiums (GWPs), the insurer said in a bourse filing.

 

However, it is difficult to determine the relevant financial impact at present, the statement added.

 

Any relevant updates will be announced in due course.

Comments {{getCommentCount()}}

Be the first to comment

loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.