Alinma Tokio Marine renews extended warranty policy with Abdul Latif Jameel for SAR 25.7 mln

07/04/2022 Argaam
Logo ofAlinma Tokio Marine Co.

Logo of Alinma Tokio Marine Co.

Alinma Tokio Marine Co. received, on April 6, a renewal letter for the extended warranty program insurance policy with Abdul Latif Jameel Co. Ltd., with insurance premiums estimated at SAR 25.68 million, 5% higher from 2021.

 

The contract is valid for two years and will be signed on May 1, the company said in a statement to Tadawul.

 

The contract is expected to have a positive financial impact on the company's 2022 financial statements, the insurance services provider added, noting that there are no related parties to the deal.

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