"Integrated Insurance" signs a contract with Schlumberger Saudi Arabia for the energy policy
MUTAKAMELA 8040.SA | 16.20 | +0.37% |
Riyadh - Mubasher: Integrated Insurance Company announced that it signed a contract with Schlumberger Saudi Arabia yesterday, January 1, 2025, for an energy policy to cover the operations and liabilities of the insured.
The company explained in a statement today, Thursday, on "Tadawul", that the value of the contract exceeds 5% of the total insurance premiums according to the audited financial statements for the year 2023.
The company added that the contract includes insurance on the insured’s property and liability covered under the comprehensive operations policy - energy.
The company explained that the contract period is one full year, starting from January 1, 2025, expecting that the contract will have a positive impact on the company's financial results for the first quarter of 2025.