Chubb Arabia Signs 2.5-Year Construction Insurance Deal with L&T Arabia

CHUBB

CHUBB

8240.SA

0.00

On July 26, 2026, CHUBB Arabia Cooperative Insurance Co. announced the signing of a contract with Larsen Toubro Arabia LLC, dated July 23, 2026, to provide Construction All Risk Insurance Coverage under mutually agreed terms and conditions. The contract spans two and a half years, with a value exceeding 5% of the company's total insurance revenue based on the audited financial statements for 2025. The agreement is expected to have a positive financial impact on the company's results for 2026/2027, and involves no related parties.

Original announcement:

https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=96984&anCat=1&cs=8240&locale=ar

Note: The original announcement does not explicitly specify a currency unit. Figures above are reproduced as-is. Please refer to the original announcement for details.

Important Notice: The announcement information and market data in this report are sourced directly from the Saudi Exchange (Tadawul). This summary is generated by Sahm’s proprietary AI model for informational purposes only. While we strive for accuracy, it should not be construed as financial advice or an investment recommendation.

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