Thndr Claps » Saudi Claps » Insurance 🏥 » Malath Insurance to provide Al Othaim with insurance ⚕️
The ClapMalath Insurance (8020) secured a one-year contract to provide cooperative health insurance services to employees and family members of Al Othaim and its subsidiaries.
WhatMalath Insurance expects the total value of its contracts to exceed 5% of its total written premiums for the fiscal year 2021.
So WhatAl Othaim is one of the largest companies in Saudi Arabia in terms of economic activity and investment diversification.
A group of sister companies falls under its umbrella, including Abdullah Al Othaim Markets (4001), which has 218 branches across KSA.
Now WhatMalath Insurance expects the contract to have a positive impact on its financial results during 2023.
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