Tawuniya wins deal to provide health insurance services to NWC
In a statement to Tadawul, the company pointed out that that the contract value exceeds 5% of total revenue, based on the audited financial statements for 2024.
The contract is expected to be signed on Aug. 25, the statement noted, adding that there are no related parties to the deal.
The positive financial impact is expected to be reflected on gross written premiums over 2025, 2026, and 2027.
Tawuniya reported insurance revenue of SAR 18.27 billion in 2024, Argaam data showed.
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