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LIVA Insurance Co. Announces Contract Sign Off with Banque Saudi Fransi (BSF)

LIVA 8280 -11.13% 11.50 -1.44
Element List Explanation
Introduction Liva Insurance Company announces the signing of a contract with Banque Saudi Fransi (BSF) to provide Insurance Services
Date of Announcement of the Award 2025-07-22 Corresponding to 1447-01-27
Contract Subject Matter Provide Insurance coverage for Group Credit Life product for the Bank.
The Entity with Which the Contract was Signed Banque Saudi Fransi (BSF)
Date of Signing the Contract 2025-07-22 Corresponding to 1447-01-27
Contract Value The contract value exceeds 10% of the Insurance Revenues of the company as per the latest audited financial statements for the year 2024.
Contract Details Provide Insurance coverage for Group Credit Life Product for the Bank.
Contract Duration One year
Financial Impact and the Relevant Period It is expected to have a financial impact on the company's financial results for the year 2025.
Related Parties There is no related party.
Additional Information Liva Insurance company confirms that the agreement is in the ordinary course of business and did not confer any preferential benefits.

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