Bupa Arabia for Cooperative Insurance announced it has received the confirmation to renew its contract as the health insurance provider for The Saudi Basic Industries Corporation ("SABIC") to provide health insurance for SABIC employees and their families. The contract revenues are expected to be greater than 5% of the 2019 annual gross written premium of Bupa Arabia for Cooperative Insurance. Contract renewal for one year starting 4 July 2020. The contract is expected to have a positive impact on the Bupa Arabia 2020 financial results.