Walaa Cooperative Insurance Company announced the signing of insurance agreement with Saudi Arabian Oil Company (Aramco) for providing insurance coverage on Energy, Property, Motor, Marines and others. The contract value exceeds 5% of the gross written premiums of the company for 2020. Walaa Cooperative Insurance Company announced that it has received on March 30, 2021. The confirmation from Saudi Arabian Oil Company (Aramco) to provide insurance coverage starting from April 01, 2021. Contract duration is one year starting from April 01, 2021.