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United Cooperative Assurance Wins Extension to Engineering Insurance Services Deal

MT Newswires·12/30/2025 08:48:18
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08:48 AM EST, 12/30/2025 (MT Newswires) -- United Cooperative Assurance (SASE:8190) extended its engineering insurance services deal with Saudi BinLadin Group by one year. The Saudi-listed insurance group said Tuesday that the contract, which will take effect from Jan. 1, 2026, was valued at more than 20% of its gross written premiums for 2024. The agreement covers the Two Holy Mosques' custodian for the extended Haram project in Makkah, Saudi Arabia.