Chab and Larsen Arabia sign engineering insurance deal

Taj Holding Co. for Insurance Cooperative announced the signing of a contract with Larsen & Toubro Arabia to provide engineering risk insurance coverage for a period of two and a half years, starting from July 23, 2026. The value of the contract is estimated to exceed 5% of the company's annual revenues for 2025, and its positive financial impact is expected to be reflected in the company's results during the 2026 and 2027 financial years. There are no preferential terms or related party interests in the contract, which falls within the company's routine activities in accordance with applicable regulations.

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