companyprofile
Malath Cooperative Insurance Co.
Companies with accumulated losses of 20% to less than 35% of its capital'
- Main Market
- Insurance
Stats Overview
-
Prev. Close 18.08
-
Open 17.98
-
High 18.00
-
Low 17.44
-
No. of Trades 743
-
Avg. Trade size* 440
-
Volume Traded 326,608
-
Value Traded (SAR) 5,779,132.70
Performance
- *Average Trade Size = Cumulative / # of Trades
- **52 Week Price Change = (Current Price - Price year ago) / Price year ago x 100
- Historical prices & volume traded data are adjusted to account for all corporate actions.
- MO: Market Order
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52 WEEK
PERFORMANCE
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Financials
- Balance Sheet
- Statement of Income
- Cash Flow
- XBRL
- Detailed Reports and Statements
- Annually
- Quarterly
Balance Sheet | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
---|---|---|---|---|
Policyholders (Ph) Assets: | - | - | - | - |
Investments and Cash at Banks |
444,723
|
408,430
|
432,726
|
462,342
|
Receivables, Net |
246,395
|
218,884
|
200,224
|
183,834
|
Other Assets |
305,054
|
209,898
|
180,763
|
232,681
|
Total Ph Assets |
996,172
|
837,212
|
813,713
|
878,857
|
Shareholders (Sh) Assets: | - | - | - | - |
Investments and Cash at Banks SH |
233,905
|
371,690
|
419,186
|
384,115
|
Other Assets SH |
142,038
|
38,634
|
80,376
|
117,234
|
Total Sh Assets |
375,943
|
410,324
|
499,562
|
501,349
|
Total Assets |
1,372,115
|
1,247,536
|
1,313,275
|
1,380,206
|
Ph Liabilities : | - | - | - | - |
Reinsurers Balances Payable |
38,973
|
25,809
|
6,840
|
11,248
|
Technical Reserves |
753,392
|
733,466
|
670,518
|
692,729
|
Other Liabilities |
206,255
|
77,937
|
136,355
|
174,880
|
Total Ph Liabilities |
998,620
|
837,212
|
813,713
|
878,857
|
Sh Liabilities and Equity: |
373,495
|
- | - | - |
Sh Liabilities |
37,045
|
29,460
|
31,506
|
40,880
|
Sh Equity |
336,450
|
380,864
|
468,056
|
460,469
|
Total Sh Liabilities and Equity |
373,495
|
410,324
|
499,562
|
501,349
|
Total Liabilities |
1,372,115
|
1,247,536
|
1,313,275
|
1,380,206
|
All Figures in | Thousands | Thousands | Thousands | Thousands |
All Currency In | SAR | SAR | SAR | SAR |
Last Update Date | 2023-04-10 | 2022-04-14 | 2021-03-17 | 2020-03-16 |
Balance Sheet | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-09-30 |
---|---|---|---|---|
Policyholders (Ph) Assets: | - | - | - | - |
Investments and Cash at Banks |
453,160
|
451,926
|
438,134
|
369,538
|
Receivables, Net |
297,664
|
267,457
|
262,344
|
329,939
|
Other Assets |
265,979
|
215,900
|
217,445
|
222,057
|
Total Ph Assets |
1,016,803
|
935,283
|
917,923
|
921,534
|
Shareholders (Sh) Assets: | - | - | - | - |
Investments and Cash at Banks SH |
296,496
|
297,592
|
357,601
|
414,788
|
Other Assets SH |
81,818
|
78,820
|
35,866
|
32,153
|
Total Sh Assets |
378,314
|
376,412
|
393,467
|
446,941
|
Total Assets |
1,395,117
|
1,311,695
|
1,311,390
|
1,368,475
|
Ph Liabilities : | - | - | - | - |
Reinsurers Balances Payable |
48,225
|
49,191
|
52,536
|
24,085
|
Technical Reserves |
807,050
|
762,779
|
807,867
|
789,805
|
Other Liabilities |
168,449
|
130,960
|
66,581
|
107,644
|
Total Ph Liabilities |
1,023,724
|
942,930
|
926,984
|
921,534
|
Sh Liabilities and Equity: | - | - | - | - |
Sh Liabilities |
33,133
|
30,826
|
31,346
|
27,998
|
Sh Equity |
338,260
|
337,939
|
353,060
|
418,943
|
Total Sh Liabilities and Equity |
371,393
|
368,765
|
384,406
|
446,941
|
Total Liabilities |
1,395,117
|
1,311,695
|
1,311,390
|
1,368,475
|
All Figures in | Thousands | Thousands | Thousands | Thousands |
All Currency In | SAR | SAR | SAR | SAR |
Last Update Date | 2022-11-14 | 2022-08-28 | 2022-06-05 | 2021-11-10 |
- Announcements & Corporate Actions
- Financials
- Shareholding
- Peer Comparison
- Company Profile
- Announcements & Corporate Actions
- Financials
- Shareholding
- Peer Comparison
- Company Profile
- Announcements & Corporate Actions
- Financials
- Shareholding
- Peer Comparison
- Company Profile
Company Profile
Company overview
Malath Cooperative Insurance and Reinsurance Company provides wide range of general insurance products in various classes that include Aviation, Energy, Engineering, Marine (Cargo & Hull), Miscellaneous and Motor. In addition, Malath provides Healthcare Insurance for groups and individuals. The Company transacts its operations in accordance with Cooperative executive insurance regulations in Saudi Arabia.
Company History
Malath is a new cooperative insurance company in Saudi Arabia, founded by Saudi investors in 2004. Malath is capitalized at SAR 300 Million with prime focus on setting new benchmarks of excellence in customer service in the new emerging and regulating environment resulting from implementation of Cooperative Insurance Companies Law. Malath offered 47.48% of its capital for Initial Public Offering
Company Bylaws
Equity Profile
- Authorized Capital (SAR) 500,000,000
- Issued Shares 50,000,000
- Paid Capital (SAR) 500,000,000
- Par Value/Share 10
- Paid Up Value/Share 10
Last Update :2017-10-01
Investment limits
There are no investment limits on the company's shares as per the amended Rules for Qualified Foreign Financial Institutions Investment in Listed Securities and Instructions for the Foreign Strategic Investors Ownership in Listed Companies based on company's bylaw and the issued instructions by the related regulators and supervisory authorities.
- Company Details
- BOARD OF DIRECTORS AND SENIOR EXECUTIVES INFORMATION
Investor Relations
Contact Name:
Investor Relations
Company Address:
P.O. Mohammed Bin Abdulazi street , Box 99763 Riyadh 11625 KSA
Contact Details:
Telephone: 0114168222 Ext:1213
Fax: 0114168333
Email: investor.relation@malath.com.sa