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The Mediterranean and Gulf Insurance and Reinsurance Co.
Companies with accumulated losses of 35% to less than 50% of its capital'
- Main Market
- Insurance
Stats Overview
-
Prev. Close 9.53
-
Open 9.60
-
High 9.68
-
Low 9.45
-
No. of Trades 1,220
-
Avg. Trade size* 499
-
Volume Traded 608,910
-
Value Traded (SAR) 5,804,298.76
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 |
322,775
|
238,503
|
361,935
|
359,696
|
| Receivables, Net |
644,748
|
838,577
|
842,898
|
572,215
|
| Other Assets |
2,360,651
|
1,979,291
|
1,837,093
|
1,819,637
|
| Total Ph Assets |
3,328,174
|
3,056,371
|
3,041,926
|
2,751,548
|
| Shareholders (Sh) Assets: | - | - | - | - |
| Investments and Cash at Banks SH |
877,017
|
1,033,417
|
674,701
|
687,242
|
| Other Assets SH |
-173,201
|
35,493
|
131,842
|
62,097
|
| Total Sh Assets |
703,816
|
1,068,910
|
806,543
|
749,339
|
| Total Assets |
4,031,990
|
4,125,281
|
3,848,469
|
3,500,887
|
| Ph Liabilities : | - | - | - | - |
| Reinsurers Balances Payable |
175,060
|
155,259
|
165,531
|
107,488
|
| Technical Reserves |
2,767,230
|
2,266,610
|
2,414,418
|
2,269,831
|
| Other Liabilities |
385,884
|
634,502
|
461,977
|
374,229
|
| Total Ph Liabilities |
3,328,174
|
3,056,371
|
3,041,926
|
2,751,548
|
| Sh Liabilities and Equity: | - | - | - | - |
| Sh Liabilities |
40,160
|
45,493
|
41,843
|
38,206
|
| Sh Equity |
663,656
|
1,023,417
|
764,700
|
711,133
|
| Total Sh Liabilities and Equity |
703,816
|
1,068,910
|
806,543
|
749,339
|
| Total Liabilities |
4,031,990
|
4,125,281
|
3,848,469
|
3,500,887
|
| All Figures in | Thousands | Thousands | Thousands | Thousands |
| All Currency In | SAR | SAR | SAR | SAR |
| Last Update Date | 2023-04-17 | 2022-03-15 | 2021-03-14 | 2020-03-08 |
| Balance Sheet | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-09-30 |
|---|---|---|---|---|
| Policyholders (Ph) Assets: | - | - | - | - |
| Investments and Cash at Banks |
341,208
|
384,683
|
337,576
|
371,619
|
| Receivables, Net |
899,410
|
1,096,821
|
1,310,536
|
709,051
|
| Other Assets |
2,046,293
|
1,992,047
|
1,996,410
|
1,967,702
|
| Total Ph Assets |
3,286,911
|
3,473,551
|
3,644,522
|
3,048,372
|
| Shareholders (Sh) Assets: | - | - | - | - |
| Investments and Cash at Banks SH |
1,113,079
|
1,109,671
|
1,157,867
|
691,937
|
| Other Assets SH |
-245,903
|
-200,099
|
-145,959
|
105,629
|
| Total Sh Assets |
867,176
|
909,572
|
1,011,908
|
797,566
|
| Total Assets |
4,154,087
|
4,383,123
|
4,656,430
|
3,845,938
|
| Ph Liabilities : | - | - | - | - |
| Reinsurers Balances Payable |
229,870
|
173,214
|
152,027
|
224,438
|
| Technical Reserves |
2,506,699
|
2,701,233
|
2,839,619
|
2,371,145
|
| Other Liabilities |
550,342
|
599,104
|
652,876
|
452,789
|
| Total Ph Liabilities |
3,286,911
|
3,473,551
|
3,644,522
|
3,048,372
|
| Sh Liabilities and Equity: | - | - | - | - |
| Sh Liabilities |
37,056
|
48,555
|
47,020
|
47,060
|
| Sh Equity |
830,120
|
861,017
|
964,888
|
750,506
|
| Total Sh Liabilities and Equity |
867,176
|
909,572
|
1,011,908
|
797,566
|
| Total Liabilities |
4,154,087
|
4,383,123
|
4,656,430
|
3,845,938
|
| All Figures in | Thousands | Thousands | Thousands | Thousands |
| All Currency In | SAR | SAR | SAR | SAR |
| Last Update Date | 2022-11-13 | 2022-08-21 | 2022-05-23 | 2021-11-11 |
- Announcements & Corporate Actions
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- Company Profile
Peer Comparison
- Announcements & Corporate Actions
- Financials
- Shareholding
- Peer Comparison
- Company Profile
Company Profile
Company overview
As one of the largest insurance companies in the Kingdom of Saudi Arabia, MedGulf offer many insurance products such as medical insurance, protection & saving , Motor insurance and general insurance under the supervision of the Saudi Arabian Monetary Agency (SAMA) and its Implementing regulations of the Cooperative insurance companies control Law and other applicable regulations and instructions ongoing in the Kingdom of Saudi Arabia which enable her to be is one of the leading company specialized in providing insurance services in the Saudi insurance market. The company also Boasts itself on its most important values, which is to take care of her customers and provide them with higher level of expectations, in addition, its geographic presence through point of sale and dealing with a wide network of brokers and agents, which allow the company to provide a high geographical coverage and reach a large amount of customers in the Kingdom.
Company History
MedGulf is one of the largest and oldest insurance companies in the Kingdom of Saudi Arabia ,It began her operation in 1995 under an agency contract , and was established independently by Royal Decree No. M / 60 dated 18/9/1427 H corresponding to 11/10/2006 AD, and with Commercial Register No. 1010231925 dated 08/04/1428 H corresponding to 26/4/2007, The Saudi Arabian Monetary Agency (SAMA) issued the Company''''s license No. (3/3/1979) dated 29/08 / 1428H to practice insurance activities in the following line of business : General insurance, Health insurance and protection and savings insurance.
Company Bylaws
Equity Profile
- Authorized Capital (SAR) 1,050,000,000
- Issued Shares 105,000,000
- Paid Capital (SAR) 1,050,000,000
- Par Value/Share 10
- Paid Up Value/Share 10
Last Update :2021-11-04
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:
Shareholders Relations
Company Address:
Al-Maather street al futuro tower P.O.BOX 2302 Riyadh 11451 Kingdom of Saudi Arabia
Contact Details:
Telephone: 011-4055550
Fax: 011-4055588
Email: investorsrelations@medgulf.com.sa