companyprofile
Walaa Cooperative Insurance Co.
- Main Market
- Insurance
Stats Overview
-
Prev. Close 16.20
-
Open 15.98
-
High 16.32
-
Low 15.98
-
No. of Trades 364
-
Avg. Trade size* 608
-
Volume Traded 221,151
-
Value Traded (SAR) 3,573,538.42
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 |
1,419,162
|
385,831
|
737,297
|
690,925
|
Receivables, Net |
727,862
|
582,129
|
333,020
|
150,094
|
Other Assets |
1,598,548
|
1,624,342
|
854,273
|
500,822
|
Total Ph Assets |
3,745,572
|
2,592,302
|
1,924,590
|
1,341,841
|
Shareholders (Sh) Assets: | - | - | - | - |
Investments and Cash at Banks SH |
914,002
|
712,460
|
217,274
|
668,122
|
Other Assets SH |
222,854
|
142,419
|
738,238
|
22,764
|
Total Sh Assets |
1,136,856
|
854,879
|
955,512
|
690,886
|
Total Assets |
4,882,428
|
3,447,181
|
2,880,102
|
2,032,727
|
Ph Liabilities : | - | - | - | - |
Reinsurers Balances Payable |
452,929
|
335,026
|
232,814
|
173,378
|
Technical Reserves |
2,150,659
|
1,961,372
|
1,368,050
|
1,005,671
|
Other Liabilities |
1,141,984
|
296,051
|
323,726
|
162,792
|
Total Ph Liabilities |
3,745,572
|
2,592,449
|
1,924,590
|
1,341,841
|
Sh Liabilities and Equity: |
1,136,856
|
- | - |
690,885
|
Sh Liabilities |
77,543
|
44,106
|
39,218
|
21,620
|
Sh Equity |
1,059,313
|
810,626
|
916,294
|
669,266
|
Total Sh Liabilities and Equity |
1,136,856
|
854,732
|
955,512
|
690,886
|
Total Liabilities |
4,882,428
|
3,447,181
|
2,880,102
|
2,032,727
|
All Figures in | Thousands | Thousands | Thousands | Thousands |
All Currency In | SAR | SAR | SAR | SAR |
Last Update Date | 2023-04-03 | 2022-03-24 | 2021-03-01 | 2020-03-19 |
Balance Sheet | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-09-30 |
---|---|---|---|---|
Policyholders (Ph) Assets: | - | - | - | - |
Investments and Cash at Banks |
906,725
|
868,223
|
761,586
|
656,538
|
Receivables, Net |
585,481
|
725,735
|
470,272
|
415,203
|
Other Assets |
1,436,715
|
1,404,011
|
1,072,440
|
1,309,312
|
Total Ph Assets |
2,928,921
|
2,997,969
|
2,304,298
|
2,381,053
|
Shareholders (Sh) Assets: | - | - | - | - |
Investments and Cash at Banks SH |
654,145
|
685,807
|
681,617
|
53,974
|
Other Assets SH |
151,578
|
138,440
|
149,487
|
882,496
|
Total Sh Assets |
805,723
|
824,247
|
831,104
|
936,470
|
Total Assets |
3,734,644
|
3,822,216
|
3,135,402
|
3,317,523
|
Ph Liabilities : | - | - | - | - |
Reinsurers Balances Payable |
309,622
|
473,544
|
204,794
|
200,401
|
Technical Reserves |
2,199,050
|
2,159,696
|
1,780,973
|
1,913,492
|
Other Liabilities |
420,249
|
364,729
|
318,531
|
267,160
|
Total Ph Liabilities |
2,928,921
|
2,997,969
|
2,304,298
|
2,381,053
|
Sh Liabilities and Equity: | - |
824,247
|
- | - |
Sh Liabilities |
53,137
|
56,508
|
49,731
|
66,932
|
Sh Equity |
752,586
|
767,739
|
781,373
|
869,538
|
Total Sh Liabilities and Equity |
805,723
|
824,247
|
831,104
|
936,470
|
Total Liabilities |
3,734,644
|
3,822,216
|
3,135,402
|
3,317,523
|
All Figures in | Thousands | Thousands | Thousands | Thousands |
All Currency In | SAR | SAR | SAR | SAR |
Last Update Date | 2023-02-19 | 2022-08-15 | 2022-05-23 | 2021-11-07 |
- Announcements & Corporate Actions
- Financials
- Shareholding
- Peer Comparison
- Company Profile
- Announcements & Corporate Actions
- Financials
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- Company Profile
- Announcements & Corporate Actions
- Financials
- Shareholding
- Peer Comparison
- Company Profile
Company Profile
Company overview
It is Insurance and Reinsurance Company licensed by Saudi Central Bank for practicing insurance (General, Medical, Motor and protection and savings insurance) and reinsurance.
Company History
A Saudi joint stock company licensed in accordance with the provisions of the Cooperative Insurance Companies Control Law and the rules and regulations issued by the supervisory and authorities in the Kingdom of Saudi Arabia. Walaa Company was established in 2007 as a joint stock company with a capital of 200 million Saudi riyals, and with a permit from the Saudi Central Bank to carry out insurance and reinsurance business where the company is subject to the supervision of the Saudi Central Bank. Head quarter located in AlKhobar, Eastern Province, and has regional offices in Riyadh and Jeddah. The company has worked to continuously to develop its business and employees also increased its capital through Rights Issue, as well as the completion of the first merger in the Saudi insurance sector with MetLife AIG ANB Cooperative Insurance Co., and second merger with SABB Takaful
Company Bylaws
Equity Profile
- Authorized Capital (SAR) 850,583,250
- Issued Shares 85,058,325
- Paid Capital (SAR) 850,583,250
- Par Value/Share 10
- Paid Up Value/Share 10
Last Update :2022-10-23
Investment limits
There are no investment limits on the company's shares as per the amended Rule for Qualified Foreign Financial Institutions Investments in Listed Securitas 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:
Khalid Ahmed Omran
Company Address:
4513, Adh Dhahran Al Khubar Al Janubiyah Unit No: 8 Al-Khobar 34621-8615
Contact Details:
Telephone: 0138299405
Fax: 0138299405
Email: Walaa@walaa.com