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Saudi Arabian Cooperative Insurance Co.

Companies with accumulated losses of 20% to less than 35% of its capital'

8100
SAICO
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  • Main Market
  • Insurance

Stats Overview

  • Prev. Close 12.06
  • Open 12.10
  • High 12.58
  • Low 12.10
  • No. of Trades 655
  • Avg. Trade size* 740
  • Volume Traded 484,809
  • Value Traded (SAR) 5,992,205.70

Performance

SAICO
0.50 ( 4.15% )
Compare
Index Name Index Level 1D Return
Saudi Arabian Cooperative Insurance Co. 12.10 4.15%
Note: Prices are delayed minimum 5 minutes
  • *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

Trade Updates

Last Trade

Price
12.56
% Change
4.15
Volume Traded
2,500

Best Bid

Price 12.52
Volume Traded 3,192

Best Offer

Price 12.56
Volume Traded 2,500

52 WEEK

High
23.48
2022/06/30
Low
11.22
2022/11/27
Change**
-43.01

PERFORMANCE

Start of Year
12.14
Year ago
22.04
3 Years ago
11.64

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  • Announcements & Corporate Actions
  • Financials
  • Shareholding
  • Peer Comparison
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Announcements

  • Addendum Announcement from Saudi Arabian Cooperative Insurance Co. in regards to its Interim Financial Results for the Period Ending on 30-09-2022 (Nine Months)

    8100
    SAICO 4.15 %
    1444/04/13     07/11/2022 15:42:33
  • Saudi Arabian Cooperative Insurance Co. announces its Interim Financial Results for the Period Ending on 2022-09-30 ( Nine Months )

    8100
    SAICO 4.15 %
    1444/04/12     06/11/2022 08:48:43
  • Saudi Arabian Cooperative Insurance Co. announces its Interim Financial Results for the Period Ending on 2022-06-30 ( Six Months )

    8100
    SAICO 4.15 %
    1444/01/25     23/08/2022 08:20:39
  • Saudi Arabian Cooperative Insurance Co. (SAICO) Announces the Appointment of the Chairman and Vice-Chairman of the Board of Directors and Formation of the Committees Emanating from the Board of Directors

    8100
    SAICO 4.15 %
    1444/01/05     03/08/2022 15:33:54
  • Saudi Arabian Cooperative Insurance Co. (SAICO) Announces the Results of the Ordinary General Assembly Meeting, ( First Meeting )

    8100
    SAICO 4.15 %
    1443/11/17     16/06/2022 08:13:25
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Corporate Actions

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CompanyProfilev2Financials

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Financials

  • Balance Sheet
  • Statement of Income
  • Cash Flow
  • XBRL
  • Detailed Reports and Statements
  • Annually
  • Quarterly
Balance Sheet 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Policyholders (Ph) Assets: - - - -
Investments and Cash at Banks
160,452
204,512
217,672
357,432
Receivables, Net
261,412
245,872
217,877
258,113
Other Assets
581,737
510,558
518,720
553,241
Total Ph Assets
1,003,601
960,942
954,269
1,168,786
Shareholders (Sh) Assets: - - - -
Investments and Cash at Banks SH
316,656
314,888
352,311
319,790
Other Assets SH
35,187
35,602
4,999
3,402
Total Sh Assets
351,843
350,490
357,310
323,192
Total Assets
1,355,444
1,311,432
1,311,579
1,491,978
Ph Liabilities : - - - -
Reinsurers Balances Payable
53,286
53,730
93,268
54,992
Technical Reserves
847,254
775,626
806,599
976,508
Other Liabilities
149,835
110,808
88,272
128,242
Total Ph Liabilities
1,050,375
940,164
988,139
1,159,742
Sh Liabilities and Equity: - - - -
Sh Liabilities
12,333
14,763
12,819
11,682
Sh Equity
292,736
356,505
310,621
320,554
Total Sh Liabilities and Equity
305,069
371,268
323,440
332,236
Total Liabilities
1,355,444
1,311,432
1,311,579
1,491,978
All Figures in Thousands Thousands Thousands Thousands
All Currency In SAR SAR SAR SAR
Last Update Date 2022-03-31 2021-03-24 2020-03-30 2019-04-09
Balance Sheet 2022-09-30 2022-06-30 2022-03-31 2021-09-30
Policyholders (Ph) Assets: - - - -
Investments and Cash at Banks
170,021
263,028
253,823
157,675
Receivables, Net
303,895
360,981
339,425
258,228
Other Assets
653,781
614,706
660,816
618,459
Total Ph Assets
1,127,697
1,238,715
1,254,064
1,034,362
Shareholders (Sh) Assets: - - - -
Investments and Cash at Banks SH
306,293
263,152
305,899
315,135
Other Assets SH
52,714
49,330
36,199
35,478
Total Sh Assets
359,007
312,482
342,098
350,613
Total Assets
1,486,704
1,551,197
1,596,162
1,384,975
Ph Liabilities : - - - -
Reinsurers Balances Payable
53,049
62,335
84,330
49,163
Technical Reserves
1,056,450
1,042,087
1,012,385
911,835
Other Liabilities
123,096
168,967
185,277
100,557
Total Ph Liabilities
1,232,595
1,273,389
1,281,992
1,061,555
Sh Liabilities and Equity: - - - -
Sh Liabilities
11,384
8,711
14,547
8,913
Sh Equity
242,725
269,097
299,623
314,507
Total Sh Liabilities and Equity
254,109
277,808
314,170
323,420
Total Liabilities
1,486,704
1,551,197
1,596,162
1,384,975
All Figures in Thousands Thousands Thousands Thousands
All Currency In SAR SAR SAR SAR
Last Update Date 2022-11-14 2022-09-01 2022-05-24 2021-11-16
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Shareholding Information

  • Board Of Directors
  • Foreign Ownership
  • Substantial Shareholders
Time Period
-
Search
Trading Date Shareholders Designation Shares Held Trading Day Shares Held Prev Trading Day Change
2023-01-31 عبدالعزيز علي حسن ابوالسعود Board of Directors 0.0100000 0.0100000 0
  • The listed company (Publisher) shall be responsible for the accuracy of the published information pertaining to the ownership of the Board of Directors, Chief Executive Officer or highest executive position, and the Chief Financial Officer. The listed company shall also be responsible for updating these information thereof. Therefore, the Saudi Stock Exchange (Tadawul) shall not be liable for the information contained therein, nor for any consequences that may result from the said information.
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Saudi Arabian Cooperative Insurance Co.
Price 12.56
Market Cap (SAR MN) 377
P/E Ratio -6.15
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Company Profile

Company overview

The company activity has started in 1952, before Issuance of the Cooperative Insurance Companies Control on the basis of royal decree No. M/32 dated 2/6/1424 and its Implementing Regulations. The activity of the company was through Saudi Arabian Cooperative Insurance Company that issued by Saudi investors in Bahrain. After the issuance of the new regulations in Saudi insurance market, the company has established as a Saudi Joint Stock Company based on the decision of the Minister of Commerce and Industry No. 193 dated 21/7/1428.under the supervision of SAMA.

Company History

The company selected Riyadh to be the head office location, the company aim is practicing the general insurance activity, medical insurance, and saving and protection insurance. The company got SAMA approval to provide the products such as Motor insurance, Marine cargo,Hull insurance, fire Property insurance, Medical, Engineering Insurance, Aviation insurance, Energy Insurance, and variety accidents

Company Bylaws

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Equity Profile

  • Authorized Capital (SAR) 300,000,000
  • Issued Shares 30,000,000
  • Paid Capital (SAR) 300,000,000
  • Par Value/Share 10
  • Paid Up Value/Share 10

Last Update :2018-06-10

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 companys bylaw and the issued instructions by the related regulators and supervisory authorities

 

  • Company Details
  • BOARD OF DIRECTORS AND SENIOR EXECUTIVES INFORMATION
  • Date Established

    2007/08/20

  • Financial Year End

    31/12

  • Listing Date

    2007/09/03

  • External Auditors

    [Alazem, AlSudairy, Alshaikh & Partners CPA's, ( Al Bassam & Co (Allied Accountants]

  • ISIN CODE

    SA000A0MR823

  • Number of Employees

    -

  • Chairman

    Prince Ahmad Bin Khalid Bin Abdullah AL Saud
    Non - Executive

    Prince Ahmad Bin Khalid Bin Abdullah AL Saud
    • BD Session Start
      2022-06-25
      Designation
      Chairman
    • BD Session End
      2025-06-24
      Classification
      Non - Executive
  • Board of Directors

    Dr.George Shahin Medawar Non - Executive

    Dr.George Shahin Medawar
    • BD Session Start
      2022-06-25
      Designation
      Board of Directors
    • BD Session End
      2025-06-24
      Classification
      Non - Executive

    Abdul Aziz Ali Abussuud Deputy Chairman - Non Executive

    Abdul Aziz Ali Abussuud
    • BD Session Start
      2022-06-25
      Designation
      Board of Directors
    • BD Session End
      2025-06-24
      Classification
      Deputy Chairman - Non Executive

    Saleh Abdulrahman Al-Helaissi Independent

    Saleh Abdulrahman Al-Helaissi
    • BD Session Start
      2022-06-25
      Designation
      Board of Directors
    • BD Session End
      2025-06-24
      Classification
      Independent

    Khalid Saleh ALGhurair Independent

    Khalid Saleh ALGhurair
    • BD Session Start
      2022-06-25
      Designation
      Board of Directors
    • BD Session End
      2025-06-24
      Classification
      Independent
  • Senior Executives

    Hassan Abdullah Dorar AlSomali CEO

    Hassan Abdullah Dorar AlSomali
    • BD Session Start
      2007-08-20
      Designation
      Senior Executives
    • BD Session End
      -
      Classification
      CEO

    Abdulaziz ibrahim AlRuqaie CFO

Abdulaziz ibrahim AlRuqaie
  • BD Session Start
    2022-05-08
    Designation
    Senior Executives
  • BD Session End
    -
    Classification
    CFO

Investor Relations

Contact Name:

Abdulrahman Nasser Alsaad

Company Address:

Platinum Center ALsitten St. P.O Box 58073 Riyadh 11594

Contact Details:

Telephone: 011-8749666
Fax: 011-4751197
Email: investor.relations@saico.com.sa

Company Website:

www.saico.com.sa


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