companyprofile

Actions

Saudi Arabian Cooperative Insurance Co.

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

8100
SAICO
Add To Watchlist
In your Watchlist
Add To Watchlist
  • Main Market
  • Insurance

Stats Overview

  • Prev. Close 14.18
  • Open 14.16
  • High 14.30
  • Low 14.00
  • No. of Trades 387
  • Avg. Trade size* 732
  • Volume Traded 283,121
  • Value Traded (SAR) 4,002,613.56

Performance

SAICO
-0.04 ( -0.28% )
View Historical
Compare
Index Name Index Level 1D Return
Saudi Arabian Cooperative Insurance Co. 14.16 -0.28%
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
14.14
% Change
-0.28
Volume Traded
2,435

Best Bid

Price 14.04
Volume 4,540

Best Offer

Price 14.14
Volume 8,524

52 WEEK

High
23.48
2022/06/30
Low
11.22
2022/11/27
Change**
-24.39

PERFORMANCE

Start of Year
12.14
Year ago
18.7
3 Years ago
9.95

Compare Selected

Select a Maximum of 5 Companies

Compare Selected

LoginPortletPopupv2

Actions

AddtoWatchlistv2

Actions

Add to watchlist

Apply Selected

AnnouncmentandCorporateAction

Actions
Jump To :
  • Announcements & Corporate Actions
  • Financials
  • Shareholding
  • Peer Comparison
  • Company Profile

Announcements

  • Saudi Arabian Cooperative Insurance Co. Announces Appointment of a Board Member

    8100
    SAICO -0.28 %
    1444/11/04     24/05/2023 15:53:36

  • The Saudi Arabian Cooperative Insurance Company announces that it has obtained SAMA final approval for product.

    8100
    SAICO -0.28 %
    1444/10/14     04/05/2023 08:00:42

  • Saudi Arabian Cooperative Insurance Co. Announces a significant favorable impact of 14.65% in the net assets of the company held as of 31-12-2022

    8100
    SAICO -0.28 %
    1444/09/18     09/04/2023 08:09:11

  • Saudi Arabian cooperative insurance company announces signing Bancassurance agreement with Bank Saudi fransi

    8100
    SAICO -0.28 %
    1444/09/14     05/04/2023 15:49:48

  • Saudi Arabian Cooperative Insurance Co. announces its Annual Financial Results for the Period Ending on 2022-12-31

    8100
    SAICO -0.28 %
    1444/09/01     23/03/2023 08:05:23
View All

Corporate Actions

CompanyProfilev2Financials

Actions
Jump To:
  • Announcements & Corporate Actions
  • Financials
  • Shareholding
  • Peer Comparison
  • Company Profile

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
182,887
160,452
204,512
217,672
Receivables, Net
242,488
261,412
245,872
217,877
Other Assets
669,135
581,737
510,558
518,720
Total Ph Assets
1,094,510
1,003,601
960,942
954,269
Shareholders (Sh) Assets: - - - -
Investments and Cash at Banks SH
295,548
316,656
314,888
352,311
Other Assets SH
71,552
35,187
35,602
4,999
Total Sh Assets
367,100
351,843
350,490
357,310
Total Assets
1,461,610
1,355,444
1,311,432
1,311,579
Ph Liabilities : - - - -
Reinsurers Balances Payable
67,975
53,286
53,730
93,268
Technical Reserves
986,619
847,254
775,626
806,599
Other Liabilities
136,151
149,835
110,808
88,272
Total Ph Liabilities
1,190,745
1,050,375
940,164
988,139
Sh Liabilities and Equity: - - - -
Sh Liabilities
12,941
12,333
14,763
12,819
Sh Equity
257,924
292,736
356,505
310,621
Total Sh Liabilities and Equity
270,865
305,069
371,268
323,440
Total Liabilities
1,461,610
1,355,444
1,311,432
1,311,579
All Figures in Thousands Thousands Thousands Thousands
All Currency In SAR SAR SAR SAR
Last Update Date 2023-04-02 2022-03-31 2021-03-24 2020-03-30
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
Jump To:
  • Announcements & Corporate Actions
  • Financials
  • Shareholding
  • Peer Comparison
  • Company Profile

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
2023-05-25 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.
for
subs
Jump To:
  • Announcements & Corporate Actions
  • Financials
  • Shareholding
  • Peer Comparison
  • Company Profile

Peer Comparison

  • Table
  • Graphical
Add Company

Compare Selected

Select a Maximum of 5 Companies

Company Apply
Saudi Arabian Cooperative Insurance Co.
Price 14.14
Market Cap (SAR MN) 424
P/E Ratio -14.15
Index Name Index Level 1D Return
Saudi Arabian Cooperative Insurance Co. %
Jump To:
  • Announcements & Corporate Actions
  • Financials
  • Shareholding
  • Peer Comparison
  • Company Profile

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

Click here

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

  • Senior Executives

    Abdulrahman Saleh Alobrah CEO

    Abdulrahman Saleh Alobrah
    • BD Session Start
      2023-03-05
      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


Add To Watchlist
In your Watchlist
Add To Watchlist