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Saudi Arabian Cooperative Insurance Co.

8100
SAICO
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  • Main Market
  • Insurance     

Stats Overview

  • Prev. Close 15.58
  • Open 15.56
  • High 15.66
  • Low 15.20
  • No. of Trades 481
  • Avg. Trade size* 457
  • Volume Traded 219,811
  • Value Traded (SAR) 3,374,922.60

Performance

SAICO
-0.20 ( -1.28% )
Compare
Name Price Change %
Saudi Arabian Cooperative Insurance Co. 15.56 -1.28%
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
15.38
% Change
-1.28
Volume Traded
666

Best Bid

Price 15.30
Volume 22

Best Offer

Price 15.38
Volume 8,654

52 WEEK

High
22.30
2024/05/08
Low
14.14
2024/08/05
Change**
5.34

PERFORMANCE

Start of Year
15.22
Year ago
14.6
3 Years ago
22.04

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Announcements

  • Saudi Arabian Cooperative Insurance Co. Announces an update on the Board of Directors’ Recommendation to the Extraordinary General Assembly to approve using a portion of the Statutory Reserve to extinguish the Company’s Accumulated Losses

    8100
    SAICO -1.28 %
    1446/06/01     02/12/2024 15:50:53
  • Saudi Arabian Cooperative Insurance Company (SAICO) announces the Board of Directors’ Recommendation to the Extraordinary General Assembly to approve using a portion of the Statutory Reserve to extinguish the Company’s Accumulated Losses

    8100
    SAICO -1.28 %
    1446/05/11     13/11/2024 08:10:07
  • Saudi Arabian Cooperative Insurance Co. announces its Interim Financial Results for the period ending on 2024-09-30 ( Nine Months )

    8100
    SAICO -1.28 %
    1446/05/03     05/11/2024 08:10:50
  • Saudi Arabian Cooperative insurance Co. Announces the renewal of the License to practice insurance activity from Insurance authority

    8100
    SAICO -1.28 %
    1446/04/18     21/10/2024 08:01:45
  • Saudi Arabian Cooperative Insurance Co. Announces the Decrease of its Accumulated Losses to 17.07 % of the Capital

    8100
    SAICO -1.28 %
    1446/02/08     12/08/2024 15:49:39
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Corporate Actions

Upcoming Events

    Past Events

      Jump To :
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      Dividends

      Announced Date Eligibility Date Distribution Date Distribution Way Dividend Amount

      CompanyProfilev2Financials

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      Financials

      • FINANCIAL INFORMATION
      • FINANCIAL STATEMENTS AND REPORTS
      • Annually
      • Quarterly
      Balance Sheet 2023-12-31
      Total Assets
      2,128,264
      - - -
      Total Liabilities
      1,814,662
      - - -
      Total Shareholders Equity (After Deducting the Minority Equity)
      313,602
      - - -
      Total Liabilities and Shareholders Equity
      2,128,264
      - - -
      Statement of Income 2023-12-31
      Total Revenue (Sales/Operating)
      1,044,519
      - - -
      Net Profit (Loss) before Zakat and Tax
      78,333
      - - -
      Zakat and Income Tax
      -7,235
      - - -
      Net Profit (Loss) after Zakat and Tax
      71,098
      - - -
      Total Comprehensive Income
      78,164
      - - -
      Profit (Loss) per Share
      2.37
      - - -
      Cash Flows 2023-12-31
      Net Cash From Operating Activities
      18,708
      - - -
      Net Cash From Investing Activities
      112,524
      - - -
      Net Cash From Financing Activities - - - -
      Cash and Cash Equivalents, Beginning of the Period
      43,072
      - - -
      Cash and Cash Equivalents, End of the Period
      174,304
      - - -
      All Figures in Thousands
      All Currency In SAR
      Last Update Date 2024-05-19

      The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate. The above information does not replace detailed financial statements, as detailed financial statements are the reliable source that must be consulted to obtain accurate financial information.

      Balance Sheet 2024-09-30 2024-06-30 2024-03-31 2023-09-30
      Total Assets
      1,961,956
      1,956,683
      2,225,878
      1,568,540
      Total Liabilities
      1,611,199
      1,618,031
      1,909,068
      1,274,534
      Total Shareholders Equity (After Deducting the Minority Equity)
      350,757
      338,652
      316,810
      294,006
      Total Liabilities and Shareholders Equity
      1,961,956
      1,956,683
      2,225,878
      1,568,540
      Statement of Income 2024-09-30 2024-06-30 2024-03-31 2023-09-30
      Total Revenue (Sales/Operating)
      268,555
      259,109
      277,032
      254,096
      Net Profit (Loss) before Zakat and Tax
      14,149
      23,886
      5,252
      24,065
      Zakat and Income Tax
      -2,044
      -2,044
      -2,044
      -1,848
      Net Profit (Loss) after Zakat and Tax
      12,105
      21,842
      3,208
      22,217
      Total Comprehensive Income
      12,105
      21,842
      3,208
      22,217
      Profit (Loss) per Share
      0.4
      0.73
      0.11
      0.74
      Cash Flows 2024-09-30 2024-06-30 2024-03-31 2023-09-30
      Net Cash From Operating Activities
      111,045
      104,590
      29,461
      -33,588
      Net Cash From Investing Activities
      -177,623
      -178,306
      -76,714
      319,387
      Net Cash From Financing Activities - - - -
      Cash and Cash Equivalents, Beginning of the Period
      174,304
      174,304
      174,304
      39,336
      Cash and Cash Equivalents, End of the Period
      107,726
      100,588
      127,051
      325,135
      All Figures in Thousands Thousands Thousands Thousands
      All Currency In SAR SAR SAR SAR
      Last Update Date 2024-11-13 2024-08-13 2024-05-22 2024-05-19

      The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate. The above information does not replace detailed financial statements, as detailed financial statements are the reliable source that must be consulted to obtain accurate financial information.

      Display Previous Periods
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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
      2024-12-04 الا مير احمد بن خالد بن عبدالله آل سعود Chairman 0.3636367% 0.3636367% 0
      2024-12-04 عبدالعزيز علي حسن ابوالسعود Board of Directors 0.0100000% 0.0100000% 0
      2024-12-04 وليد محمد احمد العثيمين Board of Directors 0.0000667% 0.0000667% 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 15.38
      Market Cap (SAR MN) 467
      P/E Ratio 9.59
      Index Name Index Level 1D Return
      Saudi Arabian Cooperative Insurance Co. %
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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 and controlled by Insurance Authority.

      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 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

        [PricewaterhouseCoopers (PWC), Ibrahim Al-Bassam & Co. (Albassam & Co.)]

      • 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

        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

        Waleed Mohammed Al-Othaimeen Independent

        Waleed Mohammed Al-Othaimeen
        • BD Session Start
          2023-05-24
          Designation
          Board of Directors
        • BD Session End
          2025-06-24
          Classification
          Independent

        Nagib Maurice Bahous Non - Executive

        Nagib Maurice Bahous
        • BD Session Start
          2023-07-13
          Designation
          Board of Directors
        • BD Session End
          2025-06-24
          Classification
          Non - Executive
      • 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


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      The Capital Market Authority and Saudi Exchange take no responsibility for the contents of these disclosures, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of these disclosures, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.