companyprofile
Saudi Arabian Cooperative Insurance Co.
Companies with accumulated losses of 20% to less than 35% of its capital'
- 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
- *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 |
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 |
- Announcements & Corporate Actions
- Financials
- Shareholding
- Peer Comparison
- Company Profile
- Announcements & Corporate Actions
- Financials
- Shareholding
- Peer Comparison
- Company Profile
- 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
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
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