companyprofile
Allied Cooperative Insurance Group
Companies with accumulated losses of 35% to less than 50% of its capital'
- Main Market
- Insurance
Stats Overview
-
Prev. Close 16.70
-
Open 16.80
-
High 17.04
-
Low 16.40
-
No. of Trades 801
-
Avg. Trade size* 492
-
Volume Traded 394,021
-
Value Traded (SAR) 6,579,619.36
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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PERFORMANCE
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Corporate Actions
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- Financials
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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 |
403,273
|
235,340
|
192,056
|
204,240
|
Receivables, Net |
115,717
|
98,415
|
98,638
|
88,140
|
Other Assets |
209,041
|
205,618
|
156,328
|
115,658
|
Total Ph Assets |
728,031
|
539,373
|
447,022
|
408,038
|
Shareholders (Sh) Assets: | - | - | - | - |
Investments and Cash at Banks SH |
174,114
|
80,721
|
154,510
|
102,033
|
Other Assets SH |
2,593
|
6,755
|
5,878
|
52,759
|
Total Sh Assets |
176,707
|
87,476
|
160,388
|
154,792
|
Total Assets |
904,738
|
626,849
|
607,410
|
562,830
|
Ph Liabilities : | - | - | - | - |
Reinsurers Balances Payable |
23,916
|
24,749
|
16,661
|
16,470
|
Technical Reserves |
627,353
|
456,000
|
372,630
|
357,140
|
Other Liabilities |
76,762
|
58,624
|
57,731
|
34,428
|
Total Ph Liabilities |
728,031
|
539,373
|
447,022
|
408,038
|
Sh Liabilities and Equity: | - | - | - | - |
Sh Liabilities |
11,964
|
53,903
|
13,693
|
10,333
|
Sh Equity |
164,743
|
33,573
|
146,695
|
144,459
|
Total Sh Liabilities and Equity |
176,707
|
87,476
|
160,388
|
154,792
|
Total Liabilities |
904,738
|
626,849
|
607,410
|
562,830
|
All Figures in | Thousands | Thousands | Thousands | Thousands |
All Currency In | SAR | SAR | SAR | SAR |
Last Update Date | 2023-03-22 | 2022-03-30 | 2021-03-24 | 2020-03-24 |
Balance Sheet | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-09-30 |
---|---|---|---|---|
Policyholders (Ph) Assets: | - | - | - | - |
Investments and Cash at Banks |
341,204
|
319,515
|
284,606
|
181,598
|
Receivables, Net |
121,489
|
112,812
|
111,770
|
129,396
|
Other Assets |
219,128
|
200,473
|
195,897
|
182,747
|
Total Ph Assets |
681,821
|
632,800
|
592,273
|
493,741
|
Shareholders (Sh) Assets: | - | - | - | - |
Investments and Cash at Banks SH |
161,310
|
159,081
|
168,386
|
128,454
|
Other Assets SH |
6,789
|
6,262
|
6,611
|
1,863
|
Total Sh Assets |
168,099
|
165,343
|
174,997
|
130,317
|
Total Assets |
849,920
|
798,143
|
767,270
|
624,058
|
Ph Liabilities : | - | - | - | - |
Reinsurers Balances Payable |
34,747
|
46,793
|
33,864
|
24,071
|
Technical Reserves |
560,994
|
512,379
|
491,161
|
409,172
|
Other Liabilities |
86,080
|
73,628
|
67,248
|
60,498
|
Total Ph Liabilities |
681,821
|
632,800
|
592,273
|
493,741
|
Sh Liabilities and Equity: | - | - | - | - |
Sh Liabilities |
11,914
|
11,451
|
17,660
|
16,615
|
Sh Equity |
156,185
|
153,892
|
157,337
|
113,702
|
Total Sh Liabilities and Equity |
168,099
|
165,343
|
174,997
|
130,317
|
Total Liabilities |
849,920
|
798,143
|
767,270
|
624,058
|
All Figures in | Thousands | Thousands | Thousands | Thousands |
All Currency In | SAR | SAR | SAR | SAR |
Last Update Date | 2022-11-06 | 2022-08-22 | 2022-05-24 | 2021-11-08 |
- 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
Offering a wide array of cooperative insurance based services and solutions including but not limited to Motor Insurance, Medical Insurance, Property Insurance, Construction and Engineering based Insurance, Marine Insurance and Aviation Insurance.
Company History
ACIG enjoys the reputation of being one of the foremost Cooperative Insurance companies in the Kingdom of Saudi Arabia while firmly adhering to the principles and teachings of Islamic shari a. ACIG has been offering its clients a wide array of Islamic based Cooperative Insurance solutions aimed at individuals and groups/corporations alike. By offering well rounded and highly competitive Cooperative Insurance solutions, we have been able to cater to our clients needs as we position the client at the center of ACIG. ACIG has been licensed and approved as a publicly traded company in accordance with the royal decree issued on 10/2006. The activities of the Company are to transact cooperative insurance operations and related activities in the Kingdom of Saudi Arabia. On 4 April 2009, the Company received license from the Saudi Arabian Monetary Agency (SAMA) to engage in insurance in Saudi Arabia. The Company commenced its commercial operations on 1 July 2009.
Company Bylaws
Equity Profile
- Authorized Capital (SAR) 291,000,000
- Issued Shares 29,100,000
- Paid Capital (SAR) 291,000,000
- Par Value/Share 10
- Paid Up Value/Share 10
Last Update :2021-12-30
Investment limits
There are no investment limits on the company 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 company 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:
Abdulmajeed Alomair
Company Address:
Riyadh - Hteen district Prince Turki bin Abdulaziz first road PO Box 40523 | Riyadh 11511
Contact Details:
Telephone: 0114852626
Fax: 0114890555
Email: abdulmajeed.alomair@acig.com.sa