companyprofile
Al-Etihad Cooperative Insurance Co.
- Main Market
- Insurance
Stats Overview
-
Prev. Close 17.94
-
Open 18.02
-
High 18.20
-
Low 18.00
-
No. of Trades 261
-
Avg. Trade size* 281
-
Volume Traded 73,266
-
Value Traded (SAR) 1,326,288.70
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 |
744,593
|
662,419
|
603,230
|
671,499
|
Receivables, Net |
223,255
|
164,107
|
197,769
|
180,494
|
Other Assets |
270,969
|
237,755
|
217,809
|
170,800
|
Total Ph Assets |
1,238,817
|
1,064,281
|
1,018,808
|
1,022,793
|
Shareholders (Sh) Assets: | - | - | - | - |
Investments and Cash at Banks SH |
562,072
|
559,238
|
434,973
|
458,937
|
Other Assets SH |
9,743
|
5,502
|
6,206
|
5,173
|
Total Sh Assets |
571,815
|
564,740
|
441,179
|
464,110
|
Total Assets |
1,810,632
|
1,629,021
|
1,459,987
|
1,486,903
|
Ph Liabilities : | - | - | - | - |
Reinsurers Balances Payable |
18,221
|
12,964
|
7,390
|
12,084
|
Technical Reserves |
971,441
|
844,018
|
757,412
|
818,426
|
Other Liabilities |
224,560
|
184,722
|
149,852
|
143,236
|
Total Ph Liabilities |
1,214,222
|
1,041,704
|
914,654
|
973,746
|
Sh Liabilities and Equity: | - | - | - | - |
Sh Liabilities |
31,152
|
32,956
|
32,778
|
32,867
|
Sh Equity |
565,258
|
554,361
|
512,555
|
480,290
|
Total Sh Liabilities and Equity |
596,410
|
587,317
|
545,333
|
513,157
|
Total Liabilities |
1,810,632
|
1,629,021
|
1,459,987
|
1,486,903
|
All Figures in | Thousands | Thousands | Thousands | Thousands |
All Currency In | SAR | SAR | SAR | SAR |
Last Update Date | 2023-03-23 | 2022-03-02 | 2021-03-28 | 2020-03-15 |
Balance Sheet | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-09-30 |
---|---|---|---|---|
Policyholders (Ph) Assets: | - | - | - | - |
Investments and Cash at Banks |
772,733
|
700,778
|
644,492
|
693,539
|
Receivables, Net |
210,049
|
218,486
|
211,465
|
146,806
|
Other Assets |
281,135
|
265,222
|
292,385
|
215,001
|
Total Ph Assets |
1,263,917
|
1,184,486
|
1,148,342
|
1,055,346
|
Shareholders (Sh) Assets: | - | - | - | - |
Investments and Cash at Banks SH |
574,265
|
569,101
|
617,373
|
459,042
|
Other Assets SH |
14,299
|
6,353
|
25,706
|
5,196
|
Total Sh Assets |
588,564
|
575,454
|
643,079
|
464,238
|
Total Assets |
1,852,481
|
1,759,940
|
1,791,421
|
1,519,584
|
Ph Liabilities : | - | - | - | - |
Reinsurers Balances Payable |
13,730
|
20,664
|
21,087
|
8,190
|
Technical Reserves |
1,044,481
|
968,389
|
900,824
|
746,154
|
Other Liabilities |
205,706
|
195,433
|
226,431
|
170,946
|
Total Ph Liabilities |
1,263,917
|
1,184,486
|
1,148,342
|
925,290
|
Sh Liabilities and Equity: | - | - | - | - |
Sh Liabilities |
28,116
|
38,436
|
78,779
|
30,514
|
Sh Equity |
560,448
|
537,018
|
564,300
|
563,780
|
Total Sh Liabilities and Equity |
588,564
|
575,454
|
643,079
|
594,294
|
Total Liabilities |
1,852,481
|
1,759,940
|
1,791,421
|
1,519,584
|
All Figures in | Thousands | Thousands | Thousands | Thousands |
All Currency In | SAR | SAR | SAR | SAR |
Last Update Date | 2022-11-06 | 2022-08-18 | 2022-05-19 | 2021-11-07 |
- Announcements & Corporate Actions
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- Shareholding
- Peer Comparison
- Company Profile
- Announcements & Corporate Actions
- Financials
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- Company Profile
- Announcements & Corporate Actions
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- Company Profile
Company Profile
Company overview
The company provides all Insurance services supported by highly rated re-insurers and based on the principles of the Cooperative Insurance and in line with the instructions of the Directorate of Insurance Supervision and its Executive list under the supervision of Saudi Monetary Agency. The Company provides Property insurance including but not limited to (Fire & Burglary, Loss of Profit, Property All Risk, Terrorism & Riots), General Accidents insurance including but not limited to (Public Liability, Workmen Compensation, Professional Indemnity, Cash in Safe, Cash in Transit, Fidelity Guarantee, Personal Accidents, Glass, Bankers Blanket Bond, Employees Indemnity, Medical Malpractice, Travel Insurance, Extended Warranty), Marine & Aviation Insurance including but not limited to (Goods in Transit, Carrier Indemnity, Marine Hull & Machinery) , Motor Insurance, Medical Insurance, Engineering Insurance including but not limited to (Contractors All Risk, Erection All Risk, Machinery Breakdown, Electric Machinery, Contractors Machinery, Inventory Deterioration, in addition to other special insurance services during operations of projects.
Company History
Al Etihad Cooperative Insurance Co. is a public listed company incorporated by the ministry council resolution No. (95) dated 14/3/1428 H and the Royal Decree No (M/25) dated 14/3/1428 H as a cooperative insurance company in the Kingdom of Saudi Arabia. The paid up capital of the company is SAR 400 million. The company is considered a prolongation to Trade Union Insurance Co. B.S.C (C) which since it''s incorporation in 1983 had conducted its operations in the kingdom of Saudi Arabia through its head office and Five branches spread in the main cities of the kingdom.
Company Bylaws
Equity Profile
- Authorized Capital (SAR) 450,000,000
- Issued Shares 45,000,000
- Paid Capital (SAR) 450,000,000
- Par Value/Share 10
- Paid Up Value/Share 10
Last Update :2022-07-03
Investment limits
There are no investment limits on the companys 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:
Ahmad Abulebdeh
Company Address:
p.o Box 1022 Al Abdulkarim Tower, 8514 King Fahad bin Abdulaziz Road, Al-Qashlah District, Unit No 15, Dhahran 34232-4233
Contact Details:
Telephone: 00966138164555
Fax: 00966138147608
Email: info@tui-sa.com