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Al Sagr Cooperative Insurance Co.

8180
ALSAGR INSURANCE
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  • Main Market
  • Insurance

Stats Overview

  • Prev. Close 21.88
  • Open 21.94
  • High 24.06
  • Low 21.12
  • No. of Trades 5,201
  • Avg. Trade size* 501
  • Volume Traded 2,607,636
  • Value Traded (SAR) 60,666,364.80

Performance

ALSAGR INSURANCE
1.72 ( 7.86% )
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Compare
Name Price Change %
Al Sagr Cooperative Insurance Co. 21.94 7.86%
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
23.60
% Change
7.86
Volume Traded
260

Best Bid

Price 23.58
Volume 420

Best Offer

Price 23.60
Volume 10,821

52 WEEK

High
28.45
2023/09/13
Low
12.00
2022/12/12
Change**
-15.56

PERFORMANCE

Start of Year
14.02
Year ago
27.95
3 Years ago
42.71

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  • Announcements & Corporate Actions
  • Dividends
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  • Shareholding
  • Peer Comparison
  • Company Profile

Announcements

  • Al Sagr Cooperative Insurance Co. Announces the Board's Recommendation to Increase the Capital by Offering Right Issues

    8180
    ALSAGR INSURANCE 7.86 %
    1445/02/29     14/09/2023 08:03:43

  • Al Sagr Cooperative Insurance Co. Announces Appointment of an Acting CEO

    8180
    ALSAGR INSURANCE 7.86 %
    1445/02/26     11/09/2023 08:02:36

  • Al Sagr Cooperative Insurance Co. Announces it's Board of Directors resolution to start the alternative plan for the merger transaction which include the increase of capital

    8180
    ALSAGR INSURANCE 7.86 %
    1445/02/19     04/09/2023 08:11:36

  • Al Sagr Cooperative Insurance Co. Announces the Results of the Extraordinary General Assembly Meeting, ( Second Meeting )

    8180
    ALSAGR INSURANCE 7.86 %
    1445/02/15     31/08/2023 08:27:13

  • Al Sagr Cooperative Insurance Company announces the end of the creditors' objection period and that there are no creditor objections

    8180
    ALSAGR INSURANCE 7.86 %
    1445/01/29     16/08/2023 08:33:46
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Corporate Actions

Upcoming Events

    Past Events

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

      Dividends

      Announced Date Eligibility Date Distribution Date Distribution Way Dividend Amount
      30/04/2018 28/06/2018 17/07/2018 Account Transfer 0.75
      05/03/2017 16/05/2017 15/06/2017 Account Transfer 2
      14/08/2016 02/10/2016 07/11/2016 Account Transfer 2
      22/02/2015 20/04/2015 14/05/2015 Account Transfer 0.5
      12/05/2014 17/06/2014 10/07/2014 Account Transfer 0.5

      CompanyProfilev2Financials

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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
      203,919
      176,668
      200,783
      294,054
      Receivables, Net
      105,209
      94,626
      63,839
      94,924
      Other Assets
      177,246
      219,035
      197,593
      192,256
      Total Ph Assets
      486,374
      490,329
      462,215
      581,234
      Shareholders (Sh) Assets: - - - -
      Investments and Cash at Banks SH
      198,326
      285,559
      373,354
      429,637
      Other Assets SH
      53,120
      73,051
      71,932
      76,200
      Total Sh Assets
      251,446
      358,610
      445,286
      505,837
      Total Assets
      737,820
      848,939
      907,501
      1,087,071
      Ph Liabilities : - - - -
      Reinsurers Balances Payable
      20,239
      17,935
      2,702
      5,334
      Technical Reserves
      383,792
      402,219
      377,452
      485,164
      Other Liabilities
      82,343
      70,175
      82,061
      90,736
      Total Ph Liabilities
      486,374
      490,329
      462,215
      581,234
      Sh Liabilities and Equity: - - - -
      Sh Liabilities
      125,197
      149,419
      161,283
      111,687
      Sh Equity
      126,249
      209,191
      284,003
      394,150
      Total Sh Liabilities and Equity
      251,446
      358,610
      445,286
      505,837
      Total Liabilities
      737,820
      848,939
      907,501
      1,087,071
      All Figures in Thousands Thousands Thousands Thousands
      All Currency In SAR SAR SAR SAR
      Last Update Date 2023-04-04 2022-03-27 2021-03-31 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
      209,794
      170,744
      165,015
      194,116
      Receivables, Net
      129,406
      89,984
      94,750
      88,601
      Other Assets
      184,479
      239,117
      231,099
      207,164
      Total Ph Assets
      523,679
      499,845
      490,864
      489,881
      Shareholders (Sh) Assets: - - - -
      Investments and Cash at Banks SH
      175,133
      246,373
      277,211
      288,779
      Other Assets SH
      72,506
      72,820
      73,953
      72,745
      Total Sh Assets
      247,639
      319,193
      351,164
      361,524
      Total Assets
      771,318
      819,038
      842,028
      851,405
      Ph Liabilities : - - - -
      Reinsurers Balances Payable
      21,525
      6,154
      14,564
      17,060
      Technical Reserves
      411,566
      413,923
      404,802
      379,332
      Other Liabilities
      90,588
      79,768
      71,498
      93,489
      Total Ph Liabilities
      523,679
      499,845
      490,864
      489,881
      Sh Liabilities and Equity: - - - -
      Sh Liabilities
      119,846
      182,732
      174,955
      139,184
      Sh Equity
      127,793
      136,461
      176,209
      222,340
      Total Sh Liabilities and Equity
      247,639
      319,193
      351,164
      361,524
      Total Liabilities
      771,318
      819,038
      842,028
      851,405
      All Figures in Thousands Thousands Thousands Thousands
      All Currency In SAR SAR SAR SAR
      Last Update Date 2022-11-09 2022-11-03 2022-09-25 2021-12-02
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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
      • 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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      Al Sagr Cooperative Insurance Co.
      Price 23.60
      Market Cap (SAR MN) 330
      P/E Ratio 27.69
      Index Name Index Level 1D Return
      Al Sagr Cooperative Insurance Co. %
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      Company Profile

      Company overview

      SCIC is offering the following insurance products:- 1- Contractors All Risks, Erection All Risks Insurance. 2- Marine Hull Insurance. 3- Marine Cargo Insurance (Sea/Air/Land). 4- Machinery Breakdown Insurance. 5- Construction Plant and Equipment/Energy Insurance. 6- Motor Insurance. 7- Workmen Compensation, Employer Liability Insurance. 8- Group Life, Personal Accident Insurance. 9- Travel Insurance. 10- Fire, Allied Perils and Burglary Insurance. 11- Medical Malpractice. 12- Motor Vehicle Extended warranty. SCIC will certainly contribute to promote new insurance products serving the retail as well as the corporate and SCIC is elaborating plan to heavily train the young saudis and prepare them to hold managerial & key positions in the Co.

      Company History

      Al Sagr Co-operative Insurance Co. (SCIC) was operating its insurance business in the kingdom of Saudi Arabia since 1983 as a branch to Al Sagr National Insurance Co., Dubai, till it was agreed between Al Sagr National Insurance Co. of Dubai and prominent business group from Saudi Arabia to form a new Co. in Bahrain called Al Sagr Saudi Insurance in December 1998 and was operated under this banner till the Royal Decree No. M/11 was promulgated on 16/02/1428 (H). SCIC is currently operating in the Kingdom of Saudi Arabia through its Head Office and Branches in Al Khobar, Dammam, Riyadh and Jeddah. The Company plan is to open within 2008 more satellite branches in Riyadh, Jeddah and main branches in Al Hassa & Al Jubail. Al Sagr Co-operative Insurance Co. (SCIC) has been licensed in the Kingdom of Saudi Arabia by the promulgation of Royal Decree No. M/11 dated 16/02/1428 (H).

      Company Bylaws

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      Equity Profile

      • Authorized Capital (SAR) 140,000,000
      • Issued Shares 14,000,000
      • Paid Capital (SAR) 140,000,000
      • Par Value/Share 10
      • Paid Up Value/Share 10

      Last Update :2022-10-17

      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 company's bylaw and the issued instructions by the related regulators and supervisory authorities.

       

      • Company Details
      • BOARD OF DIRECTORS AND SENIOR EXECUTIVES INFORMATION

      • Date Established

        2008/02/04

      • Financial Year End

        31/12

      • Listing Date

        2008/02/10

      • External Auditors

        [AlKharashi & Co. Certified Accountants and Auditors, Price Waterhouse Coopers (PwC)]

      • ISIN CODE

        SA11T053VQ13

      • Number of Employees

        292

      • Chairman

        Majed Abdullah Alsari
        Non - Executive

        Majed Abdullah Alsari
        • BD Session Start
          2020-06-16
          Designation
          Chairman
        • BD Session End
          2023-06-15
          Classification
          Non - Executive

      • Board of Directors

        Abdullah Juma Al-Sari Non - Executive

        Abdullah Juma Al-Sari
        • BD Session Start
          2020-06-16
          Designation
          Board of Directors
        • BD Session End
          2023-06-15
          Classification
          Non - Executive

        Sultan Abdulaziz Alsuwaidi Non - Executive

        Sultan Abdulaziz Alsuwaidi
        • BD Session Start
          2020-06-16
          Designation
          Board of Directors
        • BD Session End
          2023-06-15
          Classification
          Non - Executive

        Abdel Muhsen Jaber Non - Executive

        Abdel Muhsen Jaber
        • BD Session Start
          2020-06-16
          Designation
          Board of Directors
        • BD Session End
          2023-06-15
          Classification
          Non - Executive

        Saud Saleh Alarifi Independent

        Saud Saleh Alarifi
        • BD Session Start
          2022-08-29
          Designation
          Board of Directors
        • BD Session End
          2023-06-15
          Classification
          Independent
        Companies Membership
        • Memebrship Name
          -
          Start Date
          2022-09-29
        • Memebrship Character
          -
          End Date
          -

        Mohamad Abdulrahman Aljabreen Independent

        Mohamad Abdulrahman Aljabreen
        • BD Session Start
          2022-08-29
          Designation
          Board of Directors
        • BD Session End
          2023-06-15
          Classification
          Independent

        Abdullah Sulaiman Alhendi Independent

        Abdullah Sulaiman Alhendi
        • BD Session Start
          2022-08-29
          Designation
          Board of Directors
        • BD Session End
          2023-06-15
          Classification
          Independent

        Fahad Talal Kurdi Independent

        Fahad Talal Kurdi
        • BD Session Start
          2022-08-29
          Designation
          Board of Directors
        • BD Session End
          2023-06-15
          Classification
          Independent

        Yasser Mohammed Alharbi Executive

        Yasser Mohammed Alharbi
        • BD Session Start
          2022-08-29
          Designation
          Board of Directors
        • BD Session End
          2023-06-15
          Classification
          Executive

      • Senior Executives

        Masood Ahmad Bhatti CFO

      Masood Ahmad Bhatti
      • BD Session Start
        2022-06-19
        Designation
        Senior Executives
      • BD Session End
        -
        Classification
        CFO

      Investor Relations

      Contact Name:

      Investor Relations

      Company Address:

      Head Office - Dammam - King Khaled Street, ATCO Building. Al Khobar 31952 P.O Box 3501

      Contact Details:

      Telephone: 00966138302294
      Fax : 00966138302296
      Email : sh.relation@alsagr.com

      Company Website:

      www.alsagr.com


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