companyprofile
Al Sagr Cooperative Insurance Co.
- Main Market
- Insurance
Stats Overview
-
Prev. Close 19.00
-
Open 19.00
-
High 19.00
-
Low 17.76
-
No. of Trades 1,298
-
Avg. Trade size* 421
-
Volume Traded 546,404
-
Value Traded (SAR) 10,070,238.84
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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- Announcements & Corporate Actions
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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 |
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 |
- 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
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
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
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