companyprofile
Gulf Insurance Group
- Main Market
- Insurance
Stats Overview
-
Prev. Close 29.80
-
Open 30.00
-
High 30.25
-
Low 29.65
-
No. of Trades 445
-
Avg. Trade size* 439
-
Volume Traded 195,400
-
Value Traded (SAR) 5,836,269.25
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 |
1,265,303
|
1,411,888
|
1,493,000
|
1,330,422
|
Receivables, Net |
296,321
|
299,811
|
214,308
|
190,435
|
Other Assets |
307,345
|
228,126
|
281,253
|
250,276
|
Total Ph Assets |
1,868,969
|
1,939,825
|
1,988,561
|
1,771,133
|
Shareholders (Sh) Assets: | - | - | - | - |
Investments and Cash at Banks SH |
953,278
|
890,330
|
721,755
|
604,741
|
Other Assets SH |
88,803
|
160,914
|
181,941
|
141,265
|
Total Sh Assets |
1,042,081
|
1,051,244
|
903,696
|
746,006
|
Total Assets |
2,911,050
|
2,991,069
|
2,892,257
|
2,517,139
|
Ph Liabilities : | - | - | - | - |
Reinsurers Balances Payable |
74,649
|
68,929
|
41,066
|
27,294
|
Technical Reserves |
1,558,287
|
1,542,143
|
1,544,945
|
1,423,668
|
Other Liabilities |
236,033
|
328,753
|
402,550
|
320,171
|
Total Ph Liabilities |
1,868,969
|
1,939,825
|
1,988,561
|
1,771,133
|
Sh Liabilities and Equity: | - | - | - | - |
Sh Liabilities |
71,666
|
66,336
|
59,333
|
49,754
|
Sh Equity |
970,415
|
984,908
|
844,363
|
696,252
|
Total Sh Liabilities and Equity |
1,042,081
|
1,051,244
|
903,696
|
746,006
|
Total Liabilities |
2,911,050
|
2,991,069
|
2,892,257
|
2,517,139
|
All Figures in | Thousands | Thousands | Thousands | Thousands |
All Currency In | SAR | SAR | SAR | SAR |
Last Update Date | 2023-04-03 | 2022-02-21 | 2021-04-20 | 2020-03-17 |
Balance Sheet | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-09-30 |
---|---|---|---|---|
Policyholders (Ph) Assets: | - | - | - | - |
Investments and Cash at Banks |
1,359,147
|
1,327,205
|
1,434,305
|
1,467,069
|
Receivables, Net |
274,333
|
337,925
|
428,519
|
319,101
|
Other Assets |
357,086
|
337,029
|
151,705
|
191,198
|
Total Ph Assets |
1,990,566
|
2,002,159
|
2,014,529
|
1,977,368
|
Shareholders (Sh) Assets: | - | - | - | - |
Investments and Cash at Banks SH |
933,582
|
924,229
|
827,687
|
791,186
|
Other Assets SH |
94,622
|
88,091
|
244,665
|
226,151
|
Total Sh Assets |
1,028,204
|
1,012,320
|
1,072,352
|
1,017,337
|
Total Assets |
3,018,770
|
3,014,479
|
3,086,881
|
2,994,705
|
Ph Liabilities : | - | - | - | - |
Reinsurers Balances Payable |
70,906
|
85,796
|
86,008
|
57,774
|
Technical Reserves |
1,651,646
|
1,652,211
|
1,668,945
|
1,661,740
|
Other Liabilities |
268,014
|
264,152
|
259,576
|
257,854
|
Total Ph Liabilities |
1,990,566
|
2,002,159
|
2,014,529
|
1,977,368
|
Sh Liabilities and Equity: | - | - | - | - |
Sh Liabilities |
70,374
|
64,842
|
71,504
|
56,018
|
Sh Equity |
957,830
|
947,478
|
1,000,848
|
961,319
|
Total Sh Liabilities and Equity |
1,028,204
|
1,012,320
|
1,072,352
|
1,017,337
|
Total Liabilities |
3,018,770
|
3,014,479
|
3,086,881
|
2,994,705
|
All Figures in | Thousands | Thousands | Thousands | Thousands |
All Currency In | SAR | SAR | SAR | SAR |
Last Update Date | 2022-11-15 | 2022-08-22 | 2022-06-02 | 2021-12-09 |
- Announcements & Corporate Actions
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Company Profile
Company overview
The Company provides diversified insurance and reinsurance products in various classes including Engineering, Fire and Property, Marine (Cargo), Accident & liability, Motor, Health and Group Life insurance.
Company History
Gulf Insurance Group (GIG) is a public listed Saudi Joint Stock Company registered in Saudi Arabia established by Royal Decree Number M/36 dated 27/6/1429 H corresponding to 01/07/2008 G and incorporated vide Ministerial Order No Q/192, dated 10 Jumada II 1430H, corresponding to June 3, 2009 (date of incorporation) and incorporated on 20/07/1430 under Commercial Registration No. 1010271203. with offices now located in each of the three key economic regions of the Kingdom: Riyadh, Jeddah and Al Khobar. Gulf Insurance was established in 1962. The Group is among the largest and most diversified insurance groups in the Middle East and North Africa region. It is one of the leading private insurers (By Premium Volume) with a strong competitive market position in Kuwait, Jordan, Bahrain and Egypt. Furthermore, the Group has operations in UAE, Turkey, Algeria, Oman, Qatar, Syria, Iraq and Lebanon. The Group''s both revenue and earnings are well diversified geographically. This regional coverage will enable the Company to leverage off the GIG Group''s size and experience to differentiate their products and services to meet the needs of individual and corporate customers in Saudi Arabia.
Company Bylaws
Equity Profile
- Authorized Capital (SAR) 500,000,000
- Issued Shares 50,000,000
- Paid Capital (SAR) 500,000,000
- Par Value/Share 10
- Paid Up Value/Share 10
Last Update :2019-12-17
Investment limits
There are no investment limits on the companys shares as per the amended Rules for Qualified Financial Institutions Investment in listed Securities and Instructions for the foreign Strategic Investors Ownership in Listed Companies based on Companys bylaw and the issued instruction by the related regulators and supervisory authorities.
- Company Details
- BOARD OF DIRECTORS AND SENIOR EXECUTIVES INFORMATION
Investor Relations
Contact Name:
Raud Saud AlSuwailem
Company Address:
Al Malik Abdullah Ibn Abdulaziz Rd Al Nuzha Dist Riyadh 12471, Kingdom of Saudi Arabia
Contact Details:
Telephone: 0112730476
Fax: -
Email: Raud.Alsuwailem@gig.sa