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Al Alamiya for Cooperative Insurance Co.
Companies with accumulated losses of 20% to less than 35% of its capital'
- Main Market
- Insurance
Stats Overview
-
Prev. Close 17.30
-
Open 17.30
-
High 17.74
-
Low 17.00
-
No. of Trades 1,315
-
Avg. Trade size* 364
-
Volume Traded 478,078
-
Value Traded (SAR) 8,318,991.50
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 |
281,606
|
250,622
|
213,642
|
264,804
|
| Receivables, Net |
68,306
|
37,575
|
36,052
|
44,107
|
| Other Assets |
184,183
|
165,676
|
125,184
|
113,484
|
| Total Ph Assets |
534,095
|
453,873
|
374,878
|
422,395
|
| Shareholders (Sh) Assets: | - | - | - | - |
| Investments and Cash at Banks SH |
396,170
|
397,079
|
395,742
|
383,881
|
| Other Assets SH |
4,223
|
31,367
|
68,841
|
77,609
|
| Total Sh Assets |
400,393
|
428,446
|
464,583
|
461,490
|
| Total Assets |
934,488
|
882,319
|
839,461
|
883,885
|
| Ph Liabilities : | - | - | - | - |
| Reinsurers Balances Payable |
57,644
|
91,117
|
74,048
|
81,420
|
| Technical Reserves |
396,675
|
260,527
|
166,643
|
197,287
|
| Other Liabilities |
79,776
|
102,229
|
134,187
|
143,688
|
| Total Ph Liabilities |
534,095
|
453,873
|
374,878
|
422,395
|
| Sh Liabilities and Equity: | - | - | - | - |
| Sh Liabilities |
88,996
|
62,336
|
61,157
|
53,518
|
| Sh Equity |
311,397
|
366,110
|
403,426
|
407,972
|
| Total Sh Liabilities and Equity |
400,393
|
428,446
|
464,583
|
461,490
|
| Total Liabilities |
934,488
|
882,319
|
839,461
|
883,885
|
| All Figures in | Thousands | Thousands | Thousands | Thousands |
| All Currency In | SAR | SAR | SAR | SAR |
| Last Update Date | 2023-05-07 | 2022-04-17 | 2021-03-30 | 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 |
229,722
|
217,963
|
244,788
|
245,799
|
| Receivables, Net |
95,784
|
49,664
|
41,240
|
53,138
|
| Other Assets |
201,497
|
143,039
|
162,418
|
186,395
|
| Total Ph Assets |
527,003
|
410,666
|
448,446
|
485,332
|
| Shareholders (Sh) Assets: | - | - | - | - |
| Investments and Cash at Banks SH |
393,066
|
395,904
|
394,947
|
396,991
|
| Other Assets SH |
3,908
|
9,558
|
11,872
|
48,751
|
| Total Sh Assets |
396,974
|
405,462
|
406,819
|
445,742
|
| Total Assets |
923,977
|
816,128
|
855,265
|
931,074
|
| Ph Liabilities : | - | - | - | - |
| Reinsurers Balances Payable |
80,391
|
67,472
|
85,762
|
98,906
|
| Technical Reserves |
355,242
|
255,171
|
278,613
|
261,871
|
| Other Liabilities |
91,370
|
88,023
|
84,071
|
124,555
|
| Total Ph Liabilities |
527,003
|
410,666
|
448,446
|
485,332
|
| Sh Liabilities and Equity: | - | - | - | - |
| Sh Liabilities |
87,679
|
64,958
|
64,991
|
65,508
|
| Sh Equity |
309,295
|
340,504
|
341,828
|
380,234
|
| Total Sh Liabilities and Equity |
396,974
|
405,462
|
406,819
|
445,742
|
| Total Liabilities |
923,977
|
816,128
|
855,265
|
931,074
|
| All Figures in | Thousands | Thousands | Thousands | Thousands |
| All Currency In | SAR | SAR | SAR | SAR |
| Last Update Date | 2022-11-16 | 2022-08-25 | 2022-06-07 | 2021-11-17 |
- Announcements & Corporate Actions
- Financials
- Shareholding
- Peer Comparison
- Company Profile
- Announcements & Corporate Actions
- Financials
- Shareholding
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- Company Profile
- Announcements & Corporate Actions
- Financials
- Shareholding
- Peer Comparison
- Company Profile
Company Profile
Company overview
The mission of the Company is to protect individuals and companies from, and help them to reduce, the risks they face in their daily life by providing insurance products that meet their needs in the areas of Property; Marine; Motor; Medical; General Accident and Engineering. The Company''s strategy is to focus on underwriting and claims discipline to achieve sustainable profitable returns. The purpose of the Company are to transact cooperative insurance operations and related activities such as reinsurance, agency activities, representation, or correspondence activities in accordance with the provisions of the Control of Cooperative Insurance Companies Regulations and its Implementing Rules, and such other laws and regulations in force in the Kingdom of Saudi Arabia. The Company may undertake all activities whether in respect to insurance or the investment of its funds and to own, move, sell, replace or lease its immovable properties or liquid assets either directly or through companies established or acquired by itself or in association with other entities. The Company may have an interest in, own or merge with, or acquire or by any means participate with other corporate entities that are engaged in activities or fiscal activities similar to those of the Company or which assist in realising its purpose. The Company may exercise such activities as stated above whether within or outside the Kingdom of Saudi Arabia.
Company History
Al Alamiya for Cooperative Insurance Company (Al Alamiya) is a Saudi joint stock company and was established in accordance with Council of Ministers Resolution No. 5 dated 08/01/1430H (corresponding to 05/01/2009G) and in accordance with Royal Decree No. M/2 dated 09/01/1430H (corresponding to 06/01/2009G) to carry on the activity of cooperative insurance. The share capital of the Company is two hundred million Saudi Riyals (SR 200,000,000) comprising twenty million (20,000,000) ordinary shares with a nominal value of ten Saudi Riyals (SR 10) each. The capital of the Company has been increased to (400,000,000) million Saudi Riyals on 15/3/1436H (corresponding to 6/1/2015G). The Company s founding shareholders include Royal & Sun Alliance Insurance (Middle East) Limited E.C. (50.07%), Riyad Bank (19.92%), and a group of reputable Saudi investors (0.01%). The remaining 30% of the Company s capital is offered to the public.
Company Bylaws
Equity Profile
- Authorized Capital (SAR) 400,000,000
- Issued Shares 40,000,000
- Paid Capital (SAR) 400,000,000
- Par Value/Share 10
- Paid Up Value/Share -
Last Update :2015-01-07
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:
Bader Ataallah Al Anazi
Company Address:
P.O. Box 6393, Riyadh 11442, KSA
Contact Details:
Telephone: 00966114651520 - 1017
Fax: 00966114645457
Email: bader.alenazi@sa.rsagroup.com