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The Company for Cooperative Insurance

8010
TAWUNIYA
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  • Main Market
  • Insurance

Stats Overview

  • Prev. Close 156.60
  • Open 157.00
  • High 161.40
  • Low 154.80
  • No. of Trades 2,932
  • Avg. Trade size* 87
  • Volume Traded 254,354
  • Value Traded (SAR) 40,332,664.60

Performance

TAWUNIYA
2.20 ( 1.40% )
Compare
Name Price Change %
The Company for Cooperative Insurance 157.00 1.40%
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
158.80
% Change
1.40
Volume Traded
658

Best Bid

Price 158.80
Volume 1,595

Best Offer

Price 159.40
Volume 259

52 WEEK

High
176.00
2024/03/21
Low
82.92
2023/04/25
Change**
89.43

PERFORMANCE

Start of Year
134
Year ago
83.83
3 Years ago
64.25

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Announcements

  • The Company for Cooperative Insurance announces the distribution of cash dividends to shareholders for the Fiscal year 2023

    8010
    TAWUNIYA 1.4 %
    1445/10/05     14/04/2024 08:15:52
  • The Company for Cooperative Insurance announces its Annual Financial Results for the Period Ending on 2023-12-31

    8010
    TAWUNIYA 1.4 %
    1445/08/26     07/03/2024 07:58:11
  • The Company for Cooperative Insurance (TAWUNIYA) announces rating upgrade to (A) by S&P Global Ratings with stable outlook.

    8010
    TAWUNIYA 1.4 %
    1445/06/07     20/12/2023 08:08:58
  • The Company for Cooperative Insurance Announces the Formation of the Audit Committee Members

    8010
    TAWUNIYA 1.4 %
    1445/05/20     04/12/2023 15:37:33
  • The Company for Cooperative Insurance announces its Interim Financial Results for the Period Ending on 2023-09-30 ( Nine Months )

    8010
    TAWUNIYA 1.4 %
    1445/04/21     05/11/2023 09:17:07
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Corporate Actions

Upcoming Events

    Past Events

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

      Dividends

      Announced Date Eligibility Date Distribution Date Distribution Way Dividend Amount
      08/05/2023 07/06/2023 19/06/2023 Account Transfer 1.00
      06/04/2021 29/04/2021 09/05/2021 Account Transfer 0.80
      15/02/2017 21/03/2017 27/03/2017 Account Transfer 5.00
      21/02/2016 21/03/2016 24/03/2016 Account Transfer 1.00
      11/02/2015 16/03/2015 19/03/2015 Account Transfer 1.45

      CompanyProfilev2Financials

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      Financials

      • FINANCIAL INFORMATION
      • FINANCIAL STATEMENTS AND REPORTS
      • Annually
      • Quarterly
      Balance Sheet 2023-12-31
      Total Assets
      18,416,726
      - - -
      Total Liabilities
      14,794,909
      - - -
      Total Shareholders Equity (After Deducting the Minority Equity)
      3,614,828
      - - -
      Total Liabilities and Shareholders Equity
      18,409,737
      - - -
      Statement of Income 2023-12-31
      Total Revenue (Sales/Operating)
      15,265,424
      - - -
      Net Profit (Loss) before Zakat and Tax
      717,806
      - - -
      Zakat and Income Tax
      -101,380
      - - -
      Net Profit (Loss) after Zakat and Tax
      616,426
      - - -
      Total Comprehensive Income
      614,257
      - - -
      Profit (Loss) per Share
      4.11
      - - -
      Cash Flow 2023-12-31
      Net Cash From Operating Activities
      1,591,389
      - - -
      Net Cash From Investing Activities
      -1,044,024
      - - -
      Net Cash From Financing Activities
      -124,851
      - - -
      Cash and Cash Equivalents, Beginning of the Period
      1,659,193
      - - -
      Cash and Cash Equivalents, End of the Period
      2,081,707
      - - -
      All Figures in Thousands
      All Currency In SAR
      Last Update Date 2024-03-14

      The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate. The above information does not replace detailed financial statements, as detailed financial statements are the reliable source that must be consulted to obtain accurate financial information.

      Balance Sheet 2023-09-30 2023-06-30 2023-03-31
      Total Assets
      18,550,038
      18,055,913
      16,687,830
      Total Liabilities
      14,996,465
      14,707,960
      13,459,672
      Total Shareholders Equity (After Deducting the Minority Equity)
      3,534,305
      3,331,317
      3,213,441
      Total Liabilities and Shareholders Equity
      18,530,770
      18,039,277
      16,673,113
      Statement of Income 2023-09-30 2023-06-30 2023-03-31
      Total Revenue (Sales/Operating)
      3,960,790
      3,697,377
      3,407,306
      Net Profit (Loss) before Zakat and Tax
      229,881
      275,863
      101,347
      Zakat and Income Tax
      -23,591
      -30,012
      -26,879
      Net Profit (Loss) after Zakat and Tax
      206,290
      245,851
      74,468
      Total Comprehensive Income
      205,620
      244,795
      76,569
      Profit (Loss) per Share
      1.38
      1.97
      0.6
      Cash Flow 2023-09-30 2023-06-30 2023-03-31
      Net Cash From Operating Activities
      1,224,826
      366,781
      -164,266
      Net Cash From Investing Activities
      -167,635
      17,043
      -21,586
      Net Cash From Financing Activities
      -125,129
      -124,813
      -17
      Cash and Cash Equivalents, Beginning of the Period
      1,659,193
      1,659,193
      1,659,193
      Cash and Cash Equivalents, End of the Period
      2,591,255
      1,918,204
      1,473,324
      All Figures in Thousands Thousands Thousands
      All Currency In SAR SAR SAR
      Last Update Date 2023-11-12 2023-11-12 2023-11-12

      The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate. The above information does not replace detailed financial statements, as detailed financial statements are the reliable source that must be consulted to obtain accurate financial information.

      Display Previous Periods
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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
      2024-04-24 ناصر محمد عبدالعزيز الحقباني Board of Directors 0.0008000% 0.0008000% 0
      2024-04-24 خالد عبدالعزيز عبدالله الغنيم Board of Directors 0.0008000% 0.0008000% 0
      2024-04-24 عبدالعزيز محمد عبدالعزيز السديس Board of Directors 0.0001600% 0.0001600% 0
      2024-04-24 عثمان يوسف عثمان القصبي Senior Executives 0.0000887% 0.0000887% 0
      2024-04-24 عبدالعزيز عبدالرحمن براهيم الخميس Board of Directors 0.0010000% 0.0010000% 0
      2024-04-24 سلمان فارس محمد الفارس Board of Directors 0.0008000% 0.0008000% 0
      2024-04-24 عبدالعزيز ابراهيم سليمان النويصر Board of Directors 0.0002000% 0.0002000% 0
      • 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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      The Company for Cooperative Insurance
      Price 158.80
      Market Cap (SAR MN) 22,890
      P/E Ratio 37.13
      Index Name Index Level 1D Return
      The Company for Cooperative Insurance %
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      Company Profile

      Company overview

      The purpose of the Company is to transact cooperative insurance operations and all related activities including reinsurance and agency activities. Its principal lines of business include: motor, marine, fire, properties, medical, engineering, aviation, power, Takaful and casualty insurance.

      Company History

      The establishment of Tawuniya in 1986 was not considered a normal occurrence in the Saudi insurance market; it was the steppingstone to create a viable insurance industry in Saudi Arabia. Since its early beginnings, the Company took it upon itself to develop the Saudi insurance industry, setting standards for optimal insurance services and introducing new products that satisfy client needs, especially in the retail sector. Over the years, Tawuniya has invested heavily in the development of savvy professional Saudi insurance employees, thus raising the level of professionalism in the Saudi insurance workforce. Moreover, it has contributed to the education and awareness of the society in regards to insurance through many organized advertising and public relations initiatives.

      Company Bylaws

      Click here

      Equity Profile

      • Authorized Capital (SAR) 1,500,000,000
      • Issued Shares 150,000,000
      • Paid Capital (SAR) 1,500,000,000
      • Par Value/Share 10
      • Paid Up Value/Share 10

      Last Update :2023-08-29

      Investment limits

      There are no investment limits on the company shares as per the amended Rules for Qualified Foreign Financial Institutions Investments in Listed Securities and Instructions for the Foreign Strategic Investors Ownership in Listed Companies based on company bylaw and the issued instructions by the related regulators and supervisory authorities

       

      • Company Details
      • BOARD OF DIRECTORS AND SENIOR EXECUTIVES INFORMATION
      • Date Established

        1986/01/18

      • Financial Year End

        31/12

      • Listing Date

        2005/03/12

      • External Auditors

        [Dr. Mohamed Al-Amari & Co BDO, KPMG]

      • ISIN CODE

        SA000A0DPSH3

      • Number of Employees

        -

      • Board of Directors

        Abdulaziz Ibrahim AlNowaiser Non - Executive

        Abdulaziz Ibrahim AlNowaiser
        • BD Session Start
          2023-04-10
          Designation
          Board of Directors
        • BD Session End
          2026-04-09
          Classification
          Non - Executive
        • Qualification
          Bachelor of Accounting Master of Accounting with two subspecialties: finance and information systems International Financial Report (Dip IFR International Accounting Standards)

        Hessa Abdulmohsen Alsheikh Non - Executive

        Hessa Abdulmohsen Alsheikh
        • BD Session Start
          2023-04-10
          Designation
          Board of Directors
        • BD Session End
          2026-04-09
          Classification
          Non - Executive
        • Qualification
          Bachelor of Finance Master of Business Administration

        Abdulaziz Abdulrahman Alkhamis Non - Executive

        Abdulaziz Abdulrahman Alkhamis
        • BD Session Start
          2023-04-10
          Designation
          Board of Directors
        • BD Session End
          2026-04-09
          Classification
          Non - Executive
        • Qualification
          Bachelor of Economics

        Paul John Sweeting Non - Executive

        Paul John Sweeting
        • BD Session Start
          2023-04-10
          Designation
          Board of Directors
        • BD Session End
          2026-04-09
          Classification
          Non - Executive
        • Qualification
          Bachelor of Economics Master of Actuarial Science PhD of Economics

        Selman Fares AlFares Non - Executive

        Selman Fares AlFares
        • BD Session Start
          2023-04-10
          Designation
          Board of Directors
        • BD Session End
          2026-04-09
          Classification
          Non - Executive
        • Qualification
          Bachelor of Computer Information System

        Khaled Abdulaziz AlGhoneim Non - Executive

        Khaled Abdulaziz AlGhoneim
        • BD Session Start
          2023-04-10
          Designation
          Board of Directors
        • BD Session End
          2026-04-09
          Classification
          Non - Executive
        • Qualification
          Bachelor of Computer engineering Master of Computer and electrical engineering PhD of Computer and electrical engineering

        Naser Mohammed AlHuqbani Independent

        Naser Mohammed AlHuqbani
        • BD Session Start
          2023-04-10
          Designation
          Board of Directors
        • BD Session End
          2026-04-09
          Classification
          Independent
        • Qualification
          Bachelor of Public Administration Master of Business Administration and Public Administration

        Abdulsalam Nasser Abaoud Independent

        Abdulsalam Nasser Abaoud
        • BD Session Start
          2023-04-10
          Designation
          Board of Directors
        • BD Session End
          2026-04-09
          Classification
          Independent
        • Qualification
          Bachelor of Mathematics Master of Actuarial Science

        Abdulaziz Mohammed AlSedeas Independent

        Abdulaziz Mohammed AlSedeas
        • BD Session Start
          2023-04-10
          Designation
          Board of Directors
        • BD Session End
          2026-04-09
          Classification
          Independent
        • Qualification
          Bachelor of English literature Advanced Postgraduate Diploma of Administration
      • Senior Executives

        Othman Yousef Alkassabi CEO

        Othman Yousef Alkassabi
        • BD Session Start
          2023-09-06
          Designation
          Senior Executives
        • BD Session End
          -
          Classification
          CEO

        Mater Saud AlEnazi CFO

      Mater Saud AlEnazi
      • BD Session Start
        2023-09-04
        Designation
        Senior Executives
      • BD Session End
        -
        Classification
        CFO

      Investor Relations

      Contact Name:

      Qassam Aljumah

      Company Address:

      Head office building number 6507 Thumamah Road (Takhassusi) Ar rabi Area P.O.Box 86959 Riyadh 11632 kingdom of Saudi Arabia

      Contact Details:

      Telephone: 0112526622
      Fax : 0114000844
      Email : IR@tawuniya.com.sa

      Company Website:

      http://www.tawuniya.com.sa


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      The Capital Market Authority and Saudi Exchange take no responsibility for the contents of these disclosures, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of these disclosures, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.