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MetLife AIG ANB Cooperative Insurance Co.

8011
METLIFE AIG ANB
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  • Insurance     

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Announcements

  • MetLife AIG ANB announces the end of the creditors ’objection period and the effectiveness of the merger deal decision between MetLife AIG ANB and Walaa Cooperative Insurance Company

    8011
    METLIFE AIG ANB 0.0 %
    1441/07/06     01/03/2020 08:10:59
  • MetLife AIG ANB announces that the end of the creditors ’objection period related to the merger deal between MetLife AIG ANB and Walaa Cooperative Insurance Company is approaching

    8011
    METLIFE AIG ANB 0.0 %
    1441/06/30     24/02/2020 08:02:28
  • No English translation, kindly refer to the Arabic version

    8011
    METLIFE AIG ANB 0.0 %
    1441/06/09     03/02/2020 08:32:47
  • MetLife AIG ANB announces the start of a creditors' objection period related to the merger between MetLife AIG ANB and Walaa Cooperative Insurance Company

    8011
    METLIFE AIG ANB 0.0 %
    1441/06/03     28/01/2020 09:11:15
  • Addendum Announcement from MetLife AIG ANB Cooperative Insurance Co. in regards to the results of the Extraordenary general assembly (first meeting)

    8011
    METLIFE AIG ANB 0.0 %
    1441/06/03     28/01/2020 09:07:13
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      Financials

      • FINANCIAL INFORMATION
      • FINANCIAL STATEMENTS AND REPORTS
      • Annually
      • Quarterly
      Balance Sheet
      Total Assets - - - -
      Total Liabilities - - - -
      Total Shareholders Equity (After Deducting the Minority Equity) - - - -
      Total Liabilities and Shareholders Equity - - - -
      Statement of Income
      Total Revenue (Sales/Operating) - - - -
      Net Profit (Loss) before Zakat and Tax - - - -
      Zakat and Income Tax - - - -
      Net Profit (Loss) after Zakat and Tax - - - -
      Total Comprehensive Income - - - -
      Profit (Loss) per Share - - - -
      Cash Flows
      Net Cash From Operating Activities - - - -
      Net Cash From Investing Activities - - - -
      Net Cash From Financing Activities - - - -
      Cash and Cash Equivalents, Beginning of the Period - - - -
      Cash and Cash Equivalents, End of the Period - - - -
      All Figures in
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      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
      Total Assets
      Total Liabilities
      Total Shareholders Equity (After Deducting the Minority Equity)
      Total Liabilities and Shareholders Equity
      Statement of Income
      Total Revenue (Sales/Operating)
      Net Profit (Loss) before Zakat and Tax
      Zakat and Income Tax
      Net Profit (Loss) after Zakat and Tax
      Total Comprehensive Income
      Profit (Loss) per Share
      Cash Flows
      Net Cash From Operating Activities
      Net Cash From Investing Activities
      Net Cash From Financing Activities
      Cash and Cash Equivalents, Beginning of the Period
      Cash and Cash Equivalents, End of the Period
      All Figures in
      All Currency In
      Last Update Date

      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.

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      Shareholding Information

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      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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      MetLife AIG ANB Cooperative Insurance Co.
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      Company Profile

      Company overview

      To engage in cooperative insurance activities and all related activities such as reinsurance, agencies, representations, correspondence or brokerage.

      Company History

      Metlife, American International Group & Arab National Bank Cooperative Insurance Company is a Saudi Joint stock company. The Incorporation of the Company has been approved pursuant to Ministerial Resolution No. 119 dated 13/04/1431H ( corresponding to 29/03/2010G), Royal Decree No. M/22 dated 15/04/1431H ( corresponding to 31/03/2010G), in accordance with Companies Regulations issued by Royal Decree No. M/6 dated 22/3/1385H and the insurance Law issued by Royal Decree No. M/32 dated 02/06/1424H and its implementing Regulations issued by virtue of Ministerial Resolution No. 1/596 dated 01/03/1425H. Along with the Ministerial Resolution number 243 dated 22/10/1434H which approved and announced the incorporation of the company

      Company Bylaws

      N/A

      Equity Profile

      • Authorized Capital  (^) 180,000,000
      • Issued Shares 18,000,000
      • Paid Capital  (^) 180,000,000
      • Par Value/Share 10
      • Paid Up Value/Share 10

      Last Update :2018-04-19

      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

        2013/08/29

      • Financial Year End

        31/12

      • Listing Date

        2013/11/26

      • External Auditors

        [Al Bassam & Co. - Allied Accountants, Aldar Audit Bureau - Abdullah Al-Basri & Co.]

      • ISIN CODE

        SA13AG53T5H7

      • Number of Employees

        68

      • Chairman

        Ramzi Kanaan Abukhadra
        Independent

        Ramzi Kanaan Abukhadra
        • BD Session Start
          2019-08-29
          Designation
          Chairman
        • BD Session End
          2022-08-28
          Classification
          Independent
      • Board of Directors

        Lama Khalid Alhaj Ibrahim Non - Executive

        Lama Khalid Alhaj Ibrahim
        • BD Session Start
          2019-08-29
          Designation
          Board of Directors
        • BD Session End
          2022-08-28
          Classification
          Non - Executive

        Youil Dib Homsi Non- Executive

        Youil Dib Homsi
        • BD Session Start
          2019-08-29
          Designation
          Board of Directors
        • BD Session End
          2022-08-28
          Classification
          Non- Executive

        Rabih Abdul Khalek Executive

        Rabih Abdul Khalek
        • BD Session Start
          2019-08-29
          Designation
          Board of Directors
        • BD Session End
          2022-08-28
          Classification
          Executive

        Robert Maroun Eid Non- Executive

        Robert Maroun Eid
        • BD Session Start
          2019-08-29
          Designation
          Board of Directors
        • BD Session End
          2022-08-28
          Classification
          Non- Executive

        Suleiman Saud Al-Sayyari Independent

        Suleiman Saud Al-Sayyari
        • BD Session Start
          2019-08-29
          Designation
          Board of Directors
        • BD Session End
          2022-08-28
          Classification
          Independent

        Khalid Hamad Alyahya Independent

        Khalid Hamad Alyahya
        • BD Session Start
          2019-08-29
          Designation
          Board of Directors
        • BD Session End
          2022-08-28
          Classification
          Independent

        Asif Iqbal Non - Executive

        Asif Iqbal
        • BD Session Start
          2019-08-29
          Designation
          Board of Directors
        • BD Session End
          2022-08-28
          Classification
          Non - Executive

        Nizar Al Twaijri Non - Executive

        Nizar Al Twaijri
        • BD Session Start
          2019-08-29
          Designation
          Board of Directors
        • BD Session End
          2022-08-28
          Classification
          Non - Executive

        Dimitris Mazarakis Non - Executive

        Dimitris Mazarakis
        • BD Session Start
          2019-08-29
          Designation
          Board of Directors
        • BD Session End
          2022-08-28
          Classification
          Non - Executive

        Thamer M. Al Wadey Independent

        Thamer M. Al Wadey
        • BD Session Start
          2019-08-29
          Designation
          Board of Directors
        • BD Session End
          2022-08-28
          Classification
          Independent
      • Senior Executives

        Rabih Abdul Khalek CEO

        Rabih Abdul Khalek
        • BD Session Start
          2019-08-29
          Designation
          Senior Executives
        • BD Session End
          2022-08-28
          Classification
          CEO

        Saif Abbasi CFO

      Saif Abbasi
      • BD Session Start
        2014-05-21
        Designation
        Senior Executives
      • BD Session End
        -
        Classification
        CFO

      Investor Relations

      Contact Name:

      Tarek Chami

      Company Address:

      Ibdaa Tower, King Fahd Rd, Olaya District / PO Box 56437 Riyadh 11554

      Contact Details:

      Telephone: 0115109300
      Fax : 0115109396
      Email : oussama.elkhatib@aig.com

      Company Website:

      www.metlifeaiganb.com


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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.