Company The Company for Cooperative Insurance

Equities

8010

SA000A0DPSH3

Life & Health Insurance

End-of-day quote Saudi Arabian S.E. 07:00:00 2024-03-26 pm EDT 5-day change 1st Jan Change
166.2 SAR 0.00% Intraday chart for The Company for Cooperative Insurance -1.07% +27.65%

Business Summary

The Company for Cooperative Insurance SJSC is a Saudi Arabia-based insurance company, which is engaged in the cooperative insurance operations and all related activities including reinsurance and agency activities. The Company operates in following segments: Medical, which provides coverage for health insurance; Medical Umrah, which provides coverage for health insurance for pilgrims; Motor, which provides coverage for motor insurance and for Manafeth third party liability insurance for foreign vehicles; Property and casualty that includes coverage for property, engineering, marine, aviation, energy and general accidents insurance; General accidents that includes Hajj & Umrah insurance, coverage for pilgrims; Travel and COVID-19 ,which includes coverage of compulsory travel insurance in addition to some coverages related to COVID-19 for citizens travelling abroad; and Protection and savings.

Sales per Business

SAR in Million2021Weight2022Weight Delta
Medical
81.3 %
7,091 87.9 % 8,711 81.3 % +22.84%
Motor
7.3 %
615 7.6 % 785 7.3 % +27.66%
Medical - Umrah
3.9 %
16 0.2 % 415 3.9 % +2,561.20%
General Accidents - Hajj &Umrah
3.5 %
11 0.1 % 378 3.5 % +3,274.49%
Property and Casualty
2.7 %
236 2.9 % 286 2.7 % +21.30%
Travel & COVID-19
1.2 %
92 1.1 % 125 1.2 % +35.73%
Protection & Savings
0.1 %
7 0.1 % 10 0.1 % +36.01%

Sales per region

SAR in Million2021Weight2022Weight Delta
Saudi Arabia
100.0 %
8,068 100.0 % 10,710 100.0 % +32.74%

Managers

Managers TitleAgeSince
Chief Executive Officer - 17-07-16
Director of Finance/CFO - 21-05-16
Chief Investment Officer - -
Corporate Officer/Principal - -
Comptroller/Controller/Auditor - -
Sales & Marketing - -

Members of the board

Members of the board TitleAgeSince
Director/Board Member 60 -
Shariah Board Member 94 -
Shariah Board Member 74 07-02-24
Director/Board Member - -
Director/Board Member - -
Director/Board Member - -
Chairman - 15-05-11
Director/Board Member - 15-10-31
Director/Board Member - 20-03-25
Director/Board Member - 20-03-25

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 150,000,000 111,211,500 ( 74.14 %) 0 74.14 %

Shareholders

NameEquities%Valuation
Hassana Investment Co. (Investment Company)
25.85 %
38,775,600 25.85 % 1 675 M ﷼
SNB Capital Co.
1.771 %
2,657,000 1.771 % 115 M ﷼
Goldman Sachs Asset Management International
0.3579 %
536,807 0.3579 % 23 M ﷼
Qatar Insurance Co. SAQ (Investment Management)
0.3465 %
519,757 0.3465 % 22 M ﷼
State Street Global Advisors Ltd.
0.1481 %
222,186 0.1481 % 10 M ﷼
Amundi Asset Management SA (Investment Management)
0.1362 %
204,273 0.1362 % 9 M ﷼
Sjunde AP-fonden
0.0980 %
147,032 0.0980 % 6 M ﷼
Bank Muscat SAOG (Investment Management)
0.0753 %
113,020 0.0753 % 5 M ﷼
Northern Trust Fund Managers (Ireland) Ltd.
0.0364 %
54,619 0.0364 % 2 M ﷼
ADCB Asset Management Ltd.
0.0230 %
34,560 0.0230 % 1 M ﷼

Company contact information

The Company for Cooperative Insurance

6507 Thomamah Road Ar Rabi District

11632, Riyadh

+966 11 252 5800

http://www.tawuniya.com.sa
address The Company for Cooperative Insurance(8010)