Company Al-Etihad Cooperative Insurance Company

Equities

8170

SA11T053VL18

Multiline Insurance & Brokers

End-of-day quote Saudi Arabian S.E. 07:00:00 2024-03-27 pm EDT 5-day change 1st Jan Change
24.6 SAR +0.41% Intraday chart for Al-Etihad Cooperative Insurance Company +0.16% +33.70%

Business Summary

Al Etihad Cooperative Insurance Co SJSC, formerly known Al-Etihad Cooperative Insurance Co, is a Saudi Arabia-based company engaged in the provision of cooperative insurance and related activities, as well as reinsurance services. The Company is organized into three business segments: the Medical insurance segment, which covers medical costs, medicines, and all other medical services and supplies; the Motor Insurance segment covers losses related to motor vehicles, excluding transport insurance, and the Other classes segment provides all other insurance products and services, including Property, which includes homeowners and commercial property; Marine & Marine Cargo, which includes cargo, hull and pleasurecraft; Engineering & Construction, which includes contractors' all risks, machinery and boiler and pressure vessel; General Accident & Liability, which includes fidelity guarantee and public liability; Travel, which includes common carrier accidental death, and Tailor-Made Solutions.

Sales per Business

SAR in Million2021Weight2022Weight Delta
Motor
49.2 %
426 55.8 % 511 49.2 % +19.78%
Medical
47.7 %
316 41.3 % 495 47.7 % +56.90%
Property and Casualty
3.1 %
23 3.0 % 32 3.1 % +41.64%

Sales per region

SAR in Million2021Weight2022Weight Delta
Saudi Arabia
100.0 %
765 100.0 % 1,038 100.0 % +35.74%

Managers

Managers TitleAgeSince
Chief Executive Officer - 16-03-31
Compliance Officer - -
Chief Administrative Officer - -
Chief Tech/Sci/R&D Officer - 21-08-31
Chief Tech/Sci/R&D Officer - 11-02-28
Investor Relations Contact - -
Sales & Marketing - -
Comptroller/Controller/Auditor - -

Members of the board

Members of the board TitleAgeSince
Director/Board Member - 20-01-05
Director/Board Member - 14-01-05
Chairman - 20-01-05
Director/Board Member - 20-01-05

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 45,000,000 30,438,000 ( 67.64 %) 0 67.64 %

Shareholders

NameEquities%Valuation
Trade Union Insurance Co Bsc
22.36 %
10,062,003 22.36 % 53 M ﷼
4,500,002 10.00 % 24 M ﷼
Russell Investments Ltd.
0.0519 %
23,350 0.0519 % 122 282 ﷼
Dimensional Fund Advisors Ltd.
0.0287 %
12,924 0.0287 % 67 682 ﷼
DFA Australia Ltd.
0.0125 %
5,634 0.0125 % 29 505 ﷼

Company contact information

Al-Etihad Cooperative Insurance Co.

Al Abdulkarim Tower 8514 King Fahad bin Abdulaziz Road

34227-2453, Al-Khobar

+00966138164555

http://www.aletihad.sa
address Al-Etihad Cooperative Insurance Company(8170)