Company Gulf General Cooperative Insurance Company

Equities

8260

SA12CG541219

Property & Casualty Insurance

End-of-day quote Saudi Arabian S.E. 06:00:00 2024-04-17 pm EDT 5-day change 1st Jan Change
13.7 SAR +0.29% Intraday chart for Gulf General Cooperative Insurance Company +2.09% +4.05%

Business Summary

Gulf General Cooperative Insurance Company SJSC is engaged in insurance and related services. the Company operates in following segments: Medical, which provides healthcare cover to policyholders; Motor segment, which provides coverage against losses and liability related to motor vehicles; Property segment, which provides coverage against losses related to fire, natural perils, business interruption and burglary; Engineering segment, which provides coverage during erection or construction of civil engineering works and installation of plant and machinery; Marine segment, which provides coverage against damages and liabilities arising through loss or damage to marine cargo or hull; Accident and liability insurance, which provides coverage against money, fidelity guarantee, and personal accident, and travel insurance and liability insurance, which provide coverage against the insured’s legal liability arising out of acts of negligence during their business operations.

Sales per Business

SAR in Million2022Weight2023Weight Delta
Motor -Comp
57.5 %
- - 181 57.5 % -
Motor -TPL
12.9 %
- - 41 12.9 % -
Medical
12.7 %
47 18.2 % 40 12.7 % -15.10%
Property
7.1 %
9 3.4 % 23 7.1 % +156.80%
Marine
4.9 %
6 2.5 % 16 4.9 % +142.94%
Accident & Liability
3.3 %
6 2.5 % 10 3.3 % +61.75%
Engineering
1.6 %
1 0.4 % 5 1.6 % +398.46%

Sales per region

SAR in Million2022Weight2023Weight Delta
Saudi Arabia
100.0 %
259 100.0 % 316 100.0 % +22.01%

Managers

Managers TitleAgeSince
Chief Executive Officer 56 22-11-30
Director of Finance/CFO - 21-11-30
Compliance Officer - 21-09-30
Chief Tech/Sci/R&D Officer - 16-02-29
Director/Board Member 63 10-09-20
Human Resources Officer - 23-02-28

Members of the board

Members of the board TitleAgeSince
Director/Board Member 65 -
Director/Board Member 63 19-02-16
Chairman - 19-02-16
Director/Board Member 63 10-09-20
Director/Board Member - -
Director/Board Member - -
Director/Board Member - 16-02-16
Director/Board Member - -
Director/Board Member - -

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 30,000,000 26,400,000 ( 88.00 %) 0 88.00 %

Shareholders

NameEquities%Valuation
Al-Dabbagh Group Holding Co. Ltd.
6.000 %
3,000,000 6.000 % 11 M ﷼
Saudi General Co. For Commercial Investments & Services
6.000 %
3,000,000 6.000 % 11 M ﷼
Dimensional Fund Advisors Ltd.
0.0129 %
6,447 0.0129 % 24 066 ﷼
DFA Australia Ltd.
0.002826 %
1,413 0.002826 % 5 275 ﷼

Company contact information

Gulf General Cooperative Insurance Co.

Al-Gheithy Plaza Ameer Al-Shoura'a Street

21441, Jeddah

+966 9200 12654

http://www.ggi-sa.com
address Gulf General Cooperative Insurance Company(8260)
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