Company Saudi Arabian Cooperative Insurance Company

Equities

8100

SA000A0MR823

Multiline Insurance & Brokers

End-of-day quote Saudi Arabian S.E. 06:00:00 2024-04-17 pm EDT 5-day change 1st Jan Change
19.28 SAR +0.84% Intraday chart for Saudi Arabian Cooperative Insurance Company +1.58% +28.36%

Business Summary

Saudi Arabian Cooperative Insurance Co SJSC (SAICO) is a Saudi Arabia-based joint stock company engaged in the provision of all classes of general insurance products. The Company is organized into six business segments: the Medical segment provides health care cover to policyholders; the Motor Insurance segment provides coverage against losses and liability related to motor vehicles, excluding transport insurance; the Fire and burglary segment provides coverage against fire, and any other insurance included under this class of insurance; the Marine Insurance segment provides cover for marine cargo in transit and ships against marine perils; the Engineering insurance segment provides coverage for loss or damage to construction works or erection and installation of plant and machinery, and the Public liability segment provides cover for legal liability of the insured against third parties arising out of premises, business operations or projects handled.

Sales per Business

SAR in Million2022Weight2023Weight Delta
Motor
37.8 %
315 46.0 % 395 37.8 % +25.37%
Medical/Health
31.4 %
300 43.8 % 328 31.4 % +9.31%
Property and Casualty
29.9 %
70 10.2 % 313 29.9 % +345.19%
Protection
0.9 %
- - 9 0.9 % -

Sales per region

SAR in Million2022Weight2023Weight Delta
Saudi Arabia
100.0 %
685 100.0 % 1,045 100.0 % +52.42%

Managers

Managers TitleAgeSince
Chief Executive Officer - 23-03-04
Director of Finance/CFO - 22-05-07
Chief Tech/Sci/R&D Officer - -
Investor Relations Contact - -
Sales & Marketing - -

Members of the board

Members of the board TitleAgeSince
Chairman - -
Director/Board Member - -
Director/Board Member - 23-07-12
Director/Board Member - -
Director/Board Member - 23-05-23

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 30,000,000 21,000,000 ( 70.00 %) 0 70.00 %

Shareholders

NameEquities%Valuation
Saudi Arabian Cooperative Insurance Co. (Bahrain)
30.00 %
9,000,000 30.00 % 46 M ﷼
Saud Ahmed Bin Khalid Bin Abdullah Al
0.3636 %
109,091 0.3636 % 560 799 ﷼
SEI Investments (Europe) Ltd.
0.0886 %
26,587 0.0886 % 136 674 ﷼
Dimensional Fund Advisors Ltd.
0.005560 %
1,668 0.005560 % 8 575 ﷼
DFA Australia Ltd.
0.003433 %
1,030 0.003433 % 5 295 ﷼

Company contact information

Saudi Arabian Cooperative Insurance Co.

Platinum Center Salahuddin Street

11594, Riyadh

+966 11 8749666

http://www.saico.com.sa
address Saudi Arabian Cooperative Insurance Company(8100)
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