SOLIDARITY SAUDI TAK

8290
End-of-day quote. End-of-day quote  - 11/30
19.22SAR -0.93%
Business Summary
Financials
Insurance
 Insurance
  Multiline Insurance & Brokers
   Islamic Insurance
Solidarity Saudi Takaful Co JSC (SSTC) is a Saudi Arabia-based joint stock company engaged in the provision of cooperative insurance services according to the Islamic Sharia principles. The Company’s products are structured into two segments: Individual products and Corporate products. The Individual products segment includes motor, home insurance, medical insurance and personal accident. The Corporate products segment includes motor fleet, engineering, general accident & liability, marine, fire insurance, medical and group life. The Company operates through its head office located in Riyadh and branches located in Jeddah and Al Khobar. SSTC's main shareholders include Solidarity Bahrain Company BSC, Al-Nofooth Trading Company, Ibrahim Mohammed Al Hadethi for Investment Company and Dana Al Corniche Limited.
Sales per Business
20182019
SAR
(in Million)
%SAR
(in Million)
%
Medical 88.3453.9% 194.3364%
Vehicles 73.7445% 84.6827.9%
Life Group 2.981.8% 2.971%
General Accidents 2.921.8% 2.750.9%
Engineering 4.762.9% 2.490.8%
Property 1.530.9% 1.580.5%
Marine 0.4870.3% 0.4340.1%
Sales per region
20182019
SAR
(in Million)
%SAR
(in Million)
%
Saudi Arabia 174.77106.6% 292.1896.3%
Managers
Name Title
Bader Khalid Al Anzi Chief Executive Officer
Abdulellah Ebrahim Mohamed Al-Qassimi Non-Executive Chairman
Ashraf Adnan Nuredin Bseisu Non-Executive Vice Chairman
Jawad Mohamed Shubbar Husain Non-Executive Director
Mohammad Abdulaziz Mohammed Abduldaim Independent Director
Majed Ali Hussein Al Qandeel Independent Director
Hassan Mohammed Mahmood Hassan Non-Executive Director
Khalil Ismaeel Khalil Al-Meer Non-Executive Director
Basem Rashid Al Sharqi Independent Director
Saleh Salem Al-Nashwan Independent Director
Shareholders
Name Equities %
Solidarity Group Holding BSC 6,876,504 27.5%
Khodair Abdullah Abdulrahman Abdullah Al 145,720 0.58%
Wahaibi Mohammed Ali Abdulkarim Al 45,025 0.18%
Company contact information
Solidarity Saudi Takaful Co.
Al Thumamah
Al Takhassusi Street
Al Nada District
Riyadh 11612

Phone : +966.11.299.4555
Fax : +966.11.299.4556
Web : http://www.solidaritytakaful.com
Sector Islamic Insurance
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