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Al-Etihad Cooperative Insurance Company A JSC (Saudi Arabia)

Main Activities: Direct Life, Health, and Medical Insurance Carriers | Direct Insurance (except Life, Health, and Medical) Carriers
Full name: Al-Etihad Cooperative Insurance Company A JSC Profile Updated: March 13, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English Download a sample report

Alujain Corporation was incorporated in 1991 and it's headquartered in Jeddah, Saudi Arabia. The company is engaged in investments in a diversified portfolio of large local industrial projects in the following industries: petrochemicals, mining, energy. One of the company's subsidiaries - NATPET, produces high-quality polypropylene. The company has also invested in plants for the production of polyester, cleaning products, etc.

Headquarters
Al Abdulkarim Tower, 8514 King Fahad Bin Abdulaziz Road, Al-Qashlah District Unit No 15, P.O Box 1022
Khobar; Eastern Province; Postal Code: 31952

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Website: http://www.tuci-sa.com

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
2007
Key Executives
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Chairperson
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Vice Chairperson
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Director / Member of the Management Board
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Director / Member of the Management Board
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Chief Executive Officer
Ownership Details
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22.36%
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10%
Company Performance
Financial values in the chart are available after Al-Etihad Cooperative Insurance Company A JSC report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency SAR. Absolute financial data is included in the purchased report.
Net insurance premium revenue
10.96%
Operating profit (EBIT)
51.39%
Net Profit (Loss) for the Period
264.3%
Total assets
-6.52%
Investments
31.2%
Total equity
14.97%
Net Premiums Earned Trend
-24.5%
Net Profit Trend
N/A
Return on Equity (ROE)
7.42%
Loss Ratio
-6.12%
Underwriting Expenses Ratio
-6.84%

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