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Axa Cooperative Insurance Company JSC (Saudi Arabia)

Main Activities: Direct Life, Health, and Medical Insurance Carriers | Direct Insurance (except Life, Health, and Medical) Carriers
Full name: Axa Cooperative Insurance Company JSC Profile Updated: November 01, 2020
Buy our report for this company USD 29.95 Most recent financial data: 2019 Available in: English & Arabic Download a sample report

AXA Cooperative Insurance company is a Saudi Joint Stock Company established by Royal Decree Number M/36 dated 27/6/1429 H and incorporated on 20/07/1430 under Commercial Registration No. 1010271203. AXA Cooperative is part of the AXA Group with headquarters in France. AXA Group is regionally present in Bahrain, United Arab Emirates, Qatar, Oman, Lebanon, Jordan, Turkey and Morocco. It is engaged in the provision of cooperative insurance and reinsurance products and services. AXA Group operations in Saudi Arabia can be traced back to 1985, with offices now located in the economic regions of the Kingdom: Jeddah, Riyadh and Dammam.

Legal Address
Alnuzha, King Abdullah Road 3528,P.O Box 753
Riyadh; Al-Riyadh; Postal Code: 12471

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Website: http://www.axa-cooperative.com

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
2009
Key Executives
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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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Director / Member of the Management Board
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Director / Member of the Management Board
Ownership Details
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32%
Company Performance
Financial values in the chart are available after Axa Cooperative Insurance Company 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
1.12%
Operating profit (EBIT)
57.73%
Net Profit (Loss) for the Period
64.74%
Total assets
14.96%
Investments
18.16%
Receivables
12.51%
Total equity
21.18%
Net Premiums Earned Trend
N/A
Return on Equity (ROE)
3.36%
Loss Ratio
5.46%
Underwriting Expenses Ratio
-1.11%

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