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Malath Cooperative Insurance Company JSC (Saudi Arabia)

Main Activities: Direct Life, Health, and Medical Insurance Carriers | Direct Insurance (except Life, Health, and Medical) Carriers | Reinsurance Carriers
Full name: Malath 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

Malath Cooperative Insurance and Reinsurance Company is a Saudi Arabia-based public shareholding company established on 09/04/2007 and is engaged in the provision of general insurance and reinsurance products and services in accordance with the Shariah guidelines. The Company’s products consist of Business and Individual products. The Business product which is categorized as corporate products, include motor, health, group life, engineering, property, marine hull, marine cargo, miscellaneous accident, aviation and energy insurance. The individual product includes Motor, health, travel and medical malpractice insurance. The Company also provides risk management services and insurance solutions and consultancy.

Legal Address
Prince Mohammed Bin Abdulaziz Street,P.O.Box 99763
Riyadh; Al-Riyadh; Postal Code: 11625

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Website: http://www.malath.com.sa

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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Ratings:
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Incorporation Date:
April 09, 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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Director / Member of the Management Board
Company Performance
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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
10.7%
Operating profit (EBIT)
301.36%
Net Profit (Loss) for the Period
N/A
Total assets
10.41%
Investments
62.18%
Receivables
-0.09%
Total equity
3.42%
Net Premiums Earned Trend
-0.58%
Return on Equity (ROE)
N/A
Loss Ratio
-5.1%
Underwriting Expenses Ratio
0.61%

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