Saudi Arabia

The Company For Cooperative Insurance JSC (التعاونية للتأمين )

An EMIS Company Report EMIS is a Euromoney Institutional Investor plc company USD 29.95 Industry: Insurance Carriers Available in: English & Arabic Format: PDF Download Most recent financial data: 2016 Buy full report

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Contact Information

Legal Address
Head Office Building Number 6507 Thumamah Road (Takhassusi),Ar Rabi Area,P.O Box 86959 Riyadh 11632 Kingdom Of Saudi Arabia
Riyadh City; Al Riyadh; Map
Postal Code: 11632

Tel: +966-11252
Fax: +966-11400

Email:
@tawuniya.com.sa

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

Company Description
The Company for Cooperative Insurance (Tawuniya) is a Saudi Arabia-based public shareholding company established in in Riyadh, Kingdom of Saudi Arabia by Royal Decree Number M/5 dated 9/1/1985 and incorporated on January 18, 1986 under Commercial Registration No. 1010061695. Engaged in the provision of cooperative insurance and reinsurance activities. The Company offers its services through three divisions: Motor Insurance, Medical & Takaful and Property & Casualty. Motor Insurance provides a range of motor-vehicle caused accident insurance policies, including Rukhsa, Al-Shamel, Sanad, Sanad Plus and Motor Commercial. Medical & Takaful offers medical and health insurance plans for retail and corporate sectors, including Families & Individuals, Balsam, Medical Group and Takaful. It also offers savings and investment plans referred to as Takaful Insurance Plans. The Property & Casualty division covers personal accidents and offers Engineering, Property, Energy, Marine Cargo, Marine Hull, General Accidents, Personal Insurance and Aviation insurance services.
NAICS Industry Classification
Main Activities: Insurance Carriers
Basic Information
Total Employees:
733 (2011)
Outstanding Shares:
: ()
Registered Capital:
()
Financial Auditors:
()
Incorporation Date:
1986
Profile Updated:
January 07, 2018
Key Executives
Chairperson
Vice Chairperson
Director / Member of the Management Board
Director / Member of the Management Board
Director / Member of the Management Board
More
Ownership Details
Public
53.37%
Key Financial Highlights
2017 Q3C
Net insurance premium revenue
Net fee and commission income
Operating profit (EBIT)
Net Profit (Loss) for the Period
Total assets 12,600,191
Investments
Receivables
Total equity
Net Premiums Earned Trend
Net Income Trend
Return on Equity (ROE)
Loss Ratio
Underwriting Expenses Ratio
Note: units in Thousands. Statement: Non-Audited, Consolidated
Source: World's Vest Base, EMIS Company Database.
Financial Performance Charts
Top Competitors

Financial Statements

Annual Statements
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