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United Cooperative Assurance Company JSC (Saudi Arabia)

Main Activities: Direct Life, Health, and Medical Insurance Carriers | Direct Insurance (except Life, Health, and Medical) Carriers
Full name: United Cooperative Assurance Company 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

United Cooperative Assurance is a Saudi joint stock company, incorporated in 2008. It provides a variety of insurance services such as aviation insurance, contractors all risks insurance, electronic equipment insurance, engineering projects insurance, fire insurance, marine cargo insurance, medical insurance, personal accident insurance, plants and machinery insurance, third party liability insurance, etc. The company is headquartered in Jeddah but it also has offices in Buraidah, Khamis Mushait, Khobar, Mecca, Riyadh,Tabouk.

Headquarters
Al Khaledia District, Prince Saud Al-Faisal Street, Al Mukhmal Tower -1St And 4Th Floor, P.O Box 5019
Jeddah; Mecca Region; Postal Code: 21422

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

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
2008
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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Chief Executive Officer
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Outside Director
Ownership Details
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31.33%
Company Performance
Financial values in the chart are available after United Cooperative Assurance 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
313.92%
Operating profit (EBIT)
87.66%
Net Profit (Loss) for the Period
78.83%
Total assets
-48.21%
Investments
-80.07%
Total equity
20.27%
Net Premiums Earned Trend
280.52%
Net Profit Trend
-55.77%
Return on Equity (ROE)
17.91%
Loss Ratio
48.07%
Underwriting Expenses Ratio
1.34%

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