The Company for Cooperative Insurance - TAWUNIYA

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The Company for Cooperative Insurance

Postal Address: P.O. Box 86959, Riyadh 11632
Tel: +966 1 218 0100
Fax: +966 1 218 0102
Tlx: 406828
Street Address: Abraj Ata'awuneya 700 King Fahad Road
Website: www.tawuniya.com.sa
Email: info@tawuniya.com.sa

Market Capitalization(SAR '000):

3,220,000
  • Sector
  • Market
  • GCC
  • Rank
  • 1
  • 56
  • 134
  • Share
  • 4.77(%)
  • 0.22(%)
  • 0.11(%)
Establishment Date: 09/01/1985
Paidup capital (SAR) : 1,000,000,000
Par value per share (SAR) : 10.00
Ownership: Private Sector 79.67%, Govt. Sector 20.33%
No. of Employees: 722

Activities:

 

The Company for Cooperative Insurance (Tawuniya) is a Saudi public joint stock company. NCCI transacts in cooperative insurance operations and all related activities such as reinsurance or agency activities. NCCI's principal lines of business include motor, marine, fire, medical, engineering, aviation, takaful, and casualty insurance.

Key Figures

Sector: Insurance
Latest Financials: 31/12/2012
Revenue(SAR'000): 5,634,638
Revenue Growth: 27.16(%)
Net Profit(SAR'000): 319,721

IPO Information

 
Status: Trading (17/01/2005)
Offering Price: 205
Offer Amount: 1435000000
Opening Price: 410.7500
Lead Underwriter: The Saudi British Bank
Offering Shares: 7,000,000
Total Shares: 10,000,000

Board of Directors & Senior Management

Chairman: Soliman S. Al Humayyed
CEO: Ali A. Al Subaihin
Board Members: Abdulaziz A. Al Mudaimigh
Abdullah M. Al Fayaz
Adel A. Al Manqour
Ali A. ALsubaihin
Saad A. Al Marzogi
Waleed A. Al Eisa
Auditors: KPMG Al Fowzan & Al Sadhan
PricewaterhouseCoopers Al Juraid
 
GulfBase GCC Index
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