Buruj Cooperative Insurance Co. - BURUJ

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47.20 -0.50(-1.05%)
Last Update 25/05/2013 17:33 AST
Stock Market: Saudi Stock Exchange
Official Sector: Insurance
Market Cap Size: Micro Cap
Gulfbase Sector: Insurance

Company Overview

Establishment Date: 28/10/2008
Paidup capital: SAR 130,000,000
Par value per share: SAR 10.00
Outstanding Shares ('000): 13,000
Major Shareholders
  • Gulf Insurance Co. 22.50%
  • Yousuf M. A. Naghi Co. 5.00%
  • Gulf Medical Co. Ltd. 5.00%
  • Al Batterjee Industrial Group Co. Ltd. 5.00%

Activity:


Buruj Cooperative Insurance Co. (BURUJ) will apply for a license to practice the following insurance activities: property insurance, marine insurance, vehicle insurance, medical insurance, accidents insurance, and engineering insurance. The company also intends to take over the insurance portfolio of Pearl Co. (Bahraini Joint Stock Company).

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