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TAWUNIYA - The Company for Cooperative Insurance   Discuss Recommendations
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The Company for Cooperative Insurance (TAWUNIYA) 
Stock Market Saudi Stock Exchange
Official Sector Insurance (25)
Market Cap Size Small-Cap (40)
GulfBase Sector Insurance (77)
 

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Overview
Establishment Date: 09/01/1985
Paid-Up Capital (SAR): 500,000,000
Par Value Per Share (SAR): 10.00
No. of Employees: 740
Major Shareholders
Public Pension Agency 23.50%
General Organization for Social Insurance (GOSI) 22.80%
Activity
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.
Subsidiaries, Associates & Joint Ventures
Company
United Insurance Co.
Waseel Co.
Cooperative Real Estate Investment Co.
more details

Corporate Announcements Company News
Net profit announced for the 9 months ending on 30/9/2009, SAR 194.84 million, an increase of 91%. 19/10/2009
Net profit announced for the 1st Half of the year 2009, SAR 69 million, an increase of 1.32%. 20/07/2009
Net profit announced for the 1st Quarter of the year 2009, SR 26.00 million, an increase of 10%.20/04/2009
Cash dividend of SR 2 per share approved for the year 2008.11/03/2009
Cash dividend of SR 2 per share announced for the year 2008.07/02/2009
more...
Insurance sector ripe for consolidation: Tawuniya  (Reuters - 22/10/2009)
Insurance Firm Offers Coverage for Pilgrims  (Arab News - 18/02/2008)
NCCI Profit Falls  (Arab News - 14/01/2008)
Tawuniya Inks SR180bn Deals With 10 Firms   (Arab News - 17/12/2007)
NCCI lifts capital to KD9 mln   (KUNA - 04/12/2007)
more...

Key People Contacts
Chairman: Soliman S. Al Humayyed
CEO: Ali A. Al Subaihin
Board Members: Abdulaziz A. Al Mudaimigh
Abdullah M. Al Fayaz
Ali A. ALsubaihin
Mohammad A. Al Aqeel
Mohammad A. Al Kharashi
Saad A. Al Marzogi
Auditors: Bakr Abu Khair & Co. Deloitte & Touche
PricewaterhouseCoopers Al Juraid
E-mail Address: info@tawuniya.com.sa
Website: http://www.tawuniya.com.sa
Postal Address: P.O. Box 86959, Riyadh 11632
Street Address: Abraj Ata'awuneya 700 King Fahad Road
Phone: +966 1 218 0100
Fax: +966 1 218 0102
Telex: 406828
 
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