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Saturday, Nov 21, 2009 Arabic
AICC - Arabia Insurance Cooperative Co.   Discuss
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Arabia Insurance Cooperative Co. (AICC) 
Stock Market Saudi Stock Exchange
Official Sector Insurance (25)
Market Cap Size Micro-Cap (54)
GulfBase Sector Insurance (77)
 

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Overview
Establishment Date: 03/04/2007
Paid-Up Capital (SAR): 200,000,000
Par Value Per Share (SAR): 10.00
No. of Employees: 92
Major Shareholders
Arabian Holding Co. 19.20%
Jordan Insurance Co. 12.20%
Arab Supply & Trading Co. 5.00%
Activity
Arabia Insurance Cooperative Co. (AICC) is engaged in providing cooperative insurance activities including vehicle insurance, general accident insurance, health insurance, property insurance in addition to reinsurance and other related insurance activities.

Corporate Announcements Company News
Net loss announced for the 9 months ending on 30/9/2009, SAR 8.73 million. 18/10/2009
Net loss announced for the 1st Half of the year 2009, SAR 5.79 million. 21/07/2009
Net profit announced for the 1st Quarter of the year 2009, SR 2.86 million.21/04/2009
Net loss announced for the Year 2008, SR 26.7 million.25/02/2009
Arabia Insurance Makes Strong Debut on Tadawul  (Arab Times - 05/02/2008)
ACIC to Float 40% of Shares  (Arab News - 23/10/2007)

Key People Contacts
Chairman: Dr. Saleh A. Al Omeir
General Manager: Mohammad S. S. Khabbaz
Board Members: Dr. Hisham S. Bissat
Faisal M. Al Nowaiser
Khaldoon A. Abu Hassan
Khaled S. Al Degaither
Muhammad A. Al Hamrani
Muhammad A. M. Arrar
Muhammad N. Al Otaibi
Tareq M. Al Mutlaq
Fadi G. Shammas
Yousuf T. Y. Al Zahid
Auditors: Deloitte & Touche Bakr Abulkhair & Co.
Al Bassam Certified Accountants
E-mail Address: ho@arabia-int.com
Postal Address: P.O. Box 286555 Riyadh 11323
Phone: +9661 2153360
Fax: +9661 2153197
 
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