- WALAA

Saudi Stock Exchange (Kingdom of Saudi Arabia)
28.2 Last Update 24/06/2018 11:13 KSA
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  • :28.6
  • :27.8
  • ('000):40,000
  • (SAR '000):1,128,000
  • :1.17


  • 66,290
  • :377,343
  • :0.18
  • 52-W L52-W H
    28.2
    26.339.3
  • 29.26%
  • 5.70%


  • 99

  • (SAR):

    1,869,378
  • (SAR):11,915,147
  • :0.16
  • Performance Comparison

Activities

Initially known as 'Saudi United Cooperative Insurance Company (Walaa), the company has recently changed its name to 'Walaa Cooperative Insurance Company', in May 2017. Walaa Insurance Company is a Saudi joint stock company, established in 2007, and engaged in underwriting various types of insurance businesses, based on the principles of cooperative insurance, under the supervision of Saudi Arabian Monetary Agency (SAMA). The Islamic Sharia Board at Walaa is overseen by the Aldar Audit House, which is the consultant forensic for Walaa. Aldar keeps a check on the insurance products and practices of the company, and is itself an associate member of the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) and a member of an observer in the General Council for Islamic Banks and Financial Institutions. Walaa offers corporate insurance and individual insurance products, through 5 of its business units. These units include medical insurance, motor insurance, property insurance, engineering insurance and other insurances. Walaa offers various property insurance products, including fire and allied perils, property all risk, consequential loss, and home insurance policies. Its engineering insurance products include contractors all risk/erection, contractors plant and machinery, machinery breakdown, deterioration of stock following MBD, electronic equipment, industrial all risk, and machinery all risks insurance policies. Motor insurance unit handles products like private car comprehensive, commercial vehicle comprehensive, and motor third party liability insurance policies. Walaa avails reinsurance by strong International securities, which adds to its strength and credibility. Walaa's head office is located in Al-Khobar, and it has regional offices in Jeddah and Riyadh. It has 70 agency offices spread across the kingdom.

  • Chairman:
    Sulaiman A. Al Qadi
  • Vice-chairman:
    Abdullah M. Al Othman
  • CEO:
    Johnson Varughese
  • Board Members:

    Abdulaziz S. Al Rabdi

    Khaled A. Al Rajhi

    Waleed S. Al Shuaibi

    Wasef S. Al Jabshah

    Hassan M. E. Kabbani

    Sulaiman A. Al Tuwaijri

    Walid M. A. Al Jaaferi

  • Auditors:

    Deloitte & Touche Bakr Abulkhair & Co.

    PricewaterhouseCoopers

CMA approves the capital increase request for Walaa Insurance through the issuance of bonus shares (Tadawul - 18/04/2018)

The CMA has issued its resolution approving Walaa Cooperative Insurance Company's request to increase ...

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WALAA announces license renewal from SAMA (Tadawul - 25/09/2017)

United Cooperative Assurance Company announces obtaining of Saudi Arabian Monetary Authority License ...

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S&P Global affirms the financial strength rating of gcAA+ for WALAA (Tadawul - 27/07/2017)

Walaa Cooperative Insurance Company is pleased to announce that on 25/07/2017 the Company has secured ...

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Announced On Period As Of Net Profit (SAR Mil) Growth (%)
10/05/2018 3-Month 31/03/2018 39 20.18
12/02/2018 12-Month 31/12/2017 144 22.96
30/10/2017 9-Month 30/09/2017 112 23.31
03/08/2017 6-Month 30/06/2017 68 32.97
08/05/2017 3-Month 31/03/2017 32 57.92
Market Cap
US$ Mil
Last Price
Local Cry
Price Change (%)
1 Day
Price Change (%)
1 Year
P/E TTM P/B MRQ Dividend Yield (%) Beta ROA (%) ROE (%)
QATI 3,037.1 35.72 2.05 -39.02 32.23 1.02 3.01 1.07 1.2 5.21
TAWUNIYA 2,368.52 70.9 -1.53 -21.31 -33.55 2.96 5.63 1.15 5.66 23.76
BUPA 1,925.2 90.3 0.44 -24.02 15.26 3.22 1.66 1.01 7.41 26.44
QGRI 1,190.53 50 0 42.65 13.7 0.65 4.68 0.43 0.68 1.06
AWNIC 718.4 12.75 0 0 31.04 3.16 0 0.05 4.05 6.88
ARCCI 617.21 58.7 5.76 10.98 12.18 4.17 0 1.14 4.63 29.95
ADNIC 392.99 3.85 0 30.51 5.81 0.75 0 0.2 3.55 12.47
GINS 386.49 640 0 28 10.64 1.42 4.2 0.05 1.74 11.49
ALALAMIYA 341.65 32.15 2.71 27.18 33.31 3.6 0 1.2 4.74 10.5
WALAA 298.48 27.8 0 5.26 7.56 2.05 0 1.17 7.93 25.35
EIC 289.89 7.1 0 18.73 8.48 0.91 8.33 0.02 4.16 9.85
AXA 258.8 21.62 1.21 -0.6 15.63 1.83 0 1.21 2.46 9.86
AINS 258.09 389 -2.75 -16.67 9.15 0.72 6.62 0.08 3.79 9.34
OIC 226.3 1.8 0 -9.55 7.34 0.42 5.88 0.07 1.06 4.17
MEDGULF 223.01 20.72 0.48 -49.68 0 1.77 0 1.19 -10.34 -92.54
BURUJ 211.87 31.4 -0.32 17.67 8.58 2.08 0 1.17 10.12 31.24
JAZIRATKFL 208.75 22.4 0.9 -16.54 25.16 2.04 3.13 1.2 5.1 7.97
QISI 205.71 50.8 0.79 -13.1 12.13 2.21 7.14 0.56 7.35 18.57
MALATH 203.07 15.1 0.26 34.04 -77.2 6.96 0 1.21 -0.49 -5.25
SABBTKFL 201.15 22.16 0.27 -8.26 -107.82 2.08 0 1.23 0.95 2.33
SAUDIRE 191.26 8.86 -1.78 14.51 18.4 1.09 0 1.07 2.32 7.74
SAGRINSURANCE 185.22 28.2 1.25 0 27.76 1.48 7.19 1.19 1.22 2.93
ORIENT 180.39 132.54 0 0 1.85 0.27 15.09 0 5.28 14.46
KINS 168.74 280 1.81 4.96 6 0.72 9.01 0.08 4.28 10.42
TRADEUNION 168.56 23.04 0.52 38.66 7.52 1.82 0 1.19 3.9 17.26
DOHI 163.8 12.04 0 -16.97 14.1 0.59 6.19 0.22 4.18 7.55
ALINMATOKIO 163.42 20.56 1.48 -12.71 -67.21 2.2 0 1.03 -0.99 -2.56
ALAIN 155.15 38 0 -19.15 12.9 0.49 3.33 -0.04 0.89 4.23
ALLIANZSF 146.04 27.3 1.48 -25.83 15.32 2.25 0 1.21 1.46 12.2
AICC 144.07 20.28 -0.4 40.41 37.3 2.13 0 1.15 2.15 6.89
SALAMA.DFM 139.98 0.43 1.17 -2.3 13.2 0.71 0 1.17 1.35 6.71
SALAMA 137.11 20.5 2.7 18.18 9.47 2.13 0 1.15 6.59 24.57
WATANIYA 136.45 25.8 2.58 0.4 11.21 2.4 0 1.12 5.82 24.29
ABNIC 136.1 2 0 -9.09 10.66 0.77 0 -0.07 2.19 6.02
ASHIELD 134.85 25.35 1.8 -47.44 5.03 1.37 0 1.09 8.66 27.25
UCA 133.46 12.68 4.27 -10.06 -95.94 1.38 0 1.03 4.36 15.87
SOLIDARITY 131.92 20.02 1.62 27.26 19.99 1.75 0 1.15 10.54 21.16
BNH 131.63 0.44 0 2.33 68.75 1.03 3.88 0 4.3 7.72
UNION 128.82 1.43 0 -23.12 23.79 1.55 0 0.01 0.48 2.86
ATC 125.92 28.25 -0.36 -9.19 12.76 2.04 2.65 1.18 3.3 16.54
BKIC 124.38 0.33 0 22.22 15.07 0.69 6.12 -0.05 1.42 7.42
ASNIC 123.96 1.98 0 -56.48 18.3 1.01 0 0.03 0.54 1.41
CHUBB 120.46 22.54 2.17 0.39 11.54 1.82 0 1.18 5.57 13.53
TKFL 119.77 4.4 0 -14.4 7.09 1.46 4 -0.14 5.39 16.79
SAICO 118.33 14.84 2.34 -22.67 10.43 1.12 0 1.11 3.42 14.39
SICO 117.9 2.84 -9.85 -18.18 20.66 1.98 0 0 10.26 17.29
ASCANA 111.08 2.65 0 14.72 26.85 1.36 3.03 -0.11 4.03 8.06
ANBINSURANCE 110.62 23.04 0.69 -39.09 -6.24 3.75 0 0.84 -3.41 -12.61
RAKNIC 110.19 3.68 0 -10.24 11.98 1.69 0 -0.01 4.14 13.97
DNIR 110.04 3.5 0 34.1 7.46 0.81 6.54 0.03 5.66 10.02
UICO 108.88 4 0 0 -45.71 4.25 0 0 0.3 0.92
ACIG 104.89 19.7 1.33 67.3 25.18 2.88 0 1.19 2.02 7.98
DHAFRA 104.8 3.85 0 0.26 6.54 1.15 0 -0.07 3.14 10.13
ALLIANCE 104.39 383.5 0 0 7.8 0.84 6.52 0 3.59 10.4
KUWAITRE 102.48 192 0 5.8 9.62 0.68 5.21 -0.01 3.72 9.79
DIN 97.99 3.6 0 8.11 10.29 0.78 0 -0.06 2.56 6.85
AINS.MSM 94.89 0.37 0 0 9.73 0 0 -0.16 0 0
ARIG 91.3 0.42 0 -11.7 12.61 0.35 10.1 0.06 0.86 3.8
GULFGENERAL 86.77 16.24 0.86 13.46 16.33 1.57 0 1.31 4.81 12.27
NGI 85.72 2.1 0 -7.89 8.5 0.69 5.94 0 2.65 7.28
DICS 85.04 0.16 0 -18 26.03 2 2.08 0.03 -1.1 -7.19
OUIS 82.96 0.32 1.25 -6.43 10.53 1.15 3.59 1.58 2.72 10.66
AFNIC 81.66 300 0 0 8.67 1.41 0 0 5.59 12.64
AKHI 76.41 11.1 0.9 -35.33 42.21 0.56 4.72 0.45 1.13 2.27
TAKAFULEM 72.27 1.83 3.38 -22.71 13.17 1.62 0 0.42 0.52 3.98
GUCIC 62.36 15.6 0.77 -9.47 8.98 1.49 0 1.15 4.41 16.62
AMANAINSURANCE 59.47 15.94 9.93 -14.15 -140.94 1.74 0 1.18 2.44 8.65
AFIC 50.89 0.19 0 0 0 0 0 0 0 0
ENAYA 47.97 17.76 1.48 19.05 -1.62 2.24 0 1.22 -3.77 -8.59
AMAT 47.64 0.11 0 -8.7 45.65 0.75 0 1.05 1.24 9.37
AL-AHLIA 45.54 10.6 1.92 0.19 10.08 1.55 0 1.14 1.88 7.92
AMAN 42.09 0.68 -0.73 -23.03 15.53 2 0 0.69 -1.23 -19.5
VISN 38.89 0.15 0 0 7.69 0 0 0.41 0 0
SOLID 38.49 0.24 0 -7.81 31.05 1.11 0 0.07 -2.03 -5
WINS 34.68 61 0 -36.46 -15.26 0.26 16.34 0.31 -4.25 -8.4
WAFAINSURANCE 34.49 12.8 4.74 -41.11 -1.9 1.32 0 1.14 1.81 11.17
TAOI 33.7 0.13 0 -24.42 0 0.85 0 0.24 8.15 13.81
METHAQ 33.48 0.78 -4.88 -6.82 -256.25 1.61 0 0.98 3.1 20.9
OQIC 29.81 0.12 0 0 8.33 0 0 -0.08 0 0
WATANIA 29.81 0.73 0 14.06 9.83 1.31 0 0.08 1.85 8.91
GCIC 29.4 0.54 0 -28 -5.88 0.44 0 0.17 -10.95 -17.63
AKIC 28.58 0.25 0 -44.44 -0.77 0.7 0 0 -19.63 -93.13
IH 27.76 0.85 0 2.41 10.12 1.17 0 -0.01 1.61 4.72
DARTAKAFUL 26.7 0.67 3.05 -39.44 9 0.58 0 0.64 1.85 9.66
MCTI 21.78 0.8 0 -1.88 7.95 0.48 0 0.04 2.57 8.13
FTI 14.4 41 0 -31.67 3.61 0.36 0 0.02 13.45 19.88
TAKAFUL 14 0.09 0 -15 56.67 0.82 0 0.11 0.52 3.12
WETHAQ 9.41 27.9 7.3 -54.39 31.72 0.24 0 0.33 3.29 3.31
OUTFL 0 0 0 0 0 0 0 0 0 0
XYZ 0 0 0 0 0 0 0 0 0 0