Saudi United Cooperative Insurance Company

1 growth rate in local currency 2 ex saudi indian company for cooperative insurance 2017 premiums renewed in 2018 source.

Saudi united cooperative insurance company. Saudi joint stock co. Alinma bank posts decrease in net profit for quarter ending in june 2020. Walaa cooperative insurance co swings back into profit in second quarter as premiums and other underwriting income rise. Capital 400 million saudi riyal.

Attended various conference seminar and training workshops in ksa and abroad. During this time i have witnessed wala a portfolio grown by 3 times. Tawuniya cooperative insurance company. Saudi united cooperative insurance company one of the first insurance companies to be licensed by the saudi arabian monetary agency sama under the new regulations for the licensing governance for insurers operating within the kingdom of saudi arabia.

300470754600003 licensed supervised by saudi. The company for cooperative insurance tawuniya has signed an agreement which is the first of its kind in the saudi insurance market with vitality group the global leader in integrating wellness benefits with insurance products. Welcome to united cooperative assurance. Owned at 60 by local businessmen and with the remaining 40 being placed on the stock exchange the company chosen wala a as its trade name which means loyalty in arabic.

Authorized to practice insurance and reinsurance activities in ksa by commercial registration number 4030179955. Established on october 9th 2006 under the name of saudi united cooperative insurance company wala a is a relatively new company in the saudi market. Uca s head quarter is located in jeddah ksa. Part of discovery group vitality operates its shared value insurance model in 19 countries.

Underwriting property causality operations management business negotiation training. Share capital increase for the saudi insurance companies. Walaa cooperative insurance company a saudi joint stock company fully paid capital sar 646m cr no. Al khaleej takaful insurance company posts net profit increase to qar21 41 million us 5 84 million.

Walaa cooperative insurance company announces the publication of the shareholders circular. The mediterranean gulf insurance reinsurance company medgulf. In 2010 moved to ksa to work with saudi united cooperative insurance company wala a.