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Wataniya Insurance Company

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Wataniya Insurance Company
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Wataniya Insurance Company is a Saudi joint-stock company listed on the Saudi Stock Exchange (Saudi Tadawul). Headquartered in the capital, Riyadh, it began its operations in the Kingdom in 2010. The company leverages the expertise of the Saudi National Insurance Company, which has been registered in the Kingdom of Bahrain and has been operating in the insurance field in the Kingdom since 1975.

It was listed on (Saudi Tadawul) on June 6, 2010. Its shares are traded on the main market within the insurance sector under the symbol (8300) and the name (Wataniya), with International Securities Identification Number (ISIN) (SA12HG541M13). As of April 19, 2022, the company's capital is SAR400 million

Company history

Wataniya Insurance Company was established as a Saudi joint-stock company by a decision of the Council of Ministers in 2010. The company leverages its previous experience in the Saudi insurance market, gained through its founders: the Saudi National Insurance Company, the Swiss reinsurance company New Reinsurance Company Ltd, Saudi Hollandi Bank, and Ibrahim Al Juffali and Brothers. Wataniya Insurance provides a variety of insurance services to its clients, both individuals and companies, across the Kingdom's three major cities: Jeddah City, the capital, Riyadh, and al-Khubar City. The company's main activities include general insurance, as well as protection and savings insurance