Arabia Insurance Cooperative Company is a Saudi joint-stock company listed on the Saudi Stock Exchange 'Saudi Tadawul' under the trading name (AICC). Established in 2007, it is part of the larger Arabia Insurance Company, which operates in eight countries across the Middle East. Headquartered in the capital, Riyadh, the company offers a wide range of insurance products.
Arabia Insurance Cooperative Company was listed on 'Saudi Tadawul' on February 4, 2008, under the symbol (8160). Its shares are traded in the main market within the insurance sector, with International Securities Identification Number (ISIN) (SA11T053VG15). The company's capital is SAR530 million.
Establishment of the Arabia Insurance Cooperative Company
In addition to its presence in the Kingdom, Arabia Insurance Company has had a regional presence since its early days. The company established itself in Lebanon in 1948, in Kuwait in 1949, in Bahrain in 1954, in the UAE in 1962, in Jordan in 1975, in Syria in 2006, and in the Sultanate of Oman in 2017.
Products of the Arabia Insurance Cooperative Company
Arabia Insurance Cooperative Company offers a variety of insurance services for individuals and enterprises of different types, including small and medium-sized businesses. The company provides corporate services related to risk management. Arabia Insurance Cooperative Company offers a range of services including health insurance, vehicle insurance, property and casualty insurance, and protection and savings insurance. The company also takes on social responsibility by educating and raising awareness to prevent or reduce risks, rather than merely providing insurance against these risks. It conducts awareness campaigns aimed at risk reduction and avoidance.
Related quizzes
