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Amana Cooperative Insurance Co JSC (Saudi Arabia)

Main Activities: Direct Life, Health, and Medical Insurance Carriers | Direct Insurance (except Life, Health, and Medical) Carriers
Full name: Amana Cooperative Insurance Co JSC Profile Updated: August 02, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Amana Cooperative Insurance (AMANA) is a leading Saudi joint-stock company established by three founding shareholders: EL Seif Commercial Investment Company, FAL Holding and Libano-Suisse Insurance Company, in addition to a host of prominent corporate and individual investors.
Amana Cooperative Insurance Company is a Saudi public company is established by Council of Ministers Authorization No. 188 dated 8/6/1430H , Royal Decree No. M/35 dated 10/6/1430, and the Minister of Commerce decision no 180/dated 03/06/1431.


Headquarters
Platinum Center 2Nd Floor, Salah Aldeen Al Ayoubi (Sitteen Street), P.O. Box 27986
Riyadh; Al-Riyadh; Postal Code: 11427

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Website: http://www.amana-coop.com.sa

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
2010
Key Executives
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Chairperson
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Vice Chairperson
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Director / Member of the Management Board
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Director / Member of the Management Board
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Chief Executive Officer
Ownership Details
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10.177%
Company Performance
Financial values in the chart are available after Amana Cooperative Insurance Co JSC report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency SAR. Absolute financial data is included in the purchased report.
Net insurance premium revenue
231.43%
Operating profit (EBIT)
-48.21%
Net Profit (Loss) for the Period
-41.44%
Total assets
5.82%
Investments
7.17%
Total equity
8.45%
Net Premiums Earned Trend
N/A
Net Profit Trend
120.13%
Return on Equity (ROE)
-3.34%
Underwriting Expenses Ratio
-20.2%

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