8280 – Al Alamiya for Cooperative Insurance Company SJSC


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1 = STRONG BUY | 2 = BUY | 3 = HOLD | 4 = UNDERPERFORM | 5 = SELL

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Company Profile

Al Alamiya for Cooperative Insurance Co SJSC is a Saudi Arabia-based joint stock company engaged in the provision of cooperative insurance and reinsurance products and services. The Company operates through three business segments: the Personal Insurance segment, which includes home, motor, personal accident, travel, and yacht and pleasure craft; the Commercial Insurance segment, which includes material damage and business interruption insurance, workmen’s compensation, public and product liability, marine, medical, employee dishonesty and money insurance, and the Risk Management and Claims segment. As of July 5, 2012, the Company’s major shareholders included Royal & SunAlliance Insurance (Middle East) Limited EC and Riyad Bank, among others.

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