Arabian Shield Cooperative Insurance Company

Arabian Shield Cooperative Insurance Company is an insurance companies within the Kingdom of Saudi Arabia.[1]

Arabian Shield Cooperative Insurance

الدرع العربي للتأمين التعاوني
TypePrivate
ISINSA000A0MLUH9 
IndustryInsurance
Founded19 June 2007 
Founder2007
Headquarters,
Key people
Sultan Al Kabeer (Chairman)
Basem Odeh (CEO)
Revenue463,627,000 Saudi riyal (2019) 
Total assets1,137,426,000 Saudi riyal (2019) 

History

The company was established on May 19, 2007.[2] It is located in Riyadh.[3] It operates as a Saudi public joint stock company and is licensed by Saudi Arabian Monetary Agency (SAMA)."[1]

Summary

Arabian Shield Cooperative Insurance Company sells insurance products including motor, marine, property and medical insurance. In addition, the company also provides claim settlement services to its policyholders. Its customer base includes the private individuals and also the corporate clients.[1]

2012

Arabian Shield Cooperative Insurance Company was among the major gainers in Saudi markets gaining more than 35% during the first month of the year.[4]

References

  1. "Arabian Shield Cooperative Insurance Company: Company Profile and SWOT Analysis". Market Publishers. March 7, 2012. Retrieved 20 June 2012.
  2. "Arabian Shield Cooperative Insurance Company". Arabian Business. October 12, 2011. Retrieved 20 June 2012.
  3. "Arabian Shield Cooperative Insurance Company". Zawya. April 30, 2012. Retrieved 20 June 2012.
  4. "GCC markets starts 2012 showing mixed trends". MSNBC. February 2012. Archived from the original on 2012-07-01. Retrieved 20 June 2012.
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