Salama Cooperative Insurance Company (TADAWUL:8050)
Saudi Arabia flag Saudi Arabia · Delayed Price · Currency is SAR
15.94
+0.26 (1.66%)
Mar 27, 2025, 3:12 PM AST

Salama Cooperative Insurance Company Company Description

Salama Cooperative Insurance Company provides insurance products and services in the Kingdom of Saudi Arabia, the United Arab Emirates, Bahrain, Alegria, Senegal, Malaysia, and Egypt.

It operates through Medical, Motor, and Others segments. The company offers motor insurance products, including comprehensive, third party, and corporate insurance products that cover accidents, fire, towing, malicious, and theft, as well as estimation and medical expenses; medical insurance, such as Sme Raha and corporate insurance products that cover care type, medicines, chronic diseases, vaccinations, maternity and neonatal, physiotherapy, ophthalmology, dental care, oncology, and CCHI expenses.

It also provides travel insurance comprising personal accident, medical expenses, repatriation of mortal, lost baggage, passport loss, cash loss, personal liability, and accidental death insurance; and malpractice insurance for specialties, flexible, and medical facilities coverage.

In addition, the company offers general insurance coverage products, such as engineering, liability, marine, property, and general accident insurance.

The company was formerly known as Saudi IAIC Cooperative Insurance Company and changed its name to Salama Cooperative Insurance Company in 2012.

Salama Cooperative Insurance Company was founded in 1979 and is based in Jeddah, the Kingdom of Saudi Arabia.

Salama Cooperative Insurance Company
Country Saudi Arabia
Founded 1979
Industry Insurance - Property & Casualty
Sector Financials
CEO Bader Khalid Alanzi

Contact Details

Address:
Salama Tower
Jeddah, 21491
Saudi Arabia
Phone 966 92 002 3355
Website salama.com.sa

Stock Details

Ticker Symbol 8050
Exchange Saudi Stock Exchange
Fiscal Year January - December
Reporting Currency SAR
ISIN Number SA000A0MLUE6
SIC Code 6300

Key Executives

Name Position
Bader Khalid Alanzi Chief Executive Officer