Salama Cooperative Insurance Company (TADAWUL:8050)
Saudi Arabia flag Saudi Arabia · Delayed Price · Currency is SAR
12.40
+0.02 (0.16%)
Aug 13, 2025, 3:19 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
CountrySaudi Arabia
Founded1979
IndustryInsurance - Property & Casualty
SectorFinancials
CEOBader Khalid Alanzi

Contact Details

Address:
Salama Tower
Jeddah, 21491
Saudi Arabia
Phone966 92 002 3355
Websitesalama.com.sa

Stock Details

Ticker Symbol8050
ExchangeSaudi Stock Exchange
Fiscal YearJanuary - December
Reporting CurrencySAR
ISIN NumberSA000A0MLUE6
SIC Code6300

Key Executives

NamePosition
Bader Khalid AlanziChief Executive Officer
Ammar Ahmad GhurabChief Operating Officer