Walaa Cooperative Insurance Company (TADAWUL: 8060)
Saudi Arabia flag Saudi Arabia · Delayed Price · Currency is SAR
20.94
+0.12 (0.58%)
Oct 13, 2024, 11:25 AM AST

Walaa Cooperative Insurance Company Company Description

Walaa Cooperative Insurance Company provides cooperative insurance and reinsurance products and services in the Kingdom of Saudi Arabia.

The company offers various property insurance products, including property all risk, fire and specified perils property damage, home, and loss of profit/business interruption insurance; and engineering insurance products, such as erection and construction all-risk, and contractor’s plant and machinery/equipment insurance, as well as machinery breakdown insurance (MBD), loss of profit following MBD, and deterioration of stock following MBD.

It also provides motor insurance products, which include commercial and private motor comprehensive, and third party liability policies; marine insurance products, including marine cargo and hull insurance policies; medical insurance; and miscellaneous accidents insurance products, such as comprehensive general liability, professional indemnity, medical malpractice, directors and officers liability, security and private protection, fidelity guarantee, money, personal accident, workmen’s compensation and employers liability, travel, aviation hull, education, saving, critical illness, and other insurance products.

The company was formerly known as Saudi United Cooperative Insurance Company and changed its name to Walaa Cooperative Insurance Company in May 2017.

The company was incorporated in 2007 and is headquartered in Al Khobar, the Kingdom of Saudi Arabia.

Walaa Cooperative Insurance Company
Country Saudi Arabia
Founded 2007
Industry Insurance - Diversified
Sector Financials
CEO Johnson Chandebla Varughese

Contact Details

Address:
4513, Adh Dhahran Al Khubar Al Janubiyah
Al Khobar, 34621-8615
Saudi Arabia
Phone 0138299405
Website walaa.com

Stock Details

Ticker Symbol 8060
Exchange Saudi Stock Exchange
Fiscal Year January - December
Reporting Currency SAR
ISIN Number SA000A0MLUD8
SIC Code 6300

Key Executives

Name Position
Johnson Chandebla Varughese Chief Executive Officer
Mohannad Al-Desouki Chief Financial Officer
Turki Al-Buraik Chief Operating Officer