Al Rajhi Company for Cooperative Insurance (8230.SR) SAU

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Al Rajhi Company for Cooperative Insurance

Address

3485 Thomamah Road- (Takhassusi)

Riyadh, Riyadh Province 11517

Saudi Arabia

Phone

966 11 440 9666

Sector

Financial Services

Industry

Insurance - Diversified

Employees

115

First IPO Date

March 04, 2010

Key Executives

NameTitlePayYear Born
Saud Ghonem Bin Al GhonemChief Executive Officer0N/A
Ibrahim AlwazirChief Financial Officer0N/A
Khaled Mohammed Abdullah Al TurkiBoard Member0N/A
Miguel ColominasChief Underwriting Officer0N/A
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Description

Established in 2008 and headquartered in Riyadh, Saudi Arabia, Al Rajhi Company for Cooperative Insurance delivers a comprehensive suite of insurance products and services to individuals, small and medium-sized enterprises (SMEs), and corporate clients across the Kingdom. The company operates through four main segments: Medical, Motor, Property and Casualty, and Protection and Savings. Its diverse offerings include specialized policies such as engineering, motor, unified health, domestic helper, travel, medical malpractice, visitor visa, personal accident, and homeowners insurance. Within its general insurance portfolio, Al Rajhi provides coverage for property all risks, workers' injury compensation and employer's liability, fidelity guarantee, and public business liability. Additionally, it offers solutions for liability, contractors' risk, marine cargo, plant machinery, machinery breakdown, and erection all risk. For long-term financial planning, the company features protection and savings products, encompassing education, marriage, life, retirement, and investment insurance policies. Beyond direct insurance, Al Rajhi is also engaged in re-takaful/re-insurance and agency activities.

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