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AICC - Latest News

AICC IPO 272% oversubscribed, 3.5 mln shares sold

Argaam 05/05/2015

Saudi insurers trade at combined P/E of 105x: Argaam Research

Argaam - Exclusive 04/05/2015

Saudi insurance firms make SAR 33 mln profit in Q1: Argaam Research

Argaam - Exclusive 04/05/2015

AICC rights issue 82.7% subscribed at second stage

Argaam 29/04/2015

Arabia Insurance to wrap up second phase of rights issue

Argaam 28/04/2015

Arabia Insurance Cooperative to close second phase of rights issue

Argaam 27/04/2015

Arabia Insurance launches second stage of rights issue

Argaam 26/04/2015

Arabia Insurance to complete first stage of rights issue

Argaam 23/04/2015

Arabia Insurance says first round of rights issue to end April 23

Argaam 22/04/2015

Arabia Insurance launches SAR 200 mln rights issue

Argaam - Exclusive 14/04/2015

Arabia Insurance’s rights issue to begin April 14

Argaam 08/04/2015

Arabia Insurance approves capital raise

Argaam 08/04/2015

Arabia Insurance to increase capital 100% through rights issue

Argaam 22/03/2015

Arabia Insurance losses remain 68% of capital after February

Argaam 12/03/2015

Saudi regulator OKs capital raise requests for Walaa Insurance, Arabian Cooperative

Argaam 02/03/2015

Saudi market regulator says three insurers set to request capital hikes

Argaam 19/02/2015

Arabia Insurance accumulated losses reach 68% of capital

Argaam 12/02/2015

AICC requests SAR 200 mn capital raise through a rights issue

Argaam 21/12/2014

Arabia Insurance’s accumulated losses down to 73.9% after November’s net profit

Argaam 14/12/2014

Tadawul: a summary of companies with accumulated losses exceeding 50% of their capitals by the end of October

Argaam 24/11/2014

Arabia Insurance’s accumulated losses down to 74% after October’s net profit

Argaam 13/11/2014

AICC gets regulatory approval of SAR 200 mln capital increase

Argaam 22/09/2014

Arabia Insurance’s BOD recommends SAR 200million capital raise through a rights issue

Argaam 28/08/2014

Arabia Insurance’s BOD recommends SAR 150 million capital raise through a rights issue

Argaam 08/06/2014

Arabia Insurance’s capital increase request rejected

Argaam 24/04/2014

Arabia insurance pays SAR 201m to Zahid Tractor as compensation for the gas tanker explosion in Riyadh

Argaam 02/04/2014

SAMA Extends AICC Temporary Approval for 16 Insurance Products

Argaam 10/02/2014

AICC boosts technical reserve for 2013

Argaam 16/01/2014

AICC obtains SAMA’s temporary approval for 16 insurance products

Argaam 16/09/2013

AM Best downgrades ratings of AICC

Tadawul 04/08/2013

AICC renews its agreement with Saudi Oger for SAR 90m

Argaam 24/07/2013

AM Best assigns ratings to AICC

Argaam 31/03/2013

AICC obtains SAMA’s final approval for 2 insurance products

Argaam 31/03/2013

AICC obtains SAMA’s final approval for 2 insurance products

Argaam 02/02/2013

AICC obtains SAMA’s final approval for an insurance product

Argaam 16/10/2012

AICC obtains SAMA’s final approval for an insurance product

Argaam 10/10/2012

AICC signs an agency contract with Mayazeen agency

Argaam 12/09/2012

AM Best assigns ratings to AICC

Argaam 11/04/2012

AICC obtains SAMA’s final approval for insurance products

Argaam 07/03/2012

AICC obtains SAMA’s final approval for an insurance product

Argaam 30/01/2012