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Business
The company provides insurance and reinsurance services.
Overview
The company was established in 2009 as a Saudi joint stock company in Riyadh, with capital of SAR 200 million. It provides integrated insurance services including property insurance, marine insurance, in addition to motor insurance, medical insurance, as well as general accident insurance and engineering insurance.
Basic Information
| City: | Riyadh |
| Country | Saudi Arabia |
| Ownership Type: | Joint Stock |
| Establishment Date: | 2009 |
| Commercial Register: | 1010287831 |
| Website: | www.alalamiya.sa |
| bader.alenazi@sa.rsagroup.com | |
| Phone | +966 11 4651520 |
| Fax | +966 11 4645457 |
| Address | Grand Tower - Al-Muhammadiyah District - King Fahd Road - Riyadh 11442 |
| PO Box | 6393 |
Argaam Classification
Industry Peers
| CHUBB Arabia Cooperative Insurance Co. |
| Alinma Tokio Marine Co. |
Financials Highlights (M )
Trading Data
| Stock Market : | TASI |
| Fiscal Year End : | December |
| Free Float (M) : | 15.99 |
| Free Float % : | 39.97 |
| Weight in Index % : | 0.01 |
| 3M Average Volume : | 193,273 |
| 3M Average Transactions : | 470 |
| Change(12M) % : | 10.18 |
Major Shareholders
| Name | Number of Shares (M) | Holding |
|---|---|---|
| Royal & Sun Alliance Insurance Company | 20.03 | 50.07 % |
| Riyadh Bank | 7.97 | 19.92 % |
Investments
| Company | Percentage |
|---|---|
| Najm | 3.45 % |
Milestones
08-12-2009
Floated on the Saudi stock market (Tadawul)
05-01-2009
Set up as a Saudi joint stock company
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