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Saudi Indian Company for Cooperative Insurance

Last update: 11 November 2018 03:10 PM market time.
9.50
-0.58
-5.75%
Open 10.00
Previous Close 10.08
High 10.00
Low 9.30
Stock Statistics
Volume 915,571
Turnover 8,767,344.86
All data are 15 minutes late during market session

General Information

Company Name Saudi Indian Company for Cooperative Insurance
Company Purpose Saudi Indian Company for Cooperative Insurance (known as: Wafa Insurance) is a public company, listed on Saudi Stock Exchange “Tadawul” (TDWL) since August 2007. Wafa Insurance operates within the Insurance sector focusing on Multi-line Insurance. Wafa Insurance is based in Riyadh, Saudi Arabia and was established in August 2007.
Company Establish Date 07 August 2007
Financial Year Start First Quarter
Auditor
  • Suleiman Abdullah Al Kharashi Al Kharashi & Co. Certified Public Accountants and Auditors
  • Ibrahim Ahmed Al Bassam and Co Legal Accountants

Ownership

  • Life Insurance Corporation of India (5.1707%)
  • Life Insurance Corporation International BSCc (4.9756%)
  • New India Insurance Co Ltd (4.9756%)

Management

Majed Ahmed Ibrahim Alsuwaigh Chairman
Raad Nasser Saad Al Qahtani Deputy Chairman
Ayed Asseri Muqbil Al Anzi CEO
Rajesh Dionand Sharma Kandwal Board Members Represents Life Insurance Corporation of India
Abdullah Hamdan Abdullah Al Kanhal Board Members
Abdulwahhab Ahmed Abdulwahhab Abed Board Members
Hassan Mohamed Alamri Board Members

Subsidiaries

  • Najm for Insurance Services (3.85%)

Contacts

Address Saeed Bin Zaid St., Offices No. 1,2,7,12, Cordoba District, PO Box 341413, Riyadh 11333, Kingdom of Saudi Arabia
Phone +966 11 2163400
Fax +966 11 2163411
Website www.wafains.com
Contact Person Mohammed Al Harbi