The Company for Cooperative Insurance (8010)

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News

30 October 04:32 PM Tawuniya records higher net profits in 9M-25; revenues hit SAR 15.7bn

Riyadh - Mubasher: The Company for Cooperative Insurance (Tawuniya) achieved net profits after Zakat attributable to shareholders valued at SAR 902.36 million in the first nine months (9M) of 2025. The figure marks an annual rise of 5.65% from SAR …

Financial Results

24 August 07:23 AM Alkhaleej Training pens SAR 36m insurance agreement with Tawuniya

Riyadh – Mubasher: Alkhaleej Training and Education Company and Company for Cooperative Insurance (Tawuniya) inked a contract to provide medical insurance services to its employees and their families. The two entities signed the agreement, on 21 …

Banking and Finance

6 August 04:57 PM Tawuniya’s net profits rise 11% in H1-25

Riyadh - Mubasher: The Company for Cooperative Insurance (Tawuniya) registered 11.05% higher net profits after Zakat attributable to shareholders at SAR 729.10 million during the first half (H1) of 2025, compared to SAR 656.50 million in H1-24. …

Banking and Finance

1 May 11:07 AM Tawuniya sees 33% higher profits in Q1-25; revenues hit SAR 5.1bn

Riyadh – Mubasher: The Company for Cooperative Insurance (Tawuniya) logged net profits after Zakat attributable to the owners valued at SAR 261.69 million in the first quarter (Q1) of 2025. The recorded net profits were higher by 33.04% than SAR …

Financial Results

7 April 09:32 AM Tawuniya’s board recommends SAR 225m dividends for 2024

Riyadh – Mubasher: The Company for Cooperative Insurance (Tawuniya) announced the board’s recommendation to pay out cash dividends valued at SAR 225 million for 2024. The insurance firm will disburse a dividend of SAR 1.50 per share for 150 …

Board of Directors

2 March 10:54 AM Tawuniya’s profits leap to SAR 1bn in 2024

Riyadh – Mubasher: The Company for Cooperative Insurance (Tawuniya) posted 65.80% year-on-year (YoY) higher net profits after Zakat attributable to the shareholders at SAR 1.02 billion in 2024, versus SAR 616.42 million. Earnings per share (EPS) …

Banking and Finance

11 February 05:28 PM Tawuniya selects Egyptian startup MoneyHash for strategic partnership at LEAP 2025

Riyadh – Mubasher: The Company for Cooperative Insurance (Tawuniya) has entered into a strategic partnership with Egyptian fintech MoneyHash at the LEAP 2025 in the capital of Saudi Arabia. The collaboration aims to optimise Tawuniya’s payment …

Event

4 September 2024 03:28 PM Hakbah, Tawuniya forge new partnership at 24 Fintech

Riyadh – Mubasher: Saudi fintech savings platform Hakbah entered into a new partnership with The Company for Cooperative Insurance (Tawuniya) at the 24 Fintech Conference that kicked off in Riyadh on 3 September. This alliance will reshape the …

Companies Investments

2 September 2024 05:32 PM Checkout.com to enter into strategic partnership with Tawuniya at 24 Fintech

Riyadh – Mubasher: Global payments solution provider Checkout.com unveiled it will be signing strategic partnership agreements with The Company for Cooperative Insurance (Tawuniya) during the 24 Fintech 2024 event which will launch in Saudi Arabia …

Global Economy

28 August 2024 10:06 AM Alkhaleej Training, Tawuniya pen SAR 29m insurance deal

Riyadh – Mubasher: Alkhaleej Training and Education Company inked a SAR 29.19 million contract with the Company for Cooperative Insurance (Tawuniya) on 27 August 2024. Tawuniya will provide medical insurance services to Alkhaleej Training’s …

Banking and Finance

5 August 2024 00:28 PM Tawuniya registers SAR 656.5m profits in H1-24

Riyadh – Mubasher: The Company for Cooperative Insurance (Tawuniya) generated net profits after Zakat attributable to the shareholders valued at SAR 656.50 million in the first half (H1) of 2024. The recorded net profits were 104.95% year-on-year …

Banking and Finance

27 June 2024 04:55 PM Elm Company awards Tawuniya SAR 76m health insurance agreement

Riyadh – Mubasher: Elm Company has awarded a SAR 75.90 million health insurance contract for its employees to The Company for Cooperative Insurance. The agreement’s term amount for one year starting from 30 June 2024, according to a bourse filing. …

Banking and Finance

2 May 2024 11:21 AM Tawuniya logs 164% YoY higher net profit in Q1-24

Riyadh – Mubasher: The Company for Cooperative Insurance (Tawuniya) recorded a 164.12% year-on-year (YoY) jump in net profit after Zakat attributable to shareholders to SAR 196.69 million in the first quarter (Q1) of 2024, versus SAR 74.46 …

Financial Results

14 April 2024 06:43 PM Tawuniya’s board recommends SAR 150m dividends for 2023

Riyadh – Mubasher: The Company for Cooperative Insurance’s (Tawuniya) board members suggested, in their 8 April 2024 meeting, a cash dividend payout worth SAR 1 per share for 2023. Subject to all relevant approvals, the 2023 cash dividends would …

Cash Dividends

11 March 2024 03:02 PM Ejaro, Tawuniya join forces to reshape Saudi car rental market

Riyadh – Mubasher: Ejaro partnered with The Company for Cooperative Insurance (Tawuniya) to boost the car rental market in line with Saudi Arabia's Vision 2030, according to a press release. Tawuniya led the Saudi peer-to-peer (P2P) car rental …

Companies Investments

7 March 2024 01:07 PM Tawuniya’s net profit jumps 104% YoY in 2023

Riyadh – Mubasher: The Company for Cooperative Insurance (Tawuniya) logged a 103.98% year-on-year (YoY) surge in net profit after Zakat attributable to shareholders to SAR 616.42 million in 2023 from SAR 302.19 million. Insurance revenues jumped …

Banking and Finance

5 November 2023 05:14 PM Tawuniya’s profits surge 344% in 9M-23 results

Riyadh – Mubasher: The Company for Cooperative Insurance (Tawuniya) logged net profits before Zakat worth SAR 607.09 million in the first nine months (9M) of 2023, an annual leap of 344.09% from SAR 136.70 million. Earnings per share (EPS) hit SAR …

Financial Results

30 August 2023 11:01 AM Tawuniya’s shareholders nod to SAR 250m capital raise

Riyadh – Mubasher: The shareholders of the Company for Cooperative Insurance (Tawuniya) approved the board’s recommendation to increase its capital to SAR 1.50 billion from SAR 1.25 billion. Tawuniya will raise the capital by granting bonus shares …

Board of Directors

10 August 2023 03:00 PM Tawuniya registers over SAR 377m profits in H1-23

Riyadh – Mubasher: The Company for Cooperative Insurance (Tawuniya) posted a 292.02% leap in net profit before Zakat to SAR 377.21 million during the first half (H1) of 2023, versus SAR 96.22 million in H1-22. Earnings per share (EPS) stood at SAR …

Financial Results

22 June 2023 09:30 AM Tawuniya wins SAR 72m insurance deal from Elm

Riyadh – Mubasher: The Company for Cooperative Insurance (Tawuniya) was awarded a SAR 71.75 million contract from Elm Company on 20 June, according to a recent bourse filing. Under the agreement, Tawuniya will provide Elm’s employees as well as …

Companies Investments

18 June 2023 09:46 AM Tawuniya’s Q1-23 net profits leap 1,201%

Riyadh – Mubasher: The Company for Cooperative Insurance (Tawuniya) registered net profits before Zakat amounting to SAR 101.34 million in the first quarter (Q1) of 2023. The recorded net profits hiked by 1,201% from SAR 7.78 million in Q1-22, …

Financial Results

8 May 2023 00:23 PM Tawuniya’s board suggests cash dividends, 20% capital hike

Riyadh – Mubasher: The Company for Cooperative Insurance (Tawuniya) announced the board’s proposal to disburse cash dividends amounting to SAR 125 million for 2022, according to a bourse filing. Tawuniya would pay out a dividend worth SAR 1 per …

Management Decisions

4 April 2023 00:13 PM Tawuniya’s CEO resigns; Alkassabi succeeds

Riyadh – Mubasher: Abdulaziz Hassan Al Boug resigned from his post as the CEO of the Company for Cooperative Insurance (Tawuniya) after he was appointed as the Governor of the General Organization for Social Insurance (GOSI). Al Boug’s resignation …

Management Decisions

9 March 2023 09:55 AM Tawuniya posts 37% higher profits in 2022

Riyadh – Mubasher: The Company for Cooperative Insurance (Tawuniya) generated net profits before Zakat worth SAR 480.38 million in 2022, up 37.20% year-on-year (YoY) from SAR 350.13 million. Earnings per share (EPS) stood at SAR 3.13 last year, …

Financial Results

1 November 2022 02:29 PM Tawuniya’s profits exceed SAR 390m in 9M-22 initial financials

Riyadh – Mubasher: The Company for Cooperative Insurance (Tawuniya) witnessed a 15.91% growth in net profit before Zakat to SAR 390.23 million during the first nine months (9M) of 2022, versus SAR 336.65 million in 9M-21. The earnings per share …

Financial Results