The Company for Cooperative Insurance (8010)

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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, …

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 …

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 …

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, …

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 …

Riyadh – Mubasher: The Company for Cooperative Insurance (Tawuniya) received on 20 September 2020 a firm order from Saudi Telecom Company (stc) to provide health insurance services for stc's employees and their families. The value of the one-year …

Riyadh – Mubasher: The Company for Cooperative Insurance (Tawuniya) registered net profits before Zakat of SAR 252.19 million during the first half (H1) of 2022, higher by 2.21% year-on-year (YoY) than SAR 246.74 million. The earnings per share …

Riyadh – Mubasher: The Company for Cooperative Insurance (Tawuniya) has achieved net profits before Zakat worth SAR 41.49 million during the first quarter (Q1) of 2022, down 48.65% from SAR 80.81 million in Q1-21. The earnings per share (EPS) fell …

Riyadh – Mubasher: The Company for Cooperative Insurance (Tawuniya) has recorded net profits before Zakat worth SAR 350.13 million last year, a decline of 31.94% from SAR 514.45 million in 2020. The earnings per share (EPS) decreased to SAR 2.13 …

Riyadh – Mubasher: The net profit before Zakat of The Company for Cooperative Insurance (Tawuniya) plunged year-on-year (YoY) by 20.9% to SAR 89.9 million in the third quarter (Q3) of 2021 from SAR 113.79 million. On a quarterly basis, the net …

Riyadh – Mubasher: The Company for Cooperative Insurance (Tawuniya) reported net profits before Zakat worth SAR 246.74 million in the first half (H1) of 2021, down 16.4% from SAR 295.16 million in H1-20. Earnings per share amounted to SAR 1.62 in …

Riyadh – Mubasher: The Company for Cooperative Insurance (Tawuniya) posted a 4.9% year-on-year (YoY) decline in consolidated net profits before Zakat to SAR 80.81 million during the first quarter (Q1) of 2021 from SAR 85.05 million. Tawuniya’s …

Riyadh – Mubasher: The Company for Cooperative Insurance (Tawuniya) received on 3 May the Saudi Capital Market’s (SAMA) final approval to provide Saudis travelling from the Kingdom with a product covering COVID-19 risks. The product will be sold …

Riyadh – Mubasher: The Company for Cooperative Insurance’s (Tawuniya) shareholders approved the board’s recommendation to distribute cash dividends worth SAR 100 million, accounting for 8% of the capital, for 2020. Tawuniya will pay SAR 0.8 per …

Riyadh – Mubasher: The insurance sector in Saudi Arabia registered a drop of 69.1% year-on-year (YoY) in net income at SAR 94.5 million during the fourth quarter of 2020 (Q4-20). Net income before Zakat totalled SAR 266.2 million in Q4-20, …

Riyadh – Mubasher: The board of The Company for Cooperative Insurance (Tawuniya) proposed a cash dividend distribution of SAR 0.8 per share for 2020. Tawuniya will pay a total of SAR 100 million, which represents 8% of the capital, according to a …

Riyadh - Mubasher: The net profits before Zakat of The Company for Cooperative Insurance (Tawuniya) jumped by 27.92% to SAR 514.459 million in 2020 from SAR 402.165 million in 2019. Higher net profits are mainly driven by a 30.97% rise in the net …

Riyadh - Mubasher: The Company for Cooperative Insurance (Tawuniya) has received an order from Saudi Arabian Airlines (SAUDIA) to renew its contract to provide health insurance services for SAUDIA employees and their families for one year starting …