LIVA Insurance Co. News - Mubasher Info
Mubasher TV
Contact Us Advertising   العربية

LIVA Insurance Co. (8280)

Last update: 28 March 03:16 PM market time.
20.00
4.40
28.21%
Open 20.08
Previous Close 15.60
High 20.68
Low 19.74
Stock Statistics
Volume 251,053
Turnover 5,047,633.52
All data are 15 minutes late during market session

News

Photo Archive
7 November 2023 08:08 PM Al Alamiya turns to nearly SAR 10m net profits in 9M-23; accumulated losses unveiled
Riyadh – Mubasher: Al Alamiya for Cooperative Insurance Company recorded net profits before Zakat of SAR 9.95 million in the first nine months (9M) of 2023, against a net loss of SAR 51.54 million in the same period of the previous year. The …
Photo Archive
21 December 2022 04:24 PM Al Alamiya names Rueegg as acting CEO
Riyadh – Mubasher: Al Alamiya for Cooperative Insurance Company has appointed Martin Rueegg as its acting CEO, according to a bourse disclosure. Rueegg assumed his new role on 21 December 2022, after obtaining the Saudi Central Bank’s (SAMA) …
Photo Archive
12 September 2022 11:20 PM Al Alamiya announces resignation of CEO
Riyadh - Mubasher: Al Alamiya for Cooperative Insurance Company accepted the resignation of Khalid Jaafar Allagany from his position as the firm’s CEO on 11 September 2022. Allagany submitted his resignation, which will take effect on 11 December …
Photo Archive
15 March 2022 03:34 PM Al Alamiya turns to losses in 2021
Riyadh – Mubasher: Al Alamiya for Cooperative Insurance Company has incurred net losses before Zakat worth SAR 27.66 million in 2021, against profits amounting to SAR 1.44 million in 2020. The loss per share increased to SAR 0.88 in 2021 from SAR …
Photo Archive
12 January 2022 05:20 PM Al Alamiya names new Chairman, Vice Chairman for 3 years
Riyadh - Mubasher: Al Alamiya for Cooperative Insurance Company has appointed Abdulaziz bin Hasan as its new Chairman for three years starting from 16 November 2021. The Saudi listed company also appointed Tariq Al Naeem as the Vice Chairman for …
The activity practice permit is effective from 4 August 2021
23 June 2021 11:52 AM Al Alamiya renews insurance licence
Riyadh – Mubasher: Al Alamiya for Cooperative Insurance Company has received on 22 June the Saudi Central Bank’s (SAMA) approval for renewing its insurance and reinsurance licence for three years, according to a bourse filing on Wednesday. The …
The profits stood at SAR 1.4 million in 2020.
11 March 2021 09:53 AM Saudi Al Alamiya profits shrink 94% in 2020
Riyadh – Mubasher: Al Alamiya for Cooperative Insurance Company reported on Thursday net profits before Zakat of SAR 1.4 million for the year 2020. This represents a year-on-year shrinkage of 93.9% when compared to SAR 23.7 million in 2019, …
The step comes to support the company’s financial position.
3 March 2021 04:12 PM Saudi Al Alamiya plans no dividends for 2020
Riyadh – Mubasher: The board of directors of Al Alamiya for Cooperative Insurance Company recommended not to distribute cash dividends for fiscal year (FY) 2020. The step comes to support the company’s financial position, according to a stock …
The insurer’s earnings reached SAR 2.3 million in Q3-20.
4 November 2020 10:31 AM Saudi Al Alamiya profits more than halve in Q3
Riyadh – Mubasher: Al Alamiya for Cooperative Insurance Company reported a 55.3% annual decline in net profits before Zakat over the third quarter (Q3) of 2020. The insurer’s earnings reached SAR 2.3 million in Q3-20, compared with SAR 5.2 million …
The deal is likely to reflect positively on Al Alamiya’s financials for 2020 and 2021.
30 September 2020 04:06 PM Saudi Al Alamiya awarded insurance contract from Panda Retail
Riyadh – Mubasher: Al Alamiya for Cooperative Insurance Company on Wednesday announced a contract sign off with Panda Retail Company. Under the contract, Al Alamiya will provide Panda with general insurance services for one year, according to a …
The profits totalled SAR 3.4 million in Q1
11 June 2020 04:45 PM Saudi Al Alamiya’s profits more than halve in Q1-20
Riyadh – Mubasher: Al Alamiya for Cooperative Insurance Company registered SAR 3.4 million in net profits before Zakat during the first quarter (Q1) of 2020, 55.7% less than SAR 7.78 million in the same period a year ago. The insurer’s net written …
The agreement to have a positive financial impact on Al Alamiya’s results for 2019 and 2020
1 October 2019 09:47 AM Saudi Al Alamiya, Panda Retail ink insurance services provision deal
Riyadh – Mubasher: Al Alamiya for Cooperative Insurance Company, listed on the Saudi Stock Exchange (Tadawul), announced it has signed an agreement with Panda Retail Company. Under the agreement, Al Alamiya will provide Panda Retail with general …
Al Alamiya for Cooperative Insurance to generate SAR 45m from deal
29 October 2018 04:48 PM Al Alamiya for Cooperative Insurance to generate SAR 45m from deal
Riyadh – Mubasher: Al Alamiya for Cooperative Insurance Company announced renewing an insurance agreement with Riyad Bank. The agreement entails insurance coverage for Riyad Bank’s auto leasing programme, the insurance firm said in a statement to …
Photo Archive
27 November 2017 06:35 PM CMA imposes SAR 60,000 fines on 2 insurance companies
Riyadh - Mubasher: The Capital Market Authority’s (CMA) board has issued two separate resolutions to impose fines two insurance companies, according to a statement on the Saudi Stock Exchange (Tadawul). Fines of SAR 10,000 and SAR 50,000 have been …
(Photo Credit: Arabianeye-Reuters)
23 May 2017 11:03 AM Al Alamiya to distribute dividends for 2016
Riyadh – Mubasher: The general assembly of Al Alamiya for Cooperative Insurance approved the distribution of cash dividends for 2016. The assembly also agreed on the board’s and auditors’ reports for 2016, in addition to amending the bylaws of the …
(Photo archive)
30 April 2017 11:52 AM Al Alamiya, Riyad Bank ink 1-yr deal
Riyadh – Mubasher: Al Alamiya for Cooperative Insurance signed an agreement with Riyad Bank on Thursday. Under the deal, the insurance firm will provide insurance coverage on the mortgage programme of the bank to its customers for a period of one …
Photo Credit: Arabianeye-Reuters
15 March 2017 08:11 AM Al Alamiya proposes FY16 dividend payout
Mubasher: The board members of Al Alamiya for Cooperative Insurance recommended not to distribute a dividend for fiscal year 2016, according to a bourse statement issued on Wednesday. This proposal was disclosed “in order to continue to strengthen …
(Photo credit: Arabianeye - Reuters)
19 February 2017 10:15 AM CCHI requalifies 5 firms for 3 yrs
Riyadh – Mubasher: Five Saudi-listed insurance companies announced receiving formal approval letters from the secretary general of the Council of Cooperative Health Insurance (CCHI). The letters include the approval of CCHI on the health insurance …
Photo Archive
17 March 2016 09:21 AM Al Alamiya board proposes dividend freeze
Riyadh-Mubasher: Al Alamiya for Cooperative Insurance Co. said its board of directors on Wednesday recommended withholding dividends for 2015, according to a bourse statement. The dividend freeze proposal is aimed at strengthening the company’s …
Photo Archive
4 November 2015 08:15 AM Al Alamiya gets SAMA’s license renewal
Riyadh-Mubasher: Al Alamiya for Cooperative Insurance Co. has obtained the approval of Saudi Arabian Monetary Agency (SAMA) on the renewal of its insurance and reinsurance license for three years as of 9 October 2015, the insurer said in a bourse …
Photo Archive
18 October 2015 10:08 AM Savola reaches settlement agreement with Al Alamiya
Riyadh-Mubasher: Savola Group has reached a final settlement with Al Alamiya for Cooperative Insurance Co. regarding the damage and loss caused by fire at Savola's subsidiary United Sugar. Savola earlier said fire broke out at the raw sugar …
Photo Archive
14 September 2015 04:15 PM Al Alamiya names Alireza as chairman
Riyadh-Mubasher: Al Alamiya for Cooperative Insurance Co. said the board, in a meeting held on 14 September, appointed Ali Alireza as chairman and Khalid Allagany as managing director, according to a bourse statement posted on Monday.  .
Photo Archive
29 July 2015 08:19 AM Al Alamiya swings to profitability in Q2, H1
Riyadh-Mubasher: Al Alamiya for Cooperative Insurance recorded net earnings of SAR 9.8 million in the second quarter ended 30 June, against losses of SAR 9.8 million a year earlier. The insurer also posted net income of SAR 11.8 million for the …
Photo Archive
3 June 2015 10:33 AM Major events on Tadawul for Wednesday
Riyadh-Mubasher: Investors are anticipating the following major events on the Saudi bourse on Wednesday:Translated by Abdul Maguid Aboshahla
Photo Credit: Arabianeye-Reuters
17 March 2015 10:04 PM Al Alamiya board recommends dividend freeze
Riyadh-Mubasher: The board of Al Alamiya for Cooperative Insurance proposed withholding dividends for the fiscal year 2014, as the insurer has not recorded earnings in 2014.This proposal is subject to the approval of the upcoming ordinary …