Profile: ARABIAN SHIELD | Arabian Shield Cooperative Insurance Co.

SAUDI STOCK EXCHANGE (TADAWUL)Trading Hours: Sun - Thu 10:00 am-3:00 pm

Arabian Shield Cooperative Insurance Co. ARABIAN SHIELD
Insurance 0.00%
TASI 0.00%
Last Value
% Change
Price in SAR Last Update : 24 Sep 2017 11:15 am (local time)


Corporate Details
Exchange Saudi Arabia
Sector Insurance
Auditors Talal Abu-Ghazaleh & Co.
Al Bassam
Company Description

Arabian Shield is an insurance company listed on Tadawul and offers a range of insurance services and products in the medical and general insurance fields.

Company Activities

The company provides insurance products & services under General Insurance (Property, Motor, Marine, Engineering, Liability, Accident & etc) in addition to Medical insurance services either to companies and establishments or individuals, under control & supervision of Saudi Arabian Monetary Agency.

Equity Profile
Date Established May 19, 2007
Listing Date N/A
Paid-up Capital (SAR) 200,000,000
Outstanding Shares 20,000,000
Shares Per Value 10
Contact Information

3rd Floor, No.15 Cercon Bldg., Olaya Main Road, P.O. Box 61352, Riyadh - 11565, Kingdom of Saudi Arabia.

+966 1250 5400

+966 1463 1294



Company History

The Company's activity goes back to the beginning of 1998 when the company entered the Saudi market as a Bahraini Company working through local agents. After the issuance of Insurance Regulations in the Kingdom, the company obtained a license as a Saudi Public Joint Stock Company with the Arabian Shield Bahrain CO. EC holding 30% of its shares. Bahrain National Holding Co. holding 15%. Other 15% owned by Saudi Companies & Businessmen, and remaining 40% owned by shareholders through IPO. The Company completed its licensing procedures & obtained a final license from SAMA on 11/09/2007 to transact in general and medical insurance. The company started its operations in the Kingdom of Saudi Arabia as a Saudi joint stock company in 2009.

Board Members & Senior Management
Prince Sultan Bin Mohammed Bin Saud Al Kabeer Chairman
Mr. John Clifford Davies CEO
Basem Kamel Odeh General Manager
Mr. Ammar Al Khudairy Board of Directors
Mr. Sulaiman N. Alhatlan Board of Directors
Mr. Christopher James Ledwidge Board of Directors
Mr. Joseph Rizzo Board of Directors
Mr. Abdullah Abdulrahman Thaneyan Al Obeikan Board of Directors
Mr. Nasser Mohammed Humoud Al-Mutawa Al-Otaibi Board of Directors
Mr. Abdullah Bin Sulaiman Al Rubaian Board of Directors
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