Profile: AXA-COOPERATIVE | AXA Cooperative Insurance Company

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

AXA Cooperative Insurance Company AXA-COOPERATIVE
Insurance 1.54%
TASI 0.43%
Last Value
% Change
Price in SAR Last Update : 02 Aug 2017 11:00 am (local time)


Corporate Details
ISIN Code SA12A0540T12
Exchange Saudi Arabia
Sector Insurance
Auditors PricewaterhouseCoopers
Al Ghanem
Company Description

AXA Cooperative is part of the global AXA Group. It is the largest insurer in the GCC with branches across Bahrain, Oman, UAE and Qatar. In Saudi Arabia AXA is known as AXA Cooperative Insurance and provides cooperative insurance to individuals and businesses.

Company Activities

The Company provides diversified insurance and reinsurance products across categories such as Engineering, Fire and Property, Marine (Cargo), Accident & liability, Motor, Health and Group Life insurance catering to individual and business customers.

Equity Profile
Date Established Jun 3, 2009
Listing Date N/A
Paid-up Capital (SAR) 200,000,000
Outstanding Shares 20,000,000
Shares Per Value 10
Contact Information

Kanoo Tower, 2nd Floor, King Abdul Aziz Road, P.O. Box 753, Riyadh 11421, Kingdom of Saudi Arabia

+966 2263 5566

+966 11478 0418



Company History

AXA Cooperative Insurance company is a Saudi Joint Stock Company established by Royal Decree Number M/36 dated 01/07/2008 and incorporated on 03/06/2009 under Commercial Registration No. 1010271203. The Company obtained licence from the Saudi Arabian Monetary Agency (“SAMA”) to practice general and medical insurance and reinsurance business in the Kingdom of Saudi Arabia vide licence No. TMN/25/2010, dated 11 Safar 1431H (corresponding to January 26, 2010).

Board Members & Senior Management
Mr. Jerome Droesch Chairman
Mr. Gary M Lewin Manager
Mr. Touazi Franois Aissa Board of Directors
Mr. Iain L. Reid Board of Directors
Mr. Ali Abdullah Kanoo Board of Directors
Mr. Paul Adamson Board of Directors
Dr. Mazen I. Hassounah Board of Directors
Mr. Kamel S. Al Munajjed Board of Directors
Mr. Yousef S. Abalkhail Board of Directors
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