Profile: BURUJ | Buruj Co-operative Insurance Company

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

Buruj Co-operative Insurance Company BURUJ
BURUJ 0.00%
Insurance 0.00%
TASI 0.00%
Last Value
% Change
Price in SAR Last Update : 24 Sep 2017 11:15 am (local time)


Corporate Details
Symbol BURUJ
ISIN Code SA12CG541714
Exchange Saudi Arabia
Sector Insurance
Auditors Al Bassam
Ernst & Young
Company Description

Buruj Cooperative Insurance Company is a Saudi Joint Stock Company providing insurance products and services to individuals and businesses.

Company Activities

Buruj Cooperative Insurance offers various types of insurance covers such as: Motor, Property and Fire, Marine, Engineering, Health, Fidelity and Money, Liability, Personal Accident, Workers Compensation Insurance and many other variations to serve individuals and businesses.

Equity Profile
Date Established Dec 27, 2009
Listing Date Feb 15, 2010
Paid-up Capital (SAR) 130,000,000
Outstanding Shares 13,000,000
Shares Per Value 10
Contact Information

P.O. Box 51855, Riyadh 11553, Kingdom of Saudi Arabia.

+966 1293 5264

+966 1217 2350



Company History

Gulf Insurance company, the major founder in Buruj had a 100% ownership in Saudi Pearl Insurance Company in Bahrain and had enjoyed underwriting insurance business in Saudi Arabia since 1979. With the passage of the new insurance regulations, Saudi Pearl could no longer continue writing business in the Kingdom and Gulf Insurance company approached several corporate and individual investors in Saudi Arabia and Bahrain to form Buruj cooperative insurance company. Buruj non-life insurer was set up under the Saudi Arabian Monetary Agency (SAMA) Executive List No. M-32 dated 02/06/1424 H (dated 01/08/2003) and incorporated in Saudi Arabia with a paid-up capital of SR.130,000,000.00, its Head Office is in Riyadh.

Board Members & Senior Management
Mr. Yaser Yousef Naghi Chairman
Mr. Khalid Saud Al Hasan Managing Director
Mr. Rafat A. Al Salamony Board of Directors
Mr. Ibrahim Mohammed Battarjee Board of Directors
Dr. Adel Ali Al Sayed Board of Directors
Mr. Ziad Bassam M. Al Bassam Board of Directors
Mr. Abdulaziz F. Al Rashed Board of Directors
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