Profile: MALATH | Malath Cooperative Insurance & Reinsurance Co.

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

Malath Cooperative Insurance & Reinsurance Co. MALATH
MALATH 6.52%
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 SA000A0MJ2J4
Exchange Saudi Arabia
Sector Insurance
Auditors PricewaterhouseCoopers
Mr. Nasir Hashim Albonay
Company Description

Malath is a new cooperative insurance and reinsurance company in Saudi Arabia, founded by Saudi investors in 2004.

Company Activities

Malath Cooperative Insurance and Reinsurance Company provides a wide range of general insurance products under various classes which include Aviation, Energy, Engineering, Marine (Cargo & Hull), Miscellaneous and Motor. In addition, Malath provides Healthcare Insurance for groups and individuals as well as FAC reinsurance. The Company transacts its operations in accordance with Cooperative executive insurance regulations in Saudi Arabia.

Equity Profile
Date Established Apr 9, 2007
Listing Date May 5, 2007
Paid-up Capital (SAR) 300,000,000
Outstanding Shares 30,000,000
Shares Per Value 10
Contact Information

Abdullatif Building, Al Tahlia Road, Al Tahlia Area,P.O Box 99763, Kingdom of Saudi Arabia

+966 1416 4545

+966 1416 8333



Company History

Malath Cooperative Insurance & Reinsurance Company was founded by an elite investment consortium comprising prominent Saudi personalities, with a paid up capital of SAR 300 million.In April 2007, the company established itself as a leading provider of insurance products and services.

Board Members & Senior Management
Mr. Mubarak Abdullah Al-Khafra Chairman
Mr. Mohammed Suleiman Abakma Vice Chairman
Mr. Mohammed Ali Al Amari Board of Directors
Mr. Obaid Abdullah Rasheed Board of Directors
Mr. Abdulsalam Abdulrahman Al-Aqeel Board of Directors
Mr. Mohsen Mohammed Saleh Board of Directors
Mr. Abdulaziz Abdullah Al Jalal Board of Directors
Mr. Ghassan Abdul Rahman Alshebl Board of Directors
Mr. Mohammed Abdulaziz Al Namlah Board of Directors
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