- WALAA

Saudi Stock Exchange (Kingdom of Saudi Arabia)
22.96 Last Update 21/10/2024 21:31 KSA
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  • :23.16
  • :22.4
  • ('000):85,058
  • (SAR '000):1,952,932
  • :1.13


  • 330,124
  • :0
  • :
  • 52-W L52-W H
    22.96
    16.3835.3
  • 36.71%
  • 36.39%


  • 927

  • (SAR):

    7,554,784.44
  • (SAR):11,594,125
  • :0.65
  • Performance Comparison

Activities

Walaa Cooperative Insurance Company is a Saudi joint-stock company, established on July 5, 2007. Their mission is to provide insurance services based on the principles of cooperative insurance under the supervision of the Insurance Authority (IA)-the agency responsible for overseeing insurance practices in Saudi Arabia. With a fully paid-up capital of SAR 850 million, Walaa stands tall and ready to safeguard its customers. They've earned an (A-) Insurance Financial Strength Rating (IFSR) from S&P Global Ratings, as well as a (gcAAA) GCC regional scale financial strength credit rating. In simpler terms, they're financially solid and reliable. Walaa covers a wide spectrum of insurance needs: motor insurance, medical malpractice, travel insurance, property insurance, marine insurance, engineering insurance, liability coverage, aviation insurance, protection and savings insurance, etc. Walaa has branches across Saudi Arabia. In total, Walaa Cooperative Insurance operates through three regional offices and more than 70 retail offices across the Kingdom. So, whether you're in the Eastern Province, Riyadh, Jeddah, or elsewhere, they've got you covered! However they're not just about physical branches; they're also available online and over the phone. Walaa believes in collaboration. They work closely with partners, customers, and the community to create a safer, more secure tomorrow. So, if you're looking for insurance that combines trust, reliability, and cooperative values, Walaa is your go-to. Remember, they're not just an insurance company; they're your partner in protecting what matters most.

  • Chairman:
    Sulaiman A. Al-Qadi
  • Vice-chairman:
    Khalifa A. Al-Mulhem
  • CEO:
    Johnson Varughese
  • Board Members:

    Abdullatif K. Al-Mulhem

    Ahmed A. Al-Quraishi

    Hatem F. Balghunaim

    Hisham A. Al-Jabr

    Jameel A. Al-Mulhem

    Osama M. Al-Kheneizi

    Sulaiman A. Al-Tuwaijri

    Walid M. A. Al-Jaaferi

    Wasef S. Al-Jabshah

  • Auditors:

    Al Sayyed & Al Ayouti & Co.

    Al Azm & Al Sudairy & Al Azm

CFO

Muhannad M. Al-Dassouqi

Chief Operating Officer

Turki Al-Buraik

Chief General Insurance Officer

Wasif F. Minhas

Chief Corporate Sales Officer

Fahad Aba Alkhail

Chief Life & Medical Insurance Officer

Ghayas Khan

Chief Commercial Officer

Wail Al-Ahmed

Chief Motor Insurance Officer

Turki Al-Mulhem

Appointed Actuary

Syed R. Haider

Assitant VP., Customer Care

Khulood Al-Shreif

Compliance & AML Manager

Khalid Omran

Legal & Corp. Governance Manager

Rogayah Al-Thawadi

Internal Audit Manager

Abrar Al-Kaabi

Senior Risk Manager

Ahmad Al-Huseini

Cyber Security Manager

Ali Al-Shamrani
WALAA announces license renewal from SAMA (Tadawul - 25/09/2017)

United Cooperative Assurance Company announces obtaining of Saudi Arabian Monetary Authority License ...

Read More ...

S&P Global affirms the financial strength rating of gcAA+ for WALAA (Tadawul - 27/07/2017)

Walaa Cooperative Insurance Company is pleased to announce that on 25/07/2017 the Company has secured ...

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Wala'a Annouces That AM Best Europe Affirms The FSR Of B++ Wala'a (Tadawul - 10/11/2013)

Wala'a is pleased to announce that AM Best Europe Rating Services has affirmed the financial strength ...

Read More ...

Read More ...
Announced On Period As Of Net Profit (SAR Mil) Growth (%)
12/05/2024 3-Month 31/03/2024 40 397.43
13/03/2024 12-Month 31/12/2023 148 0
05/11/2023 9-Month 30/09/2023 113 0
07/08/2023 6-Month 30/06/2023 68 0
11/11/2018 9-Month 30/09/2018 96 -14.77
Market Cap
US$ Mil
Last Price
Local Cry
Price Change (%)
1 Day
Price Change (%)
1 Year
P/E TTM P/B MRQ Dividend Yield (%) Beta ROA (%) ROE (%)
BUPAARABIA 8,338.79 208.2 -0.2 0 27.35 0 0 0.88 0 0
TAWUNIYA 5,876.33 145 -1.37 0 23.15 0 0 1.09 0 0
ALRAJHITAKAFUL 4,749.03 181 1.57 0 45.45 0 0 1.1 0 0
QATI 1,931.69 2.15 -1.02 -39.26 0 0.12 2.99 1.1 2.21 10.42
GINS 1,349.93 1,450 -8.81 18.18 35.86 3.23 4.2 0.07 1.74 11.49
RASAN 1,280.72 63.2 -0.32 0 0 0 0 0 0 0
SAUDIRE 834.64 37.55 6.82 0 24.36 0 0 1.05 0 0
MEDGULF 645.28 23.34 1.21 0 15.08 0 0 1 0 0
ADNIC 618.57 6.06 1 17.93 8.6 1.18 0 0.24 3.55 12.47
WALAA 513.2 22.96 1.41 0 12.9 0 0 1.13 0 0
AINS 507.64 714 -0.14 -2.8 16.82 1.29 6.62 0.13 3.79 9.34
ARABIANSHIELD 400.31 19.14 1.7 0 22.74 0 0 1.09 0 0
GIG 360.37 30.55 1.66 0 21 0 0 1.14 0 0
CHUBB 355.78 45.15 1.46 0 53.08 0 0 1.13 0 0
KINS 344.39 568 1.42 9.06 13.69 1.49 9.01 0.06 4.28 10.42
QGRI 344.32 1.44 -0.35 14.8 -0.85 0.04 5.06 0.3 -26.79 -45.51
LIVA.MSM 340.81 0.33 0 0 0 0 0 0.08 0 0
DOHI 340.38 2.5 0 -22.52 7.98 0.11 5.82 0.22 5.01 13.46
QISI 339.14 8.3 -0.04 -25.32 7.96 0.19 6.88 0.57 11.98 23.54
KUWAITRE 329.86 352 -1.13 6.89 32.19 1.24 5.21 -0.01 3.72 9.79
JAZIRATKFL 291.98 16.64 0.24 0 25.11 0 0 1.11 0 0
WATANIYA 287.82 26.95 -0.19 0 8.91 0 0 1.05 0 0
ALETIHAD 286.22 22.3 3.81 0 12.76 0 0 0 0 0
DIN 261.31 9.6 0 0 5.52 0 0 -0.1 0 0
AWNIC 243.98 4.33 0 0 11.09 1.07 0 0.06 4.05 6.88
ALLIANZSF 240.81 15.26 1.32 0 32.78 0 0 1.06 0 0
BEMA 224.32 4.1 -0.51 0 11.32 0 0 0 0 0
NGI 215.52 4.8 0 0 5.96 0 0 0 0 0
MALATHINSURANCE 204.94 15.2 -1.18 0 -302.16 0 0 1.07 0 0
ABNIC 203.47 2.99 0 -16.32 15.5 1.15 0 -0.07 2.19 6.02
QLMI 198.33 2.09 0.43 0 9.89 0 0 0 0 0
GULFUNIONALAHLIA 190.56 15.68 0.64 0 7.69 0 0 1.06 0 0
AICC 188.14 13.32 0 0 13.19 0 0 0.99 0 0
LIVA 185.91 17.62 1.03 0 33.98 0 0 1.12 0 0
AKHI 157.65 2.26 -0.31 -49.01 81.29 0.12 4.88 0.36 0.64 1.2
DNIR 155.62 4.95 0 0 13.22 0 0 0.03 0 0
BURUJ 155.42 19.38 -0.31 0 40.54 0 0 1.1 0 0
DHAFRA 150.53 5.53 0 0 8.38 1.65 0 -0.08 3.14 10.13
TKFL 149.17 5.48 0 -9.9 5.66 1.82 4 -0.14 5.39 16.79
SUKOONTAKAFL 148.81 3.55 0 0 6.27 0 0 0.03 0 0
ALSAGRINSURANCE 144.23 18.34 1.66 0 12.51 0 0 1.08 0 0
SAICO 128.24 16.16 0.74 0 8.18 0 0 1.06 0 0
SALAMA 127.92 23.86 -0.59 0 11.3 0 0 1.12 0 0
AMANAINSURANCE 127.43 11.08 -0.36 0 27.67 0 0 1.24 0 0
ALAIN 114.73 28.1 0 -30.91 5.77 0.36 3.33 -0.04 0.89 4.23
ACIG 112.29 14.6 0.82 0 5.46 0 0 1.01 0 0
UCA 106.6 10.14 1.4 0 18.1 0 0 0.99 0 0
ALLIANCE 106.16 390 0 0 0 0 0 0 0 0
SALAMA.DFM 98.47 0.39 -0.52 0 -2.47 0 0 1.05 0 0
BKIKWT 93.61 191 0 0 0 0 0 -0.04 0 0
ORIENT 90.23 66.3 0 0 0.5 0 0 0 0 0
ENAYA 90.23 14.86 0.95 0 37.29 0 0 1.21 0 0
RAKNIC 89.83 3 0 -10.24 12.15 1.38 0 -0.02 4.14 13.97
GULFGENERAL 89.06 11.18 0.35 0 -48 0 0 1.21 0 0
WINSRE 80.4 142 2.15 -33.5 20.27 0.59 16.34 0.33 -4.25 -8.4
FTI 77.99 223 9.85 -13.28 91.08 1.93 0 0.01 13.45 19.88
ORIC 72.89 0.09 0 0 0 0 0 0 0 0
OUIC 64.03 0.26 4.85 0 7.74 0 0 1.22 0 0
DICS 62.84 0.22 0 0 16.54 0 0 0.13 0 0
SICO 61.76 1.65 0 -9.35 14.64 1.04 0 0.01 10.26 17.29
SOLID 57.19 0.35 0 -7.81 8.25 13.57 0 0.03 5.99 16.43
AFNIC 57.16 210 0 0 5.98 0.99 0 0 5.59 12.64
UNION 53.96 0.6 0 -29.03 10.45 0.65 0 0.14 0.48 2.86
OQIC 51.85 0.2 0 0 0 0 0 0.04 0 0
FIDELITYUNITED 43.55 1.6 0 0 -27.07 1.7 0 0 0.3 0.92
ASNIC 41.13 0.66 0 0 -1.68 0 0 0.04 0 0
AMAT 35.84 0.08 0 0 5.49 0 0 1 0 0
AFIC 33.48 0.13 0 0 0 0 0 0.14 0 0
IH 31.32 0.96 0 13.33 9 1.32 0 -0.01 1.61 4.72
AKIC 27.21 0.24 0 -40 -0.4 0.67 0 -0.03 -19.63 -93.13
METHAQ 26.34 0.65 0 -5.88 10.06 1.26 0 0.45 3.1 20.9
TAKAFULEM 22.01 0.54 3.65 0 -3.3 0 0 0.39 0 0
AMAN 21.32 0.35 0 0 -7.01 0 0 0.53 0 0
TAKAFUL 21.12 0.13 0 -15 6.92 9.21 0 0.1 3.58 13.36
TAOI 18.25 0.04 0 0 -6.2 0 0 0.24 0 0
WETHAQ 15.34 42.4 8.71 -52.55 -126.34 0.4 0 0.29 3.29 3.31
MCTI 9.15 0.32 0 0 2.39 0 0 0.04 0 0
WATANIA 0 0 0 0 0 0 0 0.68 0 0
SUKOON 0 0 0 0 0 0 0 0.08 0 0
ARIG 0 0.12 -88.82 -5.68 0.13 0.1 10.1 0.03 4.82 7.67
BNH 0 0 0 -3.33 0 0 3.88 0.04 5.45 9.75
BKIC 0 0 0 12.73 0 0 6.12 -0.08 2.92 11.69
EIC.ADX 0 0 0 17.06 0 0 8.33 0.03 4.16 9.85