Arabian Shield Cooperative Insurance Company

Arabian Shield Cooperative Insurance Company is "one of the leading insurance companies within the Kingdom of Saudi Arabia."[2]

Arabian Shield Cooperative Insurance

الدرع العربي للتأمين التعاوني
Private
ISINSA000A0MLUH9 
IndustryInsurance
Founder2007
Headquarters,
Key people
Sultan Al Kabeer (Chairman)
Basem Odeh (CEO)
Revenue463,627,000 Saudi riyal[1] (2019) 
Total assets1,137,426,000 Saudi riyal[1] (2019) 
Websitehttp://www.der3.com

History

The company was established on May 19, 2007.[3] It is located in Riyadh.[4] It operates as a Saudi public joint stock company and is licensed by Saudi Arabian Monetary Agency (SAMA)."[2]

Summary

Arabian Shield Cooperative Insurance Company sells "insurance products and services in the field of general insurance including motor insurance, marine insurance, property insurance, engineering insurance, accidents insurance, liability insurance; and medical insurance. In addition, the company also provides fair and swift claim settlement services to its policyholders. Its customer base includes the private individuals and also the corporate clients."[2]

2012

Arabian Shield Cooperative Insurance Company was among the major gainers in Saudi markets gaining more than 35% during the first month of the year.[5]

References

  1. "Company Details". Tadawul. Retrieved 12 April 2020.
  2. "Arabian Shield Cooperative Insurance Company: Company Profile and SWOT Analysis". Market Publishers. March 7, 2012. Retrieved 20 June 2012.
  3. "Arabian Shield Cooperative Insurance Company". Arabian Business. October 12, 2011. Retrieved 20 June 2012.
  4. "Arabian Shield Cooperative Insurance Company". Zawya. April 30, 2012. Retrieved 20 June 2012.
  5. "GCC markets starts 2012 showing mixed trends". MSNBC. February 2012. Archived from the original on 2012-07-01. Retrieved 20 June 2012.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.