Company Chubb Arabia Cooperative Insurance Company

Equities

8240

SA12A0540O17

Property & Casualty Insurance

End-of-day quote Saudi Arabian S.E. 06:00:00 2024-04-24 pm EDT 5-day change 1st Jan Change
39.35 SAR -2.24% Intraday chart for Chubb Arabia Cooperative Insurance Company -9.02% +57.40%

Business Summary

CHUBB Arabia Cooperative Insurance Company SJSC, formerly ACE Arabia Cooperative Insurance Co SJSC, is a Saudi Arabia-based multi line property and casualty insurance company. With offices in major cities of the country, CHUBB Arabia Cooperative Insurance Company SJSC provides commercial property and casualty insurance, personal accident and group life insurance to a diverse group of clients. The Company serves multinational corporations and local businesses with property and casualty insurance and services, as well as companies and affinity groups providing or offering accident and life insurance to their employees or members, personal accident, homeowners, automobile and other specialty insurance coverage.

Sales per Business

SAR in Million2022Weight2023Weight Delta
Property
38.4 %
20 16.0 % 126 38.4 % +526.83%
Casualty
18.0 %
26 20.8 % 59 18.0 % +125.71%
Motor Standard
16.9 %
- - 56 16.9 % -
Engineering
12.2 %
12 9.4 % 40 12.2 % +239.46%
Marine
6.3 %
9 7.2 % 21 6.3 % +128.14%
Motor Third Party
4.5 %
- - 15 4.5 % -
Group Life
3.7 %
5 3.7 % 12 3.7 % +160.95%

Sales per region

SAR in Million2022Weight2023Weight Delta
Saudi Arabia
100.0 %
126 100.0 % 329 100.0 % +161.02%

Managers

Managers TitleAgeSince
Chief Executive Officer - -
Director of Finance/CFO - 23-01-07
Chief Tech/Sci/R&D Officer - -
Compliance Officer - -
Chief Tech/Sci/R&D Officer - -
Chief Operating Officer - -
Director/Board Member - -
Comptroller/Controller/Auditor - -
Human Resources Officer - -
Sales & Marketing - -

Members of the board

Members of the board TitleAgeSince
Director/Board Member - 15-05-31
Director/Board Member - 18-07-24
Chairman - -
Director/Board Member - 18-07-24
Director/Board Member - -
Director/Board Member - 18-07-24
Director/Board Member - 18-07-24
Director/Board Member - 18-07-24
Director/Board Member - -

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 30,000,000 12,000,000 ( 40.00 %) 0 40.00 %

Shareholders

NameEquities%Valuation
9,000,000 30.00 % 103 M ﷼
Al Khuraiji Investment Co.
25.00 %
7,500,000 25.00 % 86 M ﷼
ESTATE OF EL KHEREIJI ABDULKARIM ABDULAZIZ
5.000 %
1,500,000 5.000 % 17 M ﷼
Dimensional Fund Advisors Ltd.
0.0217 %
6,501 0.0217 % 74 188 ﷼
DFA Australia Ltd.
0.002953 %
886 0.002953 % 10 111 ﷼

Company contact information

CHUBB Arabia Cooperative Insurance Co.

Southern Tower King Faisal Bin Abdulaziz Street

31952, Khobar

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http://www.chubb.com/sa-en/
address Chubb Arabia Cooperative Insurance Company(8240)
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