Salama Cooperative Insurance Company

8050

SA000A0MLUE6

Property & Casualty Insurance

End-of-day quote Saudi Arabian S.E. Other stock markets 06:00:00 2024-04-24 pm EDT			5-day change	1st Jan Change
34.6 ^SAR	-2.40%		-1.00%	+78.35%

Mar. 26	Salama Cooperative Insurance Company Reports Earnings Results for the Full Year Ended December 31, 2023	CI
Mar. 21	Salama Cooperative Insurance Taps Alawwal Capital as Financial Adviser for Rights Issue	MT

Salama Cooperative Insurance Company Reports Earnings Results for the Full Year Ended December 31, 2023

March 25, 2024

Salama Cooperative Insurance Company reported earnings results for the full year ended December 31, 2023. For the full year, the company reported net income was SAR 51.3 million compared to net loss of SAR 38.87 million a year ago. Basic earnings per share from continuing operations was SAR 3.25.

Latest news about Salama Cooperative Insurance Company

Salama Cooperative Insurance Company Reports Earnings Results for the Full Year Ended December 31, 2023	Mar. 25	CI
Salama Cooperative Insurance Taps Alawwal Capital as Financial Adviser for Rights Issue	Mar. 21	MT
Salama Cooperative Insurance Swings to Profit in FY23; Insurance Revenue Rises	Mar. 17	MT
Salama Cooperative Insurance Company Announces to Appointment of Chairman and Member of the Audit Committee	Nov. 20	CI
Salama Cooperative Insurance Company Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	Nov. 09	CI
Salama Cooperative Insurance Company Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023	23-08-15	CI
Salama Cooperative Insurance Company Reports Earnings Results for the First Quarter Ended March 31, 2023	23-07-08	CI
Salama Cooperative Insurance Company announced a financing transaction	23-05-20	CI
Salama Cooperative Insurance Company Auditor Raises 'Going Concern' Doubt	23-03-20	CI
Salama Cooperative Insurance Company Reports Earnings Results for the Full Year Ended December 31, 2022	23-03-20	CI
Salama Cooperative Insurance Company Reports Earnings Results for the Third Quarter Ended September 30, 2022	22-11-08	CI
Salama Cooperative Insurance Company, Announces the Appointment of the Board Chairman, the Vice Chairman, and the Board Committees	22-10-25	CI
Salama Cooperative Insurance Company Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022	22-08-30	CI
Salama Cooperative Insurance Company Reports Earnings Results for the First Quarter Ended March 31, 2022	22-05-28	CI
Salama Cooperative Insurance Company Reports Earnings Results for the Full Year Ended December 31, 2021	22-04-03	CI
Salama Cooperative Insurance Company Auditor Raises 'Going Concern' Doubt	22-04-02	CI
Salama Cooperative Insurance Company Announces Renewal of the Saudi Central Bank of Its License to Practice Insurance Activity	21-12-22	CI
Salama Cooperative Insurance Co. Announces Resignation of Omar Nasser as a Board Member	21-11-27	CI
Salama Cooperative Insurance Company Appoints Bader Khalid Alanzi as CEO, Effective December 1, 2021	21-11-23	CI
Salama Cooperative Insurance Company Announces Resignation of Omar Mohammed Alajlani as Chief Executive Officer, Effective November 30, 2021	21-11-18	CI
Salama Cooperative Insurance Company Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021	21-11-16	CI
Salama Cooperative Insurance Company(SASE:8050) added to S&P Pan Arab Composite	21-09-20	CI
Salama Cooperative Insurance Company Reports Earnings Results for the Second Quarter Ended June 30, 2021	21-08-24	CI
Salama Cooperative Insurance Company Reports Earnings Results for the First Quarter Ended March 31, 2021	21-05-30	CI
Salama Cooperative Insurance Company Reports Earnings Results for the Full Year Ended December 31, 2020	21-04-11	CI

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Company Profile

Salama Cooperative Insurance Co SJSC, formerly Saudi IAIC Cooperative Insurance Company (Salama), is a Saudi Arabia-based joint stock company engaged in the provision of cooperative insurance solutions in compliance with Islamic Sharia (Takaful) principles. The Company is organized into three business segments: The Medical segment provides compensation to holders for expenses incurred in treatment of a disease, illness or injury; the Motor segment provides coverage against losses and liability related to motor vehicles, and the Others segment includes property, marine, engineering, accident and liability and miscellaneous categories. Salama serves both individual and institutional customers through six direct Takaful companies in the United Arab Emirates, Saudi Arabia, Egypt, Senegal, Algeria and Jordan, in addition to Re-Takaful Company located in Tunis.

Sector

Property & Casualty Insurance

Calendar

2024-06-30 - Q1 2024 Earnings Release (Projected)

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Sector Insurance - Automobile

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