Company
Salama Cooperative Insurance Company
Headquarters: Jeddah, Saudi Arabia
Market Cap
SR550.0 Million
SAR as of July 1, 2024
US$146.6 Million
Salama Cooperative Insurance Company Categories
Saudi Arabia Financials Insurance—Property & CasualtySaudi Arabia Financials Saudi Arabia Insurance—Property & Casualty
Top Competitors by Market Capitalization
Industry: Insurance—Property & Casualty
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|---|---|
| The Progressive Corporation | $123.15 B |
| Chubb Limited | $102.53 B |
| Tokio Marine Holdings, Inc. | $76.18 B |
| The Travelers Companies, Inc. | $46.64 B |
| The Allstate Corporation | $41.81 B |
Sector:
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| Berkshire Hathaway | $887.16 B |
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| Mastercard | $416.63 B |
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Detailed Description
Salama Cooperative Insurance Company provides insurance products and services in the United Arab Emirates, the Kingdom of Saudi Arabia, Algeria, Malaysia, Bahrain, Senegal, and Egypt. It operates through three segments: Medical, Motor, and Others. It offers motor insurance products that cover accident, fire, towing, malicious, theft, estimation, and medical expenses; and medical insurance for care, medicines, chronic diseases, vaccination, maternity and neonatal, physiotherapy, ophthalmology, dental care, oncology, and CCHI. The company also provides travel insurance comprising personal accidents, medical expenses, repatriation of mortal remains, lost baggage, passport loss, cash loss, personal liability, and accidental death; and malpractice insurance that provides specialties, flexible, and medical facilities coverage. In addition, it offers general insurance coverage, such as engineering, liability, marine, property, and general accident insurance products. The company was formerly known as Saudi IAIC Cooperative Insurance Company and changed its name to Salama Cooperative Insurance Company in 2012. Salama Cooperative Insurance Company was founded in 1979 and is headquartered in Jeddah, the Kingdom of Saudi Arabia.
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Stocks & Indices
Salama Cooperative Insurance Company has the following listings and related stock indices.
Stock: Tadawul: 8050 wb_incandescent