Company type | Private |
---|---|
ISIN | SA000A0MLUH9 |
Industry | Insurance |
Founded | 19 June 2007 |
Founder | 2007 |
Headquarters | , |
Key people | Sultan Al Kabeer (Chairman) Basem Odeh (CEO) |
Revenue | 463,627,000 Saudi riyal (2019) |
Total assets | 1,137,426,000 Saudi riyal (2019) |
Arabian Shield Cooperative Insurance Company is an insurance companies within the Kingdom of Saudi Arabia. [1]
The company was established on May 19, 2007. [2] It is located in Riyadh. [3] It operates as a Saudi public joint stock company and is licensed by Saudi Arabian Monetary Agency (SAMA)." [1]
Arabian Shield Cooperative Insurance Company sells insurance products including motor, marine, property and medical insurance. In addition, the company also provides claim settlement services to its policyholders. Its customer base includes the private individuals and also the corporate clients. [1]
Arabian Shield Cooperative Insurance Company was among the major gainers in Saudi markets gaining more than 35% during the first month of the year. [4]
The economy of Saudi Arabia is the largest in the Middle East and the eighteenth-largest in the world. The Saudi economy is highly reliant on its petroleum sector. Oil accounts on average in recent years for approximately 40% of Saudi GDP and 75% of fiscal revenue, with substantial fluctuations depending on oil prices each year.
The Cooperation Council for the Arab States of the Gulf, also known as the Gulf Cooperation Council, is a regional, intergovernmental, political, and economic union comprising Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates. The council's main headquarters is located in Riyadh, the capital of Saudi Arabia. The Charter of the GCC was signed on 25 May 1981, formally establishing the institution.
Saudi Aramco, officially the Saudi Arabian Oil Group or simply Aramco, is a state-owned petroleum and natural gas company that is the national oil company of Saudi Arabia. As of 2022, it is the second-largest company in the world by revenue and is headquartered in Dhahran. It has repeatedly achieved the largest annual profits in global corporate history. Saudi Aramco has both the world's second-largest proven crude oil reserves, at more than 270 billion barrels, and largest daily oil production of all oil-producing companies.
Saudi Arabia, officially the Kingdom of Saudi Arabia (KSA), is a country in the Middle East. It covers the bulk of the Arabian Peninsula and has a land area of about 2150000 km2, making it the fifth-largest country in Asia and the largest in the Middle East. It is bordered by the Red Sea to the west; Jordan, Iraq, and Kuwait to the north; the Persian Gulf, Qatar and the United Arab Emirates to the east; Oman to the southeast; and Yemen to the south. Bahrain is an island country off its east coast. The Gulf of Aqaba in the northwest separates Saudi Arabia from Egypt and Israel. Saudi Arabia is the only country with a coastline along both the Red Sea and the Persian Gulf, and most of its terrain consists of arid desert, lowland, steppe, and mountains. Saudi Arabia's capital and largest city is Riyadh; the kingdom is also the location of Islam's two holiest cities of Mecca and Medina.
Arla Foods is a Danish-Swedish multinational cooperative based in Viby, Denmark. It is the fifth biggest dairy company in the world and the largest producer of dairy products in Scandinavia and United Kingdom.
Housing Development Finance Corporation was an Indian private sector mortgage lender based in Mumbai. It was the biggest housing finance company in India. It also had a presence in banking, life and general insurance, asset management, venture capital and deposits through its associate and subsidiary companies.
Saudi Exchange or Tadāwul is a stock exchange in Saudi Arabia. Tadāwul was formed in 2007 as a joint stock company and the sole entity authorized to act as a securities exchange in Saudi Arabia, but trading began in 1954 as an informal financial market. It continued as such with only 14 listed companies through the 1970s and began to acquire some formal status as the Saudi Company for Share Registration in 1980. It is regulated by the Capital Market Authority but has become partially self-regulating since 2018. It lists 203 publicly traded companies. As of 31 December 2020, its trading hours are 10:00AM to 3:10PM, Sunday to Thursday.
Blue Cross Blue Shield Association, also known as BCBS, BCBSA, or The Blues, is a United States-based federation with 34 independent and locally-operated BCBSA companies that provide health insurance in the United States to more than 115 million people as of 2022.
The Al Muhaidib Group is an international private group of companies based in Saudi Arabia that was founded in 1946 by Abdul Kadir bin Abdul Muhsin Al-Muhaidib. The current chairman of the board of directors is Sulaiman A. K. Al-Muhaidib.
Health care in Saudi Arabia is a national health care system in which the government provides free universal healthcare coverage through a number of government agencies. There is also a growing role and increased participation from the private sector in the provision of health care services. Saudi Arabia has been ranked among the 26 best countries in providing high quality healthcare.
Dallah Al-Baraka Holding Company (DBHC), is a private multinational corporation based in Jeddah, Saudi Arabia. The company has holdings throughout the Middle East, North Africa, the Far East and Europe. The company is best classed as a conglomerate with investments including the financial, banking, healthcare, real estate, manufacturing, transportation, and operations and maintenance sectors.
The Triple-S Management Corporation (TSM) —commonly known as Triple-S, or SSS— is an insurance holding company based in San Juan, Puerto Rico, which offers a wide range of insurance products and services in Puerto Rico through its wholly owned subsidiaries. Listed in the NYSE as GTS, its headquarters are located at 1441 Franklin D. Roosevelt Ave., in the San Patricio section of San Juan.
Bupa, legally British United Provident Association Limited, is a British multinational health insurance and healthcare company with over 43 million customers worldwide.
EnergyinSaudi Arabia involves petroleum and natural gas production, consumption, and exports, and electricity production. Saudi Arabia is the world's leading oil producer and exporter. Saudi Arabia's economy is petroleum-based; oil accounts for 90% of the country's exports and nearly 75% of government revenue. The oil industry produces about 45% of Saudi Arabia's gross domestic product, against 40% from the private sector. Saudi Arabia has per capita GDP of $20,700. The economy is still very dependent on oil despite diversification, in particular in the petrochemical sector.
Blue Cross and Blue Shield of Alabama (BCBSAL) is a nonprofit health insurance company headquartered in Birmingham, Alabama. The company was founded in 1936, provides coverage to more than 3 million people and is a member of the Blue Cross and Blue Shield Association (BCBS). BCBSAL employs nearly 5,000 people, which includes almost 3,500 people at its corporate headquarters in Birmingham. The company also operates Cahaba Government Benefit Administrators and Cahaba Safeguard Administrators, both headquartered in Birmingham. It commands over 90 percent of the health insurance market in Alabama, a state with half a million uninsured people, one of the highest uninsured rates in the nation at 10 percent of the population.
Elevance Health, Inc. is an American health insurance provider. Prior to June 2022, Elevance Health was named Anthem, Inc. The company's services include medical, pharmaceutical, dental, behavioral health, long-term care, and disability plans through affiliated companies such as Anthem Blue Cross and Blue Shield, Anthem Blue Cross in California, Wellpoint, and Carelon. It is the largest for-profit managed health care company in the Blue Cross Blue Shield Association. As of 2022, the company had 46.8 million members within its affiliated companies' health plans.
Weqaya, known also as Weqaya Takaful Insurance and Reinsurance Company, is one of the largest joint stock companies in Saudi Arabia, with a paid up capital of SR 200 Million. Weqaya Head Offices are located in Riyadh and there are three Regional Offices in Jeddah and Khobar.
Turki bin Muqrin Al Saud is a pilot, businessman, the CEO of Rabigh Wings Aviation Academy (RWAA), and a member of the House of Saud. He also is the president of the Saudi Air Sports Federation.
BupaArabia is a Saudi-owned and operated publicly traded company with 800 million Saudi riyals in paid-in capital. Bupa Arabia provides health insurance to the requirements of the Council of Cooperative Health Insurance and the Saudi Arabian Monetary Authority (SAMA).
Oscar Health, Inc. is an American health insurance company, founded in 2012 by Joshua Kushner, Kevin Nazemi and Mario Schlosser, and is headquartered in New York City. The company focuses on the health insurance industry through telemedicine, healthcare focused technological interfaces, and transparent claims pricing systems which would make it easier for patients to navigate.