22/01/2014 23:48 AST

Further to the announcement published on Tadawul's website on 21-01-2014 related to Saudi Arabian Cooperative Insurance Company (SAICO) announces an amendment to the previous announcement relating to the interim financial results for the period ending on 31-12-2013 (Twelve Months). Saudi Arabian Cooperative Insurance Company announces addendum as :While the correction is that the reason for the losses during the twelve months compared to a profit for the same period last year due to an increase in net incurred claims and an increase in technical reserve by SR 16.6 Million in accordance with SAMA Implementation Regulations for Insurance Companies also an increase in general and administrative expenses.


Tadawul

Saudi Arabian Insurance Co receives excellent credit rating

20/07/2015

A.M. Best has assigned a financial strength rating of A- (Excellent) and an issuer credit rating of "a-" to Saudi Arabian Insurance Company (Damana), Bahrain. The outlook assigned to both ratings is

Saudi Gazette

Saudi Arabian Cooperative requalification the company with the CCHI

25/03/2014

Saudi Arabian Cooperative Insurance Company (SAICO) receipt by fax, on Monday 24th March 2014, of the CCHI formal approval letter number 452/35/2T/D dated 24/03/2014 G, corresponding to 23/05/1435 H,

Tadawul

Addendum announcement from Saudi Arabian Cooperative Insurance Company

06/01/2014

Further to the announcement published on Tadawul's website on 18/12/2010 related to the recommendation of raising the company's capital. Saudi Arabian for Cooperative Insurance Co. (SAICO) announces

Tadawul

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BUPAARABIA 168.60 -0.40 (-0.24%)
TAWUNIYA 137.60 0.60 (0.43%)
ALRAJHITAKAFUL 133.60 -0.20 (-0.15%)
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Ajman Bank posts Dh145 Million profit before tax in Q1 2025, reflecting 24% growth

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Ajman Bank has posted a profit before tax of Dh145 million in Q1 2025, reflecting a 24 per cent increase.

The bank reported the net operating income of Dh199 million, up by 2 per cent for Q

Khaleej Times

China's ENN, Zhenhua Oil Agree LNG Deals with ADNOC

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China's privately controlled ENN Natural Gas and state-run Zhenhua Oil have each signed a term deal to buy liquefied natural gas from Abu Dhabi National Oil Company (ADNOC).

ENN Natural Gas

Asharq Al Awsat

Burgan Bank launches digital payment solution SoftPOS

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Burgan Bank has announced the launch of its new digital payment solution, SoftPOS by KNET, designed to cater to business owners and entrepreneurs. The service enables merchants to accept payments dir

Kuwait Times

Zain: Kuwait's fastest network wins five global awards from Ookla Speedtest

20/04/2025

Zain has added another illustrious chapter to its success story, reaffirming its leadership in Kuwait's telecom and ICT sector, becoming the first and only company in the country to win five global a

Kuwait Times

Different leading indicators suggest significant US economic slowdown: QNB

20/04/2025

Qatar National Bank ( QNB) has projected a significant deceleration in the US economy, with GDP growth expected to drop to 1.4 percent in 2025, compared to 2.8 percent in 2024.

In its weekly

The Peninsula