Arabian Shield Cooperative Insurance Company is an insurance companies within the
Kingdom of Saudi Arabia
Saudi Arabia, officially the Kingdom of Saudi Arabia (KSA), is a country in West Asia. Located in the centre of the Middle East, it covers the bulk of the Arabian Peninsula and has a land area of about , making it the List of Asian countries ...
.
History
The company was established on May 19, 2007. It is located in
Riyadh
Riyadh is the capital and largest city of Saudi Arabia. It is also the capital of the Riyadh Province and the centre of the Riyadh Governorate. Located on the eastern bank of Wadi Hanifa, the current form of the metropolis largely emerged in th ...
. It operates as a Saudi
public
In public relations and communication science, publics are groups of individual people, and the public (a.k.a. the general public) is the totality of such groupings. This is a different concept to the sociology, sociological concept of the ''Öf ...
joint stock company
A joint-stock company (JSC) is a business entity in which shares of the company's capital stock, stock can be bought and sold by shareholders. Each shareholder owns company stock in proportion, evidenced by their share (finance), shares (certifi ...
and is licensed by
Saudi Arabian Monetary Agency
The Saudi Central Bank (), previously known as the Saudi Arabian Monetary Authority (SAMA; ), established in 1952, is the central bank of the Kingdom of Saudi Arabia. Despite the name change in 2020, the Saudi Central Bank has continued to use t ...
(SAMA)."
[
]
Summary
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.[
]
2012
Arabian Shield Cooperative Insurance Company was among the major gainers in Saudi markets gaining more than 35% during the first month of the year.
See also
* Saudi Arabia
Saudi Arabia, officially the Kingdom of Saudi Arabia (KSA), is a country in West Asia. Located in the centre of the Middle East, it covers the bulk of the Arabian Peninsula and has a land area of about , making it the List of Asian countries ...
* Health care in Saudi Arabia
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 ...
* Saudi Commission for Health Specialties
References
{{Reflist
Financial services companies established in 2007
Insurance companies of Saudi Arabia
Companies based in Riyadh
Saudi Arabian companies established in 2007