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Malath Cooperative Insurance Company Sjsc 8020.SR · SAR

Financials · Tadawul · 🇸🇦 Saudi Arabia

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8.88

+2.07%

Close of 9 Nov 2026, in SAR

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About Malath Cooperative Insurance Company Sjsc

Its shares trade on Tadawul under the ticker 8020.SR. It has been listed since 18 February 2007. In the fiscal year to 31 December 2025, it reported net income of SAR 21.7m. At that date it held total assets of SAR 1.22bn and shareholders' equity of SAR 462.3m.

Malath Cooperative Insurance Co. engages in the provision of general insurance solutions. The company is headquartered in Riyadh, Riyadh. The company went IPO on 2007-02-18. The firm operates through three business segments: The Health Insurance segment offers health insurance for corporate and individual customers; The Motor insurance segment covers third party and a range of motor insurance products and services, and the General insurance segment includes property, engineering, accident, marine and group life insurance, among others. The firm operates though its head office and three regional offices in central, eastern and western areas, and a network of branches located across the Kingdom of Saudi Arabia.

Figures and description from our data supplier, not checked against the company's own report.

Company facts

Sector
Financials
Industry
Insurance
Listed since
18 Feb 2007

Leadership

Pay as last reported

  • Mr. Mohammed Bin Ali Al AmmariNon-Executive Chairman of the Board, since 2022SAR 20,000
  • Mr. Fawaz Bin Abdul Rahman Al-hijjiChief Executive Officer, Managing Director, Executive Director, since 2022SAR 60,000
  • Mr. Bader Bin Ali Al AliNon-Executive Independent Vice Chairman of the Board, since 2023SAR 50,000
  • Mr. Abdullah Yusef Al-HussainiChief Financial Officer
  • Mr. Tariq Saleh Al-GhamdiExecutive Vice President - Property and Accident Insurance
  • Mr. Ahmed Mohamed Al-RakafExecutive Vice President - Health and Life Insurance
  • Mr. Mamdouh Bin Saud Al SharhanIndependent Director of the Board, since 2022SAR 50,000
  • Mr. Muhammad Abdullah Al-JumaaIndependent Director of the Board
  • Mr. Abdul Hamid Abdulaziz Al-OhalIndependent Director of the Board
  • Mr. Yasser Rashid Al-RasheedIndependent Director of the Board
  • Mr. Amr Bin Abdullah Bin ShalhoubIndependent Director of the BoardSAR 80,000
  • Mr. Amr Bin Abdul Razzaq AlnemariIndependent Director of the BoardSAR 150,000

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
0
Environment
0
Social
0
Governance
0

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • Malath Cooperative Insurance Company Sjsc operates in Riyadh, Saudi Arabia, providing comprehensive insurance solutions.
  • The company's three business segments cover health, motor, and general insurance needs effectively.
  • Malath has a strong presence across Saudi Arabia with regional offices and branches nationwide.

Weaknesses

  • Malath Cooperative Insurance Company Sjsc has no international operations beyond Saudi Arabia.
  • The company's IPO was in 2007, indicating limited recent market expansion.
  • Malath relies solely on the Saudi insurance market without diversification into other countries.

Opportunities

  • Saudi Arabia's growing population offers expanding health insurance demand for Malath.
  • The Motor insurance segment can capitalize on increasing vehicle ownership rates in the Kingdom.
  • General insurance segments can benefit from Saudi Arabia's infrastructure development projects.

Threats

  • Malath faces competition from other Saudi insurance firms in the domestic market.
  • Economic fluctuations in Saudi Arabia could impact insurance demand and premiums.
  • Regulatory changes in the Saudi insurance sector may affect Malath's operations.

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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