Salama Cooperative Insurance Company

The company is organized into three business segments.

Salama cooperative insurance company. Intensive and coronary care unit. Salama cooperative insurance company provides a comprehensive cover for healthcare that complies with cchi regulations through the appointed health service providers with high standards. Stock price and performance people related news press releases peers. 31 2019 the insurer said in a bourse statement.

Salama cooperative insurance company has cut its accumulated losses to less than 20 of the capital over the first half h1 of 2020. Salama cooperative insurance company has appointed sami zouagui as its board secretary on the 19th july 2020 according to a bourse filing. Salama cooperative insurance co. The medical segment provides compensation to holders for expenses incurred in treatment of a disease illness or injury.

The company achieved net income attributable to shareholders for h1 2020 of sar 3 4 million which led to a decrease in accumulated losses by 6 5 compared to dec. Salama cooperative insurance co. Box 4020 jeddah 21491 kingdom of saudi arabia tel. We connect members with the best care and cost outcomes through our regional and international network of fully credentialed consultants and our broad range of services inpatient and daycare benefit.

Salama cooperative insurance company is a leading company in one of the fastest growing and most dynamic industries in saudi arabia. Thousands of employers and groups trust salama to administer their employees health benefits. Salama cooperative insurance company 8050 se salama cooperative insurance company. We are proud to be part of this forward looking industry in saudi arabia.

The continuous growth and diversification of the insurance industry and salama is reflected in tadawul the saudi stock market. 966 266 47877 fax. We cover corporate groups and sme s through various medical products. Said its accumulated losses decreased to 19 59 of the capital equivalent to sar 48 98 million on june 30 2020.

12th 13th floor salama tower madinah road p o. The motor segment provides coverage against losses and. Salama cooperative insurance co sjsc formerly saudi iaic cooperative insurance company salama is a saudi arabia based joint stock company engaged in the provision of cooperative insurance solutions in compliance with islamic sharia takaful principles. Data delayed by 15 minutes.

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