Download PDF
Market: Tadawul Symbol: 8010 ISIN: SA000A0DPSH3 Industry:Insurance

Tawuniya was incorporated in 1986, as the first licensed insurance company in Saudi Arabia. It is one of the most valuable insurance brands in Saudi Arabia and MENA. The company offers to its customers more than 60 types of insurance products as well as wide range of value-added services programs through advanced digital channels and a network of more than 60 sales branches Kingdom wide.

With its 35 years of experience, Tawuniya has acquired an extensive insurance diversified portfolio that amounted to SR 9 billion in 2020. It has also enhanced its competitive advantages and quality of services to become the first choice for all insurance customer segments in Saudi Arabia. Tawuniya has set its vision and mission based on its 2025 strategy pillars to exceed expectations through superior customer experience and service excellence.

Share data 26/06/2022
Currency SAR Volume 314,647
Previous Close 56.50 Number of Shares (mln) 125.00
Change (%) 3.48 Market Cap (mln) 7,062.50
Key Indicators (SR'000)
2019
2020
2021
Income statement      
Gross premiums written
8,375,860
9,061,768
10,218,606
Net premiums earned
6,877,318
7,042,385
7,929,662
Net underwriting income
769,955
1,016,614
857,456
Investments income
221,033
208,792
284,185
Net income before attribution and zakat
436,448
565,069
372,468
Balance sheet    
Total assets
14,114,485
14,416,794
14,633,017
Total liabilities
11,614,796
11,607,432
11,593,953
Total equity
2,499,689
2,809,362
3,039,064
Cash flow    
Net cash generated from / (used in) operating activities
263,536
-1,544,979
923,440
Net cash used in investing activities
-557,226
284,223
329,953
Net cash generated from / (used in) financing activities
400,000
-510,921
Key performance indicators (%)    
Loss ratio
84.52
77.93
83.99
Expense ratio
8.28
8.83
9.30
Return on equity
2.8
3.6
2.4
Return on asset
16.1
18.3
11.5