| 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 |
