Al-Etihad Cooperative Insurance Co.

Trading Name: ALETIHAD

Trading Number: 8170

Commercial Sector: Insurance

Last Price: 14.36

Close price

14.36 SAR

Market Value

646.2 (Million)

Paid Capital

450 Million SAR

Multiplier of the book value

1.200

Earnings per share

0.374

PE

38.37

Next distribution date

-

Last distribution date

-

Yearly distribution percent

-

Issued shares

45 (Million)

52 Weeks change

HIGHEST

20.55

LOWEST

12.80

Performance

START OF YEAR

17.70

YEAR AGO

20.42

3 YEARS AGO

11.89

All numbers are in a thousand SAR
List Item 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
Insurance operations assets
Investments and cash with banks
662,419 603,230 671,499 760,497
Accounts receivable, net
164,107 197,769 180,494 187,976
other assets
237,755 217,809 170,800 197,385
Total assets of insurance operations
1,064,281 1,018,808 1,022,793 1,145,858
Shareholder's assets
Investments and cash with banks
559,238 434,973 458,937 386,199
other assets
5,502 6,206 5,173 19,577
Shareholders' total assets
564,740 441,179 464,110 405,776
total assets
1,629,021 1,459,987 1,486,903 1,551,634
Insurance operations liabilities
Reinsurance receivables
12,964 7,390 12,084 13,203
Technical reserves
844,018 757,412 818,426 901,778
Other requirements
184,722 149,852 143,236 147,528
Total insurance operations liabilities
1,041,704 914,654 973,746 1,062,509
Shareholders' Equity and Liabilities
Shareholders' liabilities
32,956 32,778 32,867 56,713
Shareholders' equity
554,361 512,555 480,290 432,412
Total liabilities and shareholders' equity
587,317 545,333 513,157 489,125
Total Liabilities
1,629,021 1,459,987 1,486,903 1,551,634
All numbers are in a thousand SAR
List Item Q2 2022 Q1 2022 Q4 2021 Q2 2021 Q1 2021 Q4 2020 Q3 2020 Q2 2020 Q1 2020 Q4 2019
Insurance operations assets
Investments and cash with banks
700,778 644,492 0 633,789
Accounts receivable, net
218,486 211,465 0 138,469
other assets
265,222 292,385 0 214,878
Total assets of insurance operations
1,184,486 1,148,342 0 987,136
Shareholder's assets
Investments and cash with banks
569,101 617,373 0 456,072
other assets
6,353 25,706 0 4,884
Shareholders' total assets
575,454 643,079 0 460,956
total assets
1,759,940 1,791,421 0 1,448,092
Insurance operations liabilities
Reinsurance receivables
20,664 21,087 0 13,035
Technical reserves
968,389 900,824 0 701,528
Other requirements
195,433 226,431 0 155,969
Total insurance operations liabilities
1,184,486 1,148,342 0 870,532
Shareholders' Equity and Liabilities
Shareholders' liabilities
38,436 78,779 0 26,574
Shareholders' equity
537,018 564,300 0 550,986
Total liabilities and shareholders' equity
575,454 643,079 0 577,560
Total Liabilities
1,759,940 1,791,421 0 1,448,092
All numbers are in a thousand SAR
List Item 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
List of results of insurance operations and surplus
Gross Written Premiums
865,478 741,665 861,936 929,775
net earned premiums
760,616 739,754 819,682 740,786
Reinsurance commission
10,604 11,181 11,015 11,190
Other insurance income
13,148 18,480 15,218 23,933
Investment income and other income
8,574 9,482 19,682 20,551
Total revenue
792,942 778,897 865,597 796,460
Total Claims Paid
540,950 524,594 682,766 552,842
net claims incurred
560,439 481,677 611,731 535,437
Insurance policy acquisition costs
55,077 40,452 43,650 49,684
Excess loss insurance expenses
19,730 14,239 26,162 18,922
Other expenses
132,611 126,802 129,558 99,807
Total costs and expenses
767,857 663,170 811,101 703,850
Net surplus after shareholder's share
2,508 11,573 5,449 9,261
Accumulated surplus at the end of the period
2,508 11,573 5,449 9,261
shareholder income statement
Investment income and management fees
27,909 -61,687 17,210 6,388
Other income
0 0 0 0
Shareholders' share of the net surplus
22,577 104,154 49,047 83,349
General and administrative expenses
2,054 2,353 1,949 1,602
net profit (loss) for the period
48,432 40,114 64,308 88,135
List of changes in retained earnings
Balance beginning of the period
73,732 51,640 107,140 51,031
net profit (loss) for the period
33,432 -27,614 50,308 88,136
Converted to reserves
6,686 5,522 -10,060 -32,027
Suggested Dividends
0 0 0 0
Other Distributions
0 0 -95,745 0
Balance at the end of the period
100,478 73,732 51,641 107,140
All numbers are in a thousand SAR
List Item Q2 2022 Q1 2022 Q4 2021 Q2 2021 Q1 2021 Q4 2020 Q3 2020 Q2 2020 Q1 2020 Q4 2019
List of results of insurance operations and surplus
Gross Written Premiums
282,929 301,410 0 157,426
net earned premiums
243,521 210,076 0 184,053
Reinsurance commission
3,133 3,064 0 2,670