Al-Etihad Cooperative Insurance Company Overview
Pro stress-test →Al-Etihad Cooperative Insurance Company provides insurance services in Saudi Arabia, offering property, motor, marine, medical and health, general accident, engineering and construction, travel, and other general insurance products. With a paid-up capital of SAR 400 million, it is one of the largest insurance companies in the Kingdom.
Strategic Profile
Pro stress-test →The company operates in Motor, Medical, and Property and casualty segments. Authorized to transact all classes of insurance except life insurance and supervised by SAMA, the company positions itself as a leader in tailor-made insurance solutions for businesses throughout the Kingdom.
Competitive Landscape
Pro stress-test →Al-Etihad competes in Saudi Arabia's regulated insurance market alongside established peers including BUPA Arabia, GIG, Chubb Arabia, Wataniya Insurance, and Arabian Cooperative Insurance. The market is dominated by large domestic cooperatives serving the mandatory motor and medical insurance segments plus optional property and casualty products.
Industry Context
Al-Etihad Cooperative Insurance Company operates in General and Cooperative Insurance - Saudi Arabia.
Key facts
Founded: 2008 · Headquarters: Al Khobar, Saudi Arabia · Market cap: $541M