Wataniya Insurance Company Overview
Pro stress-test →Wataniya Insurance Company was founded in 1975 and is headquartered in Jeddah, Saudi Arabia. The company operates through Marine, Property, Motor Comprehensive, Motor Third Party Liability, Engineering, Accident & Liability, and Term Life segments. It derives majority of the revenue from Motor Comprehensive segment that provides coverage against damages to vehicles due to storm, tempest, flood, fire, theft, and personal accident.
Strategic Profile
Pro stress-test →The company has a current market capitalization of $170M and operates as a diversified general insurance provider in the Saudi Arabian market. The company maintains a broad product portfolio across personal and commercial lines, positioning itself as a comprehensive insurance services provider in the Kingdom.
Competitive Landscape
Pro stress-test →Wataniya competes within Saudi Arabia's insurance market against larger players like Saudi National Insurance and smaller regional competitors. The company's focus on motor and general insurance places it in a competitive segment dominated by established players with strong brand recognition and distribution networks.
Industry Context
Wataniya Insurance Company operates in General Insurance.
Key facts
Founded: 1975 · Headquarters: Jeddah, Saudi Arabia · Revenue: $388M · Market cap: $170M