Timetric's "The Company for Cooperative Insurance (The Company for Cooperative Insurance) : Company Profile and SWOT Analysis" contains in depth information and data about the company and its operations. The profile contains a company overview, key facts, major products and services, SWOT analysis, business description, company history, financial analysis, mergers & acquisitions, recent developments, key employees, company locations and subsidiaries as well as competitive benchmarking data.
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The profile also contains information on business operations, company history, major products and services, key employees, and locations and subsidiaries.
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The Company for Cooperative Insurance (Tawuniya) is a general insurance company. The company offers a wide range of property and casualty insurance and medical and takful insurance products. It offers individual insurance products for motor, home, international travel, medical malpractice, shop owner, and medical. Its corporate (business) insurance products includes engineering and contractors insurance, industrial and energy insurance, motor insurance, health insurance, telecommunication and IT insurance, financial and investment insurance, transportation insurance, retail and trading insurance, and services insurance for small and medium scale enterprises(SME) It sells and distributes its products under the brand names Al-Shamel, SANAD and Balsam. Tawuniya operates in Saudi Arabia through its several branch and regional sales offices in Riyadh, Dammam, and Jeddah. Tawuniya is head quartered in Riyadh, Saudi Arabia.
The company reported gross premiums written of SAR8,055.1 million for the fiscal year ended December 2016 (FY2016), an increase of 6.8% over FY2015. Its net premiums written was SAR7,073.4 million in FY2016, an increase of 10.2% over FY2015.