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XSAU
8250
Market cap347mUSD
Nov 12, Last price  
24.88SAR
Name

Gulf Insurance Group SJSC

Chart & performance

D1W1MN
XSAU:8250 chart
P/E
10.35
P/S
0.96
EPS
2.40
Div yield, %
12.06%
Shrs. gr., 5y
—
Rev. gr., 5y
0.28%
Revenues
1.36b
-1.73%
495,576,000338,080,000408,888,000460,486,000669,326,000883,411,0001,029,862,0001,092,685,0001,264,184,0001,318,558,0001,317,097,0001,337,077,0001,360,264,0001,425,731,0001,504,339,0001,379,606,0001,355,675,000
Net income
126m
+28.51%
-7,215,0004,704,000-34,927,00010,302,00014,747,00019,315,00030,286,00046,620,000066,425,00096,403,000155,062,000154,553,00015,913,000128,526,00098,195,000126,189,000
CFO
64m
-10.43%
-6,597,000-965,0008,154,00015,589,000129,556,000198,106,00067,623,000161,029,000321,639,000221,266,000235,019,000275,294,000113,446,00078,943,000178,476,00071,174,00063,753,000
Dividend
May 14, 20261.2 SAR/sh

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Profile

Gulf Insurance Group offers a comprehensive suite of insurance and reinsurance solutions tailored for individuals, small and medium-sized enterprises (SMEs), and larger corporate clients, primarily operating within Saudi Arabia. The company's product portfolio for personal and SME needs includes automobile, travel, residential, personal accident, and medical insurance. For businesses, Gulf Insurance Group provides an extensive range of policies covering motor fleets, healthcare, corporate travel, marine, life, and group personal accidents. Additionally, it delivers specialized commercial protections such as money insurance, all-risk business coverage, general and product third-party liability, workmen's compensation/employer's liability, contractors' and erection all-risk, machinery and electronic equipment breakdown, and death and disability insurance. Established in 2008, the company operated as AXA Cooperative Insurance Company until June 2022, when it rebranded to its current name. Gulf Insurance Group maintains its headquarters in Kuwait City, Kuwait.

Key people

Khalid Al-Shuwaier
Chief Executive Officer
Babar Ali Khan
Deputy Chief Executive Officer, Chief Financial Officer · since 2022
Bijan Khosrowshahi
Non-Executive Vice Chairman of the Board · since 2022
Mohammed Al Jebreen
Head - Human Resources
Jassim Al Khalifa
Head - Sales · since 2022
Manal Alkhathlan
Deputy Chief Financial Officer
Abdulhameed Sheikh El-Din
Technical Underwriting Manager
Paul Adamson
Non-Executive Member of the Board · since 2022
Non-Executive Member of the Board · since 2021
Osama Kamela Kishk
Non-Executive Member of the Board · since 2021
Farid Saber
Non-Executive Member of the Board · since 2021
Yousef Saleh Abalkhail
Independent Non-Executive Chairman of the Board · since 2015
Omar Abdul Rahman Al Jeraisy
Independent Member of the Board · since 2022
Hani Al Obaid
Independent Member of the Board
IPO date
Jul 27, 2009
Employees
Domiciled in
SA
Incorporated in
SA
Headquarters & legal address
PO Box 753
Riyadh 11421
SA
Previous name
AXA Cooperative Insurance Company

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