Walaa Cooperative Insurance Company (8060.SE)

Also known as:  WALA'A, WALAA

About Walaa Cooperative Insurance CompanyLast updated on: 14 February 2018

Business Summary
Provides non-life insurance services and reinsurance services, all according to Islamic principles.
Country of Incorporation
Ownership Type
Established In
Primary Sector
Stock Listing
IDStock TypeCurrencyExchangeSymbol
8060.SSEOrdinarySARSaudi SE8060

Contact details

Primary address
Rabiah and Nasser Building
King Abdullah Road
2nd Floor
Saudi Arabia
Al Khobar
Eastern Province

A3 IFSR ratings affirmed for Saudi-based Walaa

The rating action follows the signing of a non-binding MoU with Metlife AIG ANB Insurance Company (Metlife AIG ANB) to evaluate a potential merger between the two companies.

Banker Middle East - 03 Jul 2019
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Mr Johnson Varughese
Chief Executive Officer
Mr Shehail Abdulaziz Ahmad Al Shehail
Chief Financial Officer
Mr Salah Mohammed Al Jaber
Chief Operating Officer

Board Members

Mr Suleiman Abdullah Hamad Al Kadi
Mr Abdulrahman Bin Abdulmohsen Bilghoneim
Mr Khalid Abdul Rahman Saleh A Al Rajhi
All People

Company information provided by © 2019 Thomson Reuters

Thomson Reuters research team update company information from primary sources (company annual reports, press releases, company websites, corporate briefings, official statements/interviews) and reliable secondary sources (stock markets, reliable third party publications).


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Wednesday outlook: Asian shares, oil prices drop, gold steadies

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