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About Saudi Arabian Cooperative Insurance Company SAICO

SAICO Insurance, officially known as the Saudi Arabian Cooperative Insurance Company, is a publicly listed joint stock company based in Riyadh. It operates on the Saudi Stock Exchange under the symbol 8100. The company specializes in providing a wide range of general insurance services, including vehicle, health, property, marine, and aviation insurance, as well as specialized coverage for the energy sector and small to medium enterprises. SAICO has received an A- Insurance Financial Strength Rating from SIMAH Rating Agency, indicating its financial stability. In 2024, the company reported significant revenue from various insurance sectors, including SAR 39.92 million from car insurance and SAR 8.04 million from property and accident insurance. Additionally, SAICO offers unified medical documentation services and engages in insurance pools, contributing to its diverse income streams. The company serves corporate clients, individuals, and SMEs with tailored insurance solutions.

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