companyprofile

Actions

Gulf Insurance Group

8250
GIG
Add To Watchlist
In your Watchlist
Add To Watchlist
  • Main Market
  • Insurance

Stats Overview

  • Prev. Close 28.10
  • Open 28.30
  • High 28.55
  • Low 27.55
  • No. of Trades 405
  • Avg. Trade size* 379
  • Volume Traded 153,367
  • Value Traded (SAR) 4,285,546.10

Performance

GIG
-0.30 ( -1.07% )
Compare
Name Price Change %
Gulf Insurance Group 28.30 -1.07%
Note: Prices are delayed minimum 5 minutes
  • *Average Trade Size = Cumulative / # of Trades
  • **52 Week Price Change =   (Current Price - Price year ago) / Price year ago x 100
  • Historical prices & volume traded data are adjusted to account for all corporate actions.
  • MO: Market Order

Trade Updates

Last Trade

Price
27.80
% Change
-1.07
Volume Traded
4

Best Bid

Price 27.65
Volume 10

Best Offer

Price 27.80
Volume 298

52 WEEK

High
41.55
2024/03/26
Low
25.60
2023/11/30
Change**
-7.67

PERFORMANCE

Start of Year
26.65
Year ago
30.11
3 Years ago
37.16

Compare Selected

Select a Maximum of 5 Companies

Compare Selected

LoginPortletPopupv2

Actions

AddtoWatchlistv2

Actions

Add to watchlist

AnnouncmentandCorporateAction

Actions
Jump To :
  • Announcements & Corporate Actions
  • Dividends
  • Financials
  • Shareholding
  • Peer Comparison
  • Company Profile

Announcements

  • Gulf Insurance Group Announces an update on Gulf Insurance Group (GIG) Announced that It has been rated (A-) with stable outlook by S&P Global Ratings.

    8250
    GIG -1.07 %
    1445/12/17     23/06/2024 08:24:21
  • Addendum Announcement from Gulf Insurance Group in regards to Results of the Ordinary General Assembly Meeting, (First Meeting)

    8250
    GIG -1.07 %
    1445/11/25     02/06/2024 07:50:21
  • Gulf Insurance Group Announces the Results of the Ordinary General Assembly Meeting, ( First Meeting )

    8250
    GIG -1.07 %
    1445/11/22     30/05/2024 08:02:55
  • Gulf Insurance Group "GIG" announces obtaining the approval of the insurance authority to renew of its annual qualifying license for medical insurance practice.

    8250
    GIG -1.07 %
    1445/10/28     07/05/2024 16:12:27
  • Gulf Insurance Group (GIG) Announces that It has been rated (A-) with stable outlook by S&P Global Ratings.

    8250
    GIG -1.07 %
    1445/10/28     07/05/2024 08:01:58
View All

Corporate Actions

Upcoming Events

    Past Events

      Jump To :
      • Announcements & Corporate Actions
      • Dividends
      • Financials
      • Shareholding
      • Peer Comparison
      • Company Profile

      Dividends

      Announced Date Eligibility Date Distribution Date Distribution Way Dividend Amount
      14/04/2024 N/A N/A Account Transfer 1.50
      17/05/2023 18/06/2023 04/07/2023 Account Transfer 0.50
      17/03/2022 15/05/2022 02/06/2022 Account Transfer 1.00

      CompanyProfilev2Financials

      Actions
      Jump To:
      • Announcements & Corporate Actions
      • Dividends
      • Financials
      • Shareholding
      • Peer Comparison
      • Company Profile

      Financials

      • FINANCIAL INFORMATION
      • FINANCIAL STATEMENTS AND REPORTS
      • Annually
      • Quarterly
      Balance Sheet 2023-12-31
      Total Assets
      2,960,458
      - - -
      Total Liabilities
      1,895,618
      - - -
      Total Shareholders Equity (After Deducting the Minority Equity)
      1,064,840
      - - -
      Total Liabilities and Shareholders Equity
      2,960,458
      - - -
      Statement of Income 2023-12-31
      Total Revenue (Sales/Operating)
      1,564,749
      - - -
      Net Profit (Loss) before Zakat and Tax
      155,367
      - - -
      Zakat and Income Tax
      -26,841
      - - -
      Net Profit (Loss) after Zakat and Tax
      128,526
      - - -
      Total Comprehensive Income
      150,806
      - - -
      Profit (Loss) per Share
      2.45
      - - -
      Cash Flow 2023-12-31
      Net Cash From Operating Activities
      178,476
      - - -
      Net Cash From Investing Activities
      -253,155
      - - -
      Net Cash From Financing Activities
      -31,116
      - - -
      Cash and Cash Equivalents, Beginning of the Period
      334,586
      - - -
      Cash and Cash Equivalents, End of the Period
      228,791
      - - -
      All Figures in Thousands
      All Currency In SAR
      Last Update Date 2024-02-29

      The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate. The above information does not replace detailed financial statements, as detailed financial statements are the reliable source that must be consulted to obtain accurate financial information.

      Balance Sheet 2023-06-30 2023-03-31
      Total Assets
      3,131,134
      2,650,554
      Total Liabilities
      2,116,256
      1,620,983
      Total Shareholders Equity (After Deducting the Minority Equity)
      1,014,878
      1,029,571
      Total Liabilities and Shareholders Equity
      3,131,134
      2,650,554
      Statement of Income 2023-06-30 2023-03-31
      Total Revenue (Sales/Operating)
      388,230
      390,650
      Net Profit (Loss) before Zakat and Tax
      43,630
      68,933
      Zakat and Income Tax
      -3,942
      -12,242
      Net Profit (Loss) after Zakat and Tax
      39,688
      56,691
      Total Comprehensive Income
      10,307
      89,812
      Profit (Loss) per Share
      0.79
      1.13
      Cash Flow 2023-06-30 2023-03-31
      Net Cash From Operating Activities
      16,335
      -29,430
      Net Cash From Investing Activities
      -104,927
      11,348
      Net Cash From Financing Activities
      -25,000
      2,284
      Cash and Cash Equivalents, Beginning of the Period
      334,586
      334,586
      Cash and Cash Equivalents, End of the Period
      220,994
      318,788
      All Figures in Thousands Thousands
      All Currency In SAR SAR
      Last Update Date 2023-11-16 2023-11-16

      The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate. The above information does not replace detailed financial statements, as detailed financial statements are the reliable source that must be consulted to obtain accurate financial information.

      Display Previous Periods
      Jump To:
      • Announcements & Corporate Actions
      • Dividends
      • Financials
      • Shareholding
      • Peer Comparison
      • Company Profile

      Shareholding Information

      • Board Of Directors
      • Foreign Ownership
      • Substantial Shareholders
      Time Period
      -
      Search
      Trading Date Shareholders Designation Shares Held Trading Day Shares Held Prev Trading Day Change
      2024-06-23 يوسف صالح منصور اباالخيل Chairman 0.2553086% 0.2553086% 0
      2024-06-23 هاني ابراهيم احمد عبيد Board of Directors 0.0000381% 0.0000381% 0
      2024-06-23 عمر عبدالرحمن علي الجريسي Board of Directors 0.0022210% 0.0022210% 0
      • The listed company (Publisher) shall be responsible for the accuracy of the published information pertaining to the ownership of the Board of Directors, Chief Executive Officer or highest executive position, and the Chief Financial Officer. The listed company shall also be responsible for updating these information thereof. Therefore, the Saudi Stock Exchange (Tadawul) shall not be liable for the information contained therein, nor for any consequences that may result from the said information.
      for
      subs
      Jump To:
      • Announcements & Corporate Actions
      • Dividends
      • Financials
      • Shareholding
      • Peer Comparison
      • Company Profile

      Peer Comparison

      • Table
      • Graphical
      Add Company

      Compare Selected

      Select a Maximum of 5 Companies

      Company Apply
      Gulf Insurance Group
      Price 27.80
      Market Cap (SAR MN) 1,473
      P/E Ratio 23.69
      Index Name Index Level 1D Return
      Gulf Insurance Group %
      Jump To:
      • Announcements & Corporate Actions
      • Dividends
      • Financials
      • Shareholding
      • Peer Comparison
      • Company Profile

      Company Profile

      Company overview

      The Company provides diversified insurance and reinsurance products in various classes including Engineering, Fire and Property, Marine (Cargo), Accident & liability, Motor, Health and Group Life insurance.

      Company History

      Gulf Insurance Group (GIG) is a public listed Saudi Joint Stock Company registered in Saudi Arabia established by Royal Decree Number M/36 dated 27/6/1429 H corresponding to 01/07/2008 G and incorporated vide Ministerial Order No Q/192, dated 10 Jumada II 1430H, corresponding to June 3, 2009 (date of incorporation) and incorporated on 20/07/1430 under Commercial Registration No. 1010271203. with offices now located in each of the three key economic regions of the Kingdom: Riyadh, Jeddah and Al Khobar. Gulf Insurance was established in 1962. The Group is among the largest and most diversified insurance groups in the Middle East and North Africa region. It is one of the leading private insurers (By Premium Volume) with a strong competitive market position in Kuwait, Jordan, Bahrain and Egypt. Furthermore, the Group has operations in UAE, Turkey, Algeria, Oman, Qatar, Syria, Iraq and Lebanon. The Group''s both revenue and earnings are well diversified geographically. This regional coverage will enable the Company to leverage off the GIG Group''s size and experience to differentiate their products and services to meet the needs of individual and corporate customers in Saudi Arabia.

      Company Bylaws

      Click here

      Equity Profile

      • Authorized Capital (SAR) 525,000,000
      • Issued Shares 52,500,000
      • Paid Capital (SAR) 525,000,000
      • Par Value/Share 10
      • Paid Up Value/Share 10

      Last Update :2023-11-19

      Investment limits

      There are no investment limits on the companys shares as per the amended Rules for Qualified Financial Institutions Investment in listed Securities and Instructions for the foreign Strategic Investors Ownership in Listed Companies based on Companys bylaw and the issued instruction by the related regulators and supervisory authorities.

       

      • Company Details
      • BOARD OF DIRECTORS AND SENIOR EXECUTIVES INFORMATION
      • Date Established

        2009/06/03

      • Financial Year End

        31/12

      • Listing Date

        2009/07/27

      • External Auditors

        [PricewaterhouseCoopers Public Accountants, RSM Allied Accountants for Professional Services]

      • ISIN CODE

        SA12A0540T12

      • Number of Employees

        -

      • Chairman

        Yousef S Abalkhail
        Independent

        Yousef S Abalkhail
        • BD Session Start
          2021-08-01
          Designation
          Chairman
        • BD Session End
          2024-07-31
          Classification
          Independent
      • Board of Directors

        Paul Adamson Non - Executive

        Paul Adamson
        • BD Session Start
          2021-08-01
          Designation
          Board of Directors
        • BD Session End
          2024-07-31
          Classification
          Non - Executive

        Omar Abdulrahman Al Jeraisy Independent

        Omar Abdulrahman Al Jeraisy
        • BD Session Start
          2021-08-01
          Designation
          Board of Directors
        • BD Session End
          2024-07-31
          Classification
          Independent

        Hani Ibrahim Obaid Independent

        Hani Ibrahim Obaid
        • BD Session Start
          2021-08-01
          Designation
          Board of Directors
        • BD Session End
          2024-07-31
          Classification
          Independent

        Bijan Khosrowshahi Non - Executive

        Bijan Khosrowshahi
        • BD Session Start
          2021-09-06
          Designation
          Board of Directors
        • BD Session End
          2024-07-31
          Classification
          Non - Executive

        Jean Cloutier Non - Executive

        Jean Cloutier
        • BD Session Start
          2021-09-06
          Designation
          Board of Directors
        • BD Session End
          2024-07-31
          Classification
          Non - Executive

        Farid Saber Non - Executive

        Farid Saber
        • BD Session Start
          2021-09-06
          Designation
          Board of Directors
        • BD Session End
          2024-07-31
          Classification
          Non - Executive

        Osama Kamela Kishk Non - Executive

        Osama Kamela Kishk
        • BD Session Start
          2021-09-06
          Designation
          Board of Directors
        • BD Session End
          2024-07-31
          Classification
          Non - Executive
      • Senior Executives

        Babar Ali Khan CFO

        Babar Ali Khan
        • BD Session Start
          2015-05-01
          Designation
          Senior Executives
        • BD Session End
          -
          Classification
          CFO

        Khalid Abdulaziz Alshuwaier CEO

      Khalid Abdulaziz Alshuwaier
      • BD Session Start
        2022-01-13
        Designation
        Senior Executives
      • BD Session End
        -
        Classification
        CEO

      Investor Relations

      Contact Name:

      Othub Sulaiman Alnasser

      Company Address:

      Al Malik Abdullah Ibn Abdulaziz Rd Al Nuzha Dist Riyadh 12471, Kingdom of Saudi Arabia

      Contact Details:

      Telephone: 0112730501
      Fax : -
      Email : othub.alnasser@gig.sa

      Company Website:

      https://www.gig.sa


      Add To Watchlist
      In your Watchlist
      Add To Watchlist

      The Capital Market Authority and Saudi Exchange take no responsibility for the contents of these disclosures, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of these disclosures, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.