Walaa Cooperative Insurance Co - Company Profile
Powered by 
All the sales intelligence you need on Walaa Cooperative Insurance Co in one solution.
- Save hours of research time with a comprehensive
Sales Intelligence Solution.
- Understand how Walaa Cooperative Insurance Co fits into your total
addressable market and Ideal Customer Profile.
- Gain competitive edge with triggers that tell you
when and how to engage with Walaa Cooperative Insurance Co.
Get in touch about GlobalData Company reports
Contact the team or request a demo to find out how our data can drive your business forward
Walaa Cooperative Insurance Co (Walaa), a subsidiary of American International Group Inc, is a general insurance company. The company engages in cooperative insurance operations and related activities, including reinsurance and agency services. Walaa's principal lines of business encompass medical, motor, marine, fire and property, engineering, energy, aviation, casualty insurance, and protection and savings insurance. The company's products and services cater to a diverse range of customers, including individuals and businesses across various industries such as healthcare, automotive, and energy. Walaa operates through a network of distribution channels to deliver its insurance solutions. The company primarily serves the Saudi Arabian market. Walaa is headquartered in Al-Khobar, Eastern Province, Saudi Arabia.
Headquarters
Saudi Arabia
Address
P.O.Box 31616, Al-Khobar, Eastern Province, 31952
Website
www.walaa.com
Telephone
966 1 38652405
Industry
Financial Services
Ticker Symbol & Exchange
8060 (SAU)
Revenue (2025)
$695.1M
25%
(2025 vs 2024)
EPS
XYZ
Net Income (2025)
XYZ
-373.4%
(2025 vs 2024)
Market Cap*
$356.3M
Net Profit Margin (2025)
XYZ
-318.5%
(2025 vs 2024)
* As of and is in US$
Walaa Cooperative Insurance Co premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Property Insurance: | Service: |
| Fire and Allied Perils Insurance | Claims Handling Service |
| Property All Risk Insurance (PAR) | |
| XYZ | |
| XYZ | |
| XYZ |
Competitor Comparison
| Key Parameters | Walaa Cooperative Insurance Co | Gulf Insurance Group | Allied Cooperative Insurance Group | United Cooperative Assurance Co | Saudi Arabian Cooperative Insurance Co |
|---|---|---|---|---|---|
| Headquarters | Saudi Arabia | Saudi Arabia | Saudi Arabia | Saudi Arabia | Saudi Arabia |
| City | Al-Khobar | Riyadh | Riyadh | Jeddah | Riyadh |
| State/Province | Eastern Province | Riyadh | - | Riyadh | Riyadh |
| No. of Employees | - | 4,100 | - | - | 207 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Johnson Varughese | Chief Executive Officer | Senior Management | - | - |
| Wasif F. Minhas | Chief General Insurance Officer | Senior Management | - | - |
| Abdullatif Khalifah Almulhem | Chairman | Executive Board | - | - |
| Ahmed Ali Alquraishi | Vice Chairman | Executive Board | - | - |
| Saif Abbasi | Chief Financial Officer | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
Still looking?
Have you found what you were looking for? From start-ups to market leaders, uncover what they do and how they do it.
Explorer
Access more premium companies when you subscribe to Explorer