About Tawuniya

The Company for Cooperative Insurance (Tawuniya) is a Saudi Joint Stock Company established in Riyadh by Royal Decree No. M/5, and incorporated on 18 January 1986 under Commercial Registration No. 1010061695...

Chairman’s Message

Tawuniya has delivered remarkably strong results in 2022 underpinned by healthy and steadfast growth in all business lines, enabling the company to consolidate its position as the top insurance company in the Kingdom.

Chief Executive Officer’s Message

Tawnuniya’s Gross Written Premiums surpassed SAR 14 Bn. in 2022, growing by more than 40% and marking a record high over our company’s history spanning more than 36 years.

2022 Highlights

Total assets - 2022

SAR 18.9 Bn.

2021: SAR 14.7 Bn.

28.6%

Total equity - 2022

SAR 3.4 Bn.

2021: SAR 3.0 Bn.

13.3%

Gross Written Premiums (GWP) - 2022

SAR 14.3 Bn.

2021: SAR 10.2 Bn.

40.2%

Paid-up capital - 2022

SAR 1.25 Bn.

Net earned premiums - 2022

SAR 10.6 Bn.

2021: SAR 7.9 Bn.

34.2%