The Mediterranean and Gulf Cooperative Insurance and Reinsurance Company

Saudi Stock Exchange 8030.SR

The Mediterranean and Gulf Cooperative Insurance and Reinsurance Company Operating Income for the year ending December 31, 2023: USD 918.97 M

The Mediterranean and Gulf Cooperative Insurance and Reinsurance Company Operating Income is USD 918.97 M for the year ending December 31, 2023, a 1,167.75% change year over year. Operating income is the profit earned by a company from its normal business operations before interest and taxes are deducted.
  • The Mediterranean and Gulf Cooperative Insurance and Reinsurance Company Operating Income for the year ending December 31, 2022 was USD -86.07 M, a -138.65% change year over year.
  • The Mediterranean and Gulf Cooperative Insurance and Reinsurance Company Operating Income for the year ending December 31, 2021 was USD -36.06 M, a -346.81% change year over year.
  • The Mediterranean and Gulf Cooperative Insurance and Reinsurance Company Operating Income for the year ending December 31, 2020 was USD 14.61 M, a 186.28% change year over year.
  • The Mediterranean and Gulf Cooperative Insurance and Reinsurance Company Operating Income for the year ending December 31, 2019 was USD 5.10 M, a 109.38% change year over year.
Key data
Date Operating Income EBIT EBITDA Net Income
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Saudi Stock Exchange: 8030.SR

The Mediterranean and Gulf Cooperative Insurance and Reinsurance Company

CEO Mr. Umar Abdul Rahman Al Mahmoud
IPO Date March 4, 2010
Location Saudi Arabia
Headquarters Futuro Tower
Employees 748
Sector Finance
Industries
Description

The Mediterranean and Gulf Cooperative Insurance and Reinsurance Company provides insurance and reinsurance products and related activitiesin the Kingdom of Saudi Arabia. It offers motor third party liability and comprehensive motor insurance products, as well as group health insurance products. The company also provides protection and savings, travel, property, engineering, contractors' all risks, machinery breakdown, stock deterioration, contractors' equipment, erection all risks, electronic device, aviation and air transport, money, comprehensive bank, fidelity, personal accidents, professional and product liability, workers' compensation and employer liability, marine cargo, and marine hull insurance products. The Mediterranean and Gulf Cooperative Insurance and Reinsurance Company was founded in 2006 and is headquartered in Riyadh, the Kingdom of Saudi Arabia.

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StockViz Staff

January 15, 2025

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