timmint mi - ksa insurance weekly report (issue 2014-19)
TRANSCRIPT
SAUDI ARABIA INSURANCE
Weekly Report
Issue - 2014 Week 19
02 to 08 May, 2014
TIMMINT Market Intelligence KSA Insurance Weekly Report 02 to 08 May, 2014
2
From:
TIMMINT
Market Intelligence
To:
Whom it may concern
Subject:
Weekly Status Report, Saudi
Arabia Insurance Industry.
Issue Year 2014, Week 19
Report Sections Page
KSA INSURANCE
NEWS 2
TADAWUL
INSURANCE INDEX 4
MARKET
PERFORMANCE 5
COMPANIES
PERFORMANCE 6
Who We Are Visit our website to learn more about us www.timmint.com
Disclaimer:
This report was prepared as an
account of work sponsored by the
Company. Certain information has
been obtained from published
sources and is given as of the dates
specified. All the information in this
publication is verified to the best of
the authors’ and publisher’s ability,
but neither the company nor the
Management Team makes any
warranty, express or implied, or
assumes any legal liability or
responsibility for the accuracy
completeness or the results of such
use of the information. All such
information is subject to change
without notice.
KSA INSURANCE NEWS
BIBF and Aon Saudi Arabia Launch Pioneering Training
Initiative
Aon Academy initiative will train fresh Saudi
graduates in internationally-recognized
certifications in field of insurance.
Aon Saudi Arabia LLC and BIBF
held a signing ceremony on
Wednesday, 30th April 2014 to
launch Aon Academy, an
accredited graduate Development
Programme aimed at recruiting
and training fresh Saudi
graduates in the Kingdom of Saudi Arabia in the fields of insurance and
insurance brokerage.
Mr. Al Tamimi expressed his enthusiasm on the agreement, saying that the Academy will enable
Saudi youth to be trained and qualified to work in the insurance sector and develop it according to
global standards, and stated that the selection criteria will be announced at a later stage.
"Along with our world-class faculty, BIBF has developed internationally-accredited training
programs and materials that are unavailable anywhere else, and we look forward to seeing the
Academy achieve its desired objectives and contribute to developing Saudi youth in the insurance
sector," Mr. Al-Ajmi said.
Al-Attar concluded "The Academy will enable us to develop the expertise of fresh Saudi graduates
while supporting them to pursue their professional insurance qualifications, thus ensuring that we
will have a pool of qualified and experienced bi-lingual insurance brokerage professionals who will
lead the Company in the near future".
Source: Zawya
The TIMMINT Group is
specialized in providing
professional services to the
worldwide business
community.
TIMMINT Market Intelligence KSA Insurance Weekly Report 02 to 08 May, 2014
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Saudi MERS death toll continues to rise
Even as Saudi Arabia has announced four more deaths from the Mers coronavirus and 18 new
infections, kingdom’s health minister said the talk about developing a vaccine to avoid the virus
is premature.
“Developing the vaccine requires time and we are still in the early stages of this issue,” Adel Faqih
said, quoted by local daily Al Riyadh on Thursday.
The minister however said that the health ministry has requested assistance from Saudi Arabia’s
oil giant Aramco and the defence ministry to expand the intensive care unit at King Abdullah
medical compound in Jeddah and deal with the growing challenges posed by the Middle East
Respiratory Syndrome that has so far killed 121 people in the kingdom.
The World Health Organisation (WHO) after a five-day mission to Jeddah pinpointed breaches in
its “recommended infection prevention and control measures” as being partly responsible for an
increase in infections in the Red Sea city. Two of the latest deaths reported late on Wednesday - of
a 65-year-old woman suffering from several illnesses and a 45-year-old woman - occurred in the
capital Riyadh. Both died on Tuesday.
In Jeddah, the commercial capital, a 70-year-old woman died on Monday and a 60-year-old man
died on Tuesday, the health authorities said. Among the 18 people newly infected is a 10-year-old
boy who was taken to a government hospital in Jeddah following an accident on April 29. After he
was discharged from the hospital on May 2, Mers symptoms began to appear and he was rushed
to intensive care.
Source: Zawya
121 people
killed in the
Kingdom
TIMMINT Market Intelligence KSA Insurance Weekly Report 02 to 08 May, 2014
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TADAWUL INSURANCE INDEX
Insurance Sector Performance:
The Tadawul insurance index chart illustrates the global performance of all Saudi insurance companies in the stock market, for a
period of one year, showing a year to date change of (+18.8%).
Insurance Index - Year to Date Figures
Index as of 31 Dec Current Index Indicator YTD Change % of change
1,207.18 1,435.04 227.86 18.88%
Insurance Index (One Year)
--- Volume --- Index
Tadawul All Share Index - TASI (One Year)
--- Volume --- Index
Insurance Index - 52 Weeks Price
High Date Low Date Current Price
1,382.66 2013/04/15 1,031.43 2013/09/09 1,435.04
TIMMINT Market Intelligence KSA Insurance Weekly Report 02 to 08 May, 2014
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MARKET PERFORMANCE
The tables hereunder reflect the performance of the listed insurance companies during the last 6 days.
* Last 6 days. * Last 6 days.
* Last 6 days.
* Last 6 days. * Last 6 days.
Company Price
Begin High Low End
Tawuniya 42.7 46.7 42.5 46
Medgulf 35 36.8 34.8 36
Malath Insurance #N/A #N/A #N/A #N/A
Arabian Shield #N/A #N/A #N/A #N/A
SALAMA 38.9 39.9 38 38.8
SABB Takaful 44.9 46.4 44.5 45.2
SAICO #N/A #N/A #N/A #N/A
ATC 61 62 60.25 60.75
Gulf Union 26.8 28.1 26.6 27.1
SANAD 21 21.35 20.6 20.75
Allianz sf #N/A #N/A #N/A #N/A
Trade Union 28.3 29.1 27.8 28.1
Sagr Insurance 40.7 42.2 39.8 41.8
WAFA Insurance #N/A #N/A #N/A #N/A
AICC #N/A #N/A #N/A #N/A
Walaa Insurance 31.6 33.2 31.2 31.3
Saudi Re 13.3 13.65 13.3 13.6
Company Price
Begin High Low End
Bupa Arabia 72 88.75 69.75 85
U C A 28.2 29.1 26.7 27.8
Al-Ahlia 60 61 58.75 59
ACIG 29.2 29.8 28.2 28.8
Al Rajhi Takaful 48.1 51.5 47.1 49.6
ACE 65.25 68.25 65 67.75
Al Alamiya 93 99 89.25 96
AXA-Cooperative #N/A #N/A #N/A #N/A
Gulf General 46.4 48.2 46.1 46.7
Weqaya Takaful #N/A #N/A #N/A #N/A
Buruj 53.75 54.5 52.5 53
Wataniya 98.5 108.25 98.25 104.25
AMANA #N/A #N/A #N/A #N/A
Solidarity 25.2 26.2 25 25.7
Enaya 45.2 48.1 45 47.1
Alinma Tokio M 67 72.75 66.75 71.5
Jazira Takaful 59.25 60.5 57 58.5
ANB insurance 75.5 79.25 74.25 75.5
Top 5 Most Active by Volume
Company Volume Value
Amana Insurance 20,510,157 432,684,327
Saudi Re 14,432,503 45,272,191
Solidarity 13,080,707 125,262,354
Walaa Insurance 9,841,590 46,443,494
Jazira Takaful 9,197,286 38,922,493
Top 3 Gainers/Losers by Value
Company Change
Value %
Bupa Arabia 13 18.06
Wataniya 5.75 5.84
Alinma Tokio M 4.5 6.72
Company Change
Value %
Al-Ahlia -1 -1.67
Jazira Takaful -0.75 -1.27
Buruj -0.75 -1.4
Top 3 Gainers/Losers by Percentage
Company Change
Value %
Bupa Arabia 13 18.06
Amana Insurance 3.3 9.51
Tawuniya 3.3 7.73
Company Change
Value %
Al-Ahlia -1 -1.67
U C A -0.4 -1.42
Buruj -0.75 -1.4
TIMMINT Market Intelligence KSA Insurance Weekly Report 02 to 08 May, 2014
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COMPANIES PERFORMANCE
Tadawul – Insurance Companies Charts:
There are presently 35 listed insurance companies onto the Tadawul Stock Exchange. The charts below show their evolution in price and volume for a period of one year or since their first introduction to the list/quote.
Tawuniya
Price Change
Begin High Low End Value %
#N/A #N/A #N/A #N/A #N/A #N/A
* One year data --Volume --Last Trade Price MedGulf
Price Change
Begin High Low End Value %
27.3 37.9 20.5 36 8.7 31.87
* One year data --Volume --Last Trade Price Malath
Price Change
Begin High Low End Value %
#N/A #N/A #N/A #N/A #N/A #N/A
* One year data --Volume --Last Trade Price
Arabian Shield
Price Change
Begin High Low End Value %
51.25 58.5 29.9 56 4.75 9.27
* One year data --Volume --Last Trade Price SALAMA
Price Change
Begin High Low End Value %
60.75 66.25 32.8 38.8 -21.95 (36.13)
* One year data --Volume --Last Trade Price SABB Takaful
Price Change
Begin High Low End Value %
42.8 51.75 30 45.2 2.4 5.61
* One year data --Volume --Last Trade Price
TIMMINT Market Intelligence KSA Insurance Weekly Report 02 to 08 May, 2014
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SAICO
Price Change
Begin High Low End Value %
65 65.75 43.2 52.5 -12.5 (19.23)
* One year data --Volume --Last Trade Price ATC
Price Change
Begin High Low End Value %
#N/A #N/A #N/A #N/A #N/A #N/A
* One year data --Volume --Last Trade Price Gulf Union
Price Change
Begin High Low End Value %
28 34.3 21.2 27.1 -0.9 (3.21)
* One year data --Volume --Last Trade Price SANAD
Price Change
Begin High Low End Value %
32 33.5 17.9 20.75 -11.25 (35.16)
* One year data --Volume --Last Trade Price
Allianz SF
Price Change
Begin High Low End Value %
80 96.75 58 62.75 -17.25 (21.56)
* One year data --Volume --Last Trade Price Trade Union
Price Change
Begin High Low End Value %
27.4 30.9 19 28.1 0.7 2.55
* One year data --Volume --Last Trade Price
Sagr Insurance
Price Change
Begin High Low End Value %
27.2 42.2 21.55 41.8 14.6 53.68
* One year data --Volume --Last Trade Price WAFA Insurance
Price Change
Begin High Low End Value %
129.25 179.75 54.75 110 -19.25 (14.89)
* One year data --Volume --Last Trade Price
TIMMINT Market Intelligence KSA Insurance Weekly Report 02 to 08 May, 2014
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AICC
Price Change
Begin High Low End Value %
33.9 34.5 19.5 22.9 -11 (32.45)
* One year data --Volume --Last Trade Price Walaa Insurance
Price Change
Begin High Low End Value %
32.3 34.7 22.9 31.3 -1 (3.10)
* One year data --Volume --Last Trade Price
Saudi Re
Price Change
Begin High Low End Value %
11.05 14.15 9.45 13.6 2.55 23.08
* One year data --Volume --Last Trade Price Bupa Arabia
Price Change
Begin High Low End Value %
30.1 88.75 27 85 54.9 182.39
* One year data --Volume --Last Trade Price
UCA
Price Change
Begin High Low End Value %
#N/A #N/A #N/A #N/A #N/A #N/A
* One year data --Volume --Last Trade Price Al-Ahlia
Price Change
Begin High Low End Value %
65.5 80.25 39 59 -6.5 (9.92)
* One year data --Volume --Last Trade Price
ACIG
Price Change
Begin High Low End Value %
47.2 48 24.4 28.8 -18.4 (38.98)
* One year data --Volume --Last Trade Price AlRajhi Takaful
Price Change
Begin High Low End Value %
#N/A #N/A #N/A #N/A #N/A #N/A
* One year data --Volume --Last Trade Price
TIMMINT Market Intelligence KSA Insurance Weekly Report 02 to 08 May, 2014
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ACE
Price Change
Begin High Low End Value %
77.25 79.5 55.25 67.75 -9.5 (12.30)
* One year data --Volume --Last Trade Price
Al Alamiya
Price Change
Begin High Low End Value %
61.5 101.75 42.4 96 34.5 56.10
* One year data --Volume --Last Trade Price
AXA Cooperative
Price Change
Begin High Low End Value %
49.2 55.5 33.1 48.1 -1.1 (2.24) * One year data --Volume --Last Trade Price
Gulf General
Price Change
Begin High Low End Value %
#N/A #N/A #N/A #N/A #N/A #N/A
* One year data --Volume --Last Trade Price
Weqaya Takaful
Price Change
Begin High Low End Value %
42.4 43 24.15 25 -17.4 (41.04)
* One year data --Volume --Last Trade Price
Buruj
Price Change
Begin High Low End Value %
#N/A #N/A #N/A #N/A #N/A #N/A
* One year data --Volume --Last Trade Price
Wataniya
Price Change
Begin High Low End Value %
#N/A #N/A #N/A #N/A #N/A #N/A
* One year data --Volume --Last Trade Price
AMANA Insurance
Price Change
Begin High Low End Value %
43 48.5 30.3 38 -5 (11.63)
* One year data --Volume --Last Trade Price
TIMMINT Market Intelligence KSA Insurance Weekly Report 02 to 08 May, 2014
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Solidarity
Price Change
Begin High Low End Value %
32.5 33 22.1 25.7 -6.8 (20.92)
* One year data --Volume --Last Trade Price
Enaya
Price Change
Begin High Low End Value %
46.7 51.25 33 47.1 0.4 0.86
* One year data --Volume --Last Trade Price
Alinma Tokio M
Price Change
Begin High Low End Value %
80.5 81.25 58 71.5 -9 (11.18)
* One year data --Volume --Last Trade Price
Jazira Takaful
Price Change
Begin High Low End Value %
11 72.5 11 58.5 47.5 431.82
* 3 months data --Volume --Last Trade Price
ANB Insurance
Price Change
Begin High Low End Value %
11 87.5 11 75.5 64.5 586.36
* 3 month data --Volume --Last Trade Price
TIMMINT Market Intelligence KSA Insurance Weekly Report 02 to 08 May, 2014
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