Aljazira Takaful Ta’awuni Company (8012) Stock Overview

Aljazira Takaful Taawuni Company provides various insurance products and services in the Kingdom of Saudi Arabia. The company operates through five segments: Medical, Motor, General, Individual Life, and Group Life. The Medical segment offers medical care to the members of organizations and their dependents on a group basis and individuals in a wide network of hospitals and medical centers. The Motor segment offers third-party liability vehicle insurance products, which covers the amounts payable to third parties by the insured; and vehicle insurance product, which covers all losses or damages incurred to the vehicle, including third party liability. The General segment offers fire and property, marine, engineering, other liability insurance contracts, and other insurance products. The Individual Life segment offers life insurance products, which include unit-linked investment-oriented products on an individual basis. The Group Life segment provides life protection programs to the members of organizations on a group basis, as well as credit protection benefits in respect of personal loan given by financing organization. This segment also includes protection benefits in respect of various credit facilities other than personal loans extended by the financing organizations to its customers. The company was incorporated in 2010 and is based in Jeddah, the Kingdom of Saudi Arabia.