Allied Cooperative Insurance Group (8150) Stock Overview

Allied Cooperative Insurance Group engages in the cooperative insurance operations and related activities in the Kingdom of Saudi Arabia. It offers motor insurance products that includes comprehensive and third-party liability insurance, as well as storm, tempest, flood, theft, and personal accident insurance products; general accident insurance products, such as money, fidelity guarantee, business all risk, business travel, and exhibition insurance products; and liability insurance products comprising general third-party liability, product liability, workmen's compensation/employer's liability, and professional indemnity. The company also provides engineering insurance products, including machinery breakdown and electronic equipment insurance products; contractor's all risk insurance products that covers erection, construction of buildings, or civil engineering works, such as houses, shops, blocks of flats, factory buildings, roads, buildings, roads, bridges, sewage works, and reservoirs; and erection all risk insurance products, which comprise erection or installation of plant and machinery, including power stations, oil refineries, chemical works, cement works, metallic structures, and factories with plant and machinery. In addition, it offers medical insurance for treatment of a disease, illness, and injury; and medical malpractice, deterioration of stocks, loss of profit FMB, travel care, home, shop, visitor, domestic helper, and marine insurance products; and property all risks and fire insurance policies. The company was incorporated in 2007 and is based in Riyadh, the Kingdom of Saudi Arabia.