Total Count 199

Wafa Insurance - Latest News

18/04/2019
Wafa moves headquarter to a new location
Argaam
03/04/2019
Wafa Insurance says 2018 financials to be disclosed by May 30
Argaam
31/03/2019
Wafa Insurance says Q4 2018 financials to be delayed
Argaam
26/02/2019
CMA extends Wafa suspension
Argaam
13/02/2019
Wafa Insurance granted 150 days to submit restructuring plan
Argaam
03/12/2018
Combined profit of Saudi insurers down 41% in 9M 2018
Argaam Special
02/12/2018
Wafa to file for financial restructuring under the new bankruptcy law
Argaam
12/11/2018
Tadawul halts trading on Wafa Insurance shares
Argaam
11/11/2018
Wafa Insurance says Q3 financials to be delayed
Argaam
05/11/2018
Wafa Insurance recommends capital cut, amending activities to avoid liquidation
Argaam
18/09/2018
Wafa gets SAMA’s nod on capital hike
Argaam
16/09/2018
Wafa recommends SAR 220 mln rights issue
Argaam
11/09/2018
Wafa Insurance to increase capital; appoints vice-chairman
Argaam
10/09/2018
Saudi health insurers’ aggregate GWPs slide 2% in H1 2018
Argaam Special
06/09/2018
Wafa Insurance says a decision must be made on capital hike before Sept. 11
Argaam
05/09/2018
Wafa to deposit proceeds from fractional shares on Sept.17
Argaam
05/09/2018
Saudi insurers' gross written premiums down 8% in H1
Argaam Special
04/09/2018
Wafa to vote on capital hike procedures on September 10
Argaam
30/08/2018
Wafa Insurance faces closure if EGM not held before Sept.11
Argaam
16/08/2018
Wafa shareholders to decide on capital hike or termination Sept. 2
Argaam
13/08/2018
CMA says Wafa Insurance faces termination if EGM not held before Sept.11
Argaam
07/08/2018
Wafa’s board calls for EGM to address accumulated losses
Argaam
30/07/2018
Wafa Insurance ordered by SAMA to fix irregularities
Argaam
29/07/2018
Wafa says losses exceed 50% of capital
Argaam
25/07/2018
Wafa Insurance board member resigns
Argaam
06/06/2018
Trading in Wafa Insurance halted to reflect capital reduction
Argaam
06/06/2018
Wafa approves capital cut to offset losses
Argaam
04/06/2018
Wafa Insurance hires advisor for solvency margin requirements
Argaam
03/06/2018
Saudi health insurers’ GWPs up 5% in Q1
Argaam Special
03/06/2018
Saudi auto insurers’ GWPs drop 15% in Q1
Argaam Special
03/06/2018
Wafa shareholders to vote on capital cut June 5
Argaam
26/05/2018
SAMA bans Wafa Insurance from issuing, renewing policies
Argaam
26/05/2018
Wafa Insurance to dissolve if shareholders fail to convene before June 20
Argaam
22/05/2018
Wafa’s shareholders to vote on capital cut May 30
Argaam
19/05/2018
CMA approves Wafa Insurance’s capital cut
Argaam
16/05/2018
Wafa Insurance seeks CMA nod for capital cut
Argaam
15/05/2018
Wafa Insurance gets SAMA nod for capital cut
Argaam
07/05/2018
Wafa’s accumulated losses exceed 50% of capital
Argaam
01/05/2018
Wafa gets ‘final warning’ from SAMA to comply with requirements
Argaam
29/04/2018
Wafa Insurance appoints financial advisor for capital cut
Argaam
19/04/2018
CMA convicts 6 violators for fraud, manipulation
Argaam
10/04/2018
Saudi insurers report 6% rise in gross written premiums in 2017
Argaam Special
02/04/2018
Wafa Insurance recommends 18% capital cut
Argaam
08/03/2018
Wafa Insurance updates use of rights issue proceeds
Argaam
31/12/2017
Wafa Insurance expects sales increase after ban lift
Argaam
28/12/2017
Saudi central bank lifts ban on Wafa Insurance
Argaam
20/11/2017
Saudi insurers’ aggregate profit down 22% in 9M 2017
Argaam Special
05/11/2017
Wafa Insurance invests SAR 90.6 mln to boost solvency margin
Argaam
26/10/2017
Wafa Insurance gets SAMA nod for new products
Argaam
24/10/2017
Wafa Insurance approves related party transaction
Argaam
23/10/2017
Wafa Insurance submits corrective plan after ban
Argaam
27/09/2017
Al Rajhi Takaful, Tawuniya take the lead among auto insurers
Argaam Special
27/08/2017
Wafa deposits fractional shares after capital cut
Argaam
24/08/2017
Saudi auto insurers’ gross written premiums fall 9% in H1
Argaam Special
24/08/2017
Saudi health insurers’ gross written premiums edge up in H1
Argaam Special
23/08/2017
Wafa Insurance gets temporary approval for three products
Argaam
20/08/2017
SAMA bans Wafa from issuing auto insurance policies
Argaam
20/08/2017
SAMA bans Arabian Shield, Malath, Wafa Insurance from issuing auto policies
Argaam
13/08/2017
Wafa uses rights issue proceeds to boost solvency margin
Argaam
02/08/2017
Wafa fixes irregularities, cuts capital to offset losses
Argaam
03/07/2017
Wafa Insurance gets approval to issue new auto policies
Argaam
15/06/2017
Wafa Insurance approves capital cut to offset losses
Argaam
15/06/2017
Tadawul sets fluctuation limit price for Wafa Insurance
Argaam
11/08/2015
Wafa Insurance uses rights issue proceeds to boost solvency margin
Argaam
10/08/2015
Saudi insurance companies’ H1-15 profit soars 60%
Argaam - Exclusive
05/08/2015
Salama rights issue 751% subscribed by final round
Argaam
02/07/2015
Bupa Arabia, Medgulf lead Saudi insurance sector in Q1-2015
Argaam
25/06/2015
Wafa Insurance refuses to discharge board members on pending contracts
Argaam
21/06/2015
Saudi regulator slaps 81 firms with fines at SAR 4.72 mln in 2015
Argaam - Exclusive
02/06/2015
Saudi bourse says five listed firms to remain off-limits to foreigners
Argaam - Exclusive
02/06/2015
Argaam Research: 10 Tadawul-listed firms accumulated losses over 50% of capital
Argaam - Exclusive
18/05/2015
Tadawul updates Wafa Insurance status after losses narrowed
Argaam
13/05/2015
Wafa Insurance to begin paying SAR 24.4 mln in refunds
Argaam
05/05/2015
Wafa says remaining rights issue shares 242.4% oversubscribed
Argaam
04/05/2015
Saudi insurers trade at combined P/E of 105x: Argaam Research
Argaam - Exclusive
04/05/2015
Saudi insurance firms make SAR 33 mln profit in Q1: Argaam Research
Argaam - Exclusive
29/04/2015
Wafa rights issue 54.6% subscribed at second stage
Argaam
26/04/2015
Wafa Insurance launches second stage of rights issue
Argaam
23/04/2015
Wafa Insurance to complete first stage of rights issue
Argaam
14/04/2015
Wafa Insurance starts first phase of rights issue
Argaam - Exclusive
09/04/2015
WAFA Insurance approves capital raise
Argaam
04/03/2015
Wafa Insurance says losses down to 64.16% of capital after February
Argaam
03/02/2015
Wafa Insurance says accumulated losses represent 67.5% of capital
Argaam
20/01/2015
External auditor flags going concern on Wafa Insurance
Argaam
29/12/2014
Wafa Insurance issues prospectus for SAR 105 mln capital raise
ِArgaam
26/11/2014
CMA approves capital raise requests of Wafa, Saico, Buruj, Al Alamiya and AXA through a rights issue
Argaam
24/11/2014
Tadawul: a summary of companies with accumulated losses exceeding 50% of their capitals by the end of October
Argaam
23/11/2014
The CMA announces the status of rights issue requests
Argaam
17/11/2014
Wafa Insurance settles dispute with Watad Insurance out of court
Argaam
13/11/2014
Wafa Insurance’s accumulated losses down to 73.2% after October’s profit
Argaam
26/08/2014
Wafa Insurance obtains SAMA’s approval for its SAR 105m rights issue
Argaam
19/08/2014
Wafa Insurance is sued by Watad for SAR 26.2 million or 26 percent of its capital
Argaam
27/04/2014
Wafa Insurance BOD recommends a capital raise of SAR 105m through a rights issue
Argaam
12/02/2014
The insurance sector’s report for 2013: 20% rise in written premiums, 46% for claims and SAR 1378m of losses
Argaam
12/02/2014
Saudi Insurance Sector: The book values of 26 companies are below their nominal values after 2013 results:
Argaam
14/01/2014
Wafa insurance boosts technical reserve for 2013
ِArgaam
22/10/2013
Wafa obtains SAMA’s temporary approval for some of its products
ِArgaam
31/03/2013
Wafa obtains SAMA’s final approval for some of its products
ِArgaam
26/08/2012
Wafa signs an agency contract with Watad insurance agency
ِArgaam

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