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