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UCA - Latest News

Saudi auto insurers’ GWPs down 4%, net incurred claims fall 4% in Q1 2021

Argaam Special 13/06/2021

UCA gets SAMA nod on chairman, vice chairman appointments

Argaam 13/06/2021

Saudi health insurers’ aggregate GWPs rise 5% in Q1 2021

Argaam Special 10/06/2021

Saudi insurers’ GWPs rise 2% to SAR 12.8 bln, average retention rate of 85% in Q1 2021

Argaam Special 09/06/2021

UCA recommends using SAR 31.9 mln statutory reserve to offset accumulated losses

Argaam 03/06/2021

Saudi insurers' aggregate profit rises 34% to SAR 101.47 mln in Q1 2021

Argaam Special 24/05/2021

Saudi auto insurers’ GWPs down 5%, net incurred claims fall 10% in Q4 2020

Argaam Special 25/04/2021

Saudi health insurers’ aggregate GWPs rise 9% in Q4 2020

Argaam Special 21/04/2021

Saudi insurers’ GWPs rise 3%, net incurred claims drop 5% in 2020

Argaam Special 14/04/2021

UCA renews CCHI license for one year

Argaam 14/02/2021

UCA shareholders elect new board members, amend articles of association

Argaam 14/01/2021

UCA shareholders to elect new board, amend articles of association on Jan. 13

Argaam 22/12/2020

A look at market share of auto insurance firms in Q3 2020

Argaam Special 07/12/2020

Saudi health insurers’ aggregate GWPs drop 10%, claims rise 2% in Q3 2020

Argaam Special 01/12/2020

Saudi auto insurers’ GWPs grow 10%, net incurred claims fall 11% in Q3 2020

Argaam Special 29/11/2020

Saudi insurers’ GWPs rise 4%, net incurred claims fall 5% in 9M 2020

Argaam Special 19/11/2020

A look at Saudi insurance firms P/E ratio in Q3 2020

Argaam Special 11/11/2020

Aggregate profit of Saudi insurers rises to SAR 1.682 bln in 9M 2020

Argaam Special 11/11/2020

UCA’s accumulated losses reach 22% of capital

Argaam 08/11/2020

UCA shareholders approve appointment of 2 board members

Argaam 21/10/2020

UCA shareholders to vote on appointing 2 board members on Oct. 20

Argaam 28/09/2020

Saudi insurers’ GWPs rise 6%, net incurred claims fall 8% in H1 2020

Argaam Special 14/09/2020

Saudi health insurers’ aggregate GWPs fall 2%, claims drop 15% in Q2 2020

Argaam Special 14/09/2020

Saudi auto insurers’ GWPs rise 8%, net incurred claims decline by 34% in Q2 2020

Argaam Special 10/09/2020

A look at Saudi insurance firms P/E ratio in Q2 2020

Argaam Special 27/08/2020

Saudi insurers' aggregate profit rises to SAR 1.258 bln in H1 2020

Argaam Special 27/08/2020

UCA names two board directors

Argaam 06/08/2020

UCA says GWPs negatively impacted in Q2 2020 on precautionary measures

Argaam 19/07/2020

A look at market shares of auto insurance firms in Q1 2020

Argaam Special 13/07/2020

UCA receives SAMA’s nod on appointing vice chairman

Argaam 12/07/2020

UCA expects higher GWPs on automated detection of insurance

Argaam 09/07/2020

This is how Traffic Department’s decision is likely to impact insurance firms

Argaam Special 09/07/2020

Saudi auto insurers’ GWPs drop 12% in Q1 2020

Argaam Special 09/07/2020

Saudi health insurers’ aggregate GWPs rise 10% in Q1 2020

Argaam Special 08/07/2020

UCA opens board membership nominations

Argaam 01/07/2020

Saudi insurers' aggregate profit drops to SAR 179.32 mln in Q1 2020

Argaam Special 22/06/2020

UCA shareholders approve FY2019 board, audit reports

Argaam 16/06/2020

UCA shareholders to vote on board, audit reports on June 15

Argaam 20/05/2020

UCA’s board vice chairman resigns

Argaam 29/04/2020

Saudi auto insurers’ GWPs drop 9% in 2019

Argaam Special 28/04/2020

Saudi health insurers’ aggregate GWPs rise 13% in 2019

Argaam Special 27/04/2020

UCA renews CCHI license for 3 years

Argaam 16/02/2020

SAMA approves UCA’s request to amend activity permit

Argaam 12/02/2020

Chairpersons, board members of 85 listed firms resign in 2019

Argaam Special 07/01/2020

Saudi auto insurers’ GWPs drop 13% in 9M 2019

Argaam Special 09/12/2019

Saudi health insurers’ aggregate GWPs rise 15% in 9M 2019

Argaam Special 08/12/2019

Saudi insurance firms trade at P/E ratio of 87x in Q3 2019

Argaam Special 28/11/2019

Saudi insurers' aggregate profit down to SAR 903.6 mln in 9M 2019

Argaam Special 20/11/2019

Saudi insurers’ aggregate written premiums rise 7% in 9M 2019

Argaam Special 20/11/2019

Saudi health insurers’ aggregate GWPs up 20% in H1 2019

Argaam Special 05/09/2019

Saudi auto insurers’ gross written premiums drop 12% in H1 2019

Argaam Special 05/09/2019

Mergers of Saudi insurers face delays due to board decisions: official

Argaam 05/09/2019

Saudi insurers’ aggregate written premiums rise 9% in H1 2019

Argaam Special 01/09/2019

Saudi insurers' aggregate profit falls 14% in H1 2019

Argaam Special 26/08/2019

Saudi auto insurers’ gross written premiums drop 14% in Q1 2019

Argaam Special 12/06/2019

Saudi insurers' aggregate profit rises to SAR 116 mln in Q1 2019

Argaam Special 10/06/2019

UCA approves board, audit reports for FY 2018

Argaam 26/05/2019

UCA’s shareholders to vote on board, audit reports on May 23

Argaam 25/04/2019

Saudi auto insurers’ GWPs drop 13% in 2018

Argaam Special 23/04/2019

Aggregate GWPs of Saudi health insurers rises 6% in 2018

Argaam Special 22/04/2019

United Cooperative’s board director resigns

Argaam 04/02/2019

United Cooperative receives CCHI requalification letter

Argaam 04/02/2019

Combined profit of Saudi insurers down 41% in 9M 2018

Argaam Special 03/12/2018

Aggregate GWPs of Saudi health insurers up 6% in 9M 2018

Argaam Special 29/11/2018

CMA fines United Cooperative for listing violation

Argaam 12/09/2018

Saudi health insurers’ aggregate GWPs slide 2% in H1 2018

Argaam Special 10/09/2018

Saudi insurers' gross written premiums down 8% in H1

Argaam Special 05/09/2018

UCA names Mohammed Basrawi new CEO

Argaam 15/08/2018

UCA to deposit proceeds from fractional shares on July 19

Argaam 15/07/2018

UCA shareholders approve board remuneration

Argaam 28/06/2018

Trading in United Assurance halted to reflect capital reduction

Argaam 10/06/2018

UCA approves 18.4% capital cut to offset losses

Argaam 10/06/2018

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

United Assurance extends acting chief executive's term for 90 days

Argaam 24/05/2018

UCA’s accumulated losses exceed 20% of capital

Argaam 10/05/2018

CMA approves UCA’s capital cut

Argaam 03/05/2018

UCA files capital cut request to regulator

Argaam 22/04/2018

Saudi insurers report 6% rise in gross written premiums in 2017

Argaam Special 10/04/2018

UCA advised to increase technical reserves

Argaam 21/03/2018

UCA extends acting CEO’s term for three months

Argaam 06/03/2018

UCA renews health insurance license for one year

Argaam 15/02/2018

SAMA lifts ban on United Cooperative issuing auto policies

Argaam 13/01/2018

UCA names Faker Rais as acting chief executive

Argaam 27/12/2017

Here’s a look at four Saudi companies planning capital cuts

Argaam Special 26/12/2017

UCA appoints chairman, vice-chairman for new term

Argaam 18/12/2017

UCA shareholders approve financial statement, audit report for FY16

Argaam 17/12/2017

Saudi insurers’ aggregate profit down 22% in 9M 2017

Argaam Special 20/11/2017

UCA names Tareq Al Nabulsi as acting CEO

Argaam 01/11/2017

UCA says CEO resigns for personal reasons

Argaam 11/10/2017

Al Rajhi Takaful, Tawuniya take the lead among auto insurers

Argaam Special 27/09/2017

UCA renews insurance, reinsurance license for 3 years

Argaam 21/09/2017

United Cooperative banned from issuing, renewing auto policies

Argaam 17/09/2017

Saudi CMA fines 8 firms for violations

Argaam 13/09/2017

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

United Cooperative appoints financial advisor for capital cut

Argaam 03/08/2017

SAMA approves United Cooperative’s capital cut request

Argaam 02/08/2017

United Cooperative recommends capital cut

Argaam 10/06/2017

United Assurance invests SAR 184 mln from rights issue proceeds

Argaam 17/08/2015