Latest News

• 6th September 2016

  Working hours during Eid Al-Adha holiday 1437H (2016G)

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• 17th July 2016

  An insurance expert expects further growth rate for the health insurance sector in Saudi Arabia after the full application of the single health insurance policy for the employer as per the resolution of the Council of Cooperative Health Insurance (CCHI) that came into effect on July 10th this year.

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• 4th July 2016

  Working hours during Eid Al-Fiter holiday 1437H (2016G)

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• 16th June 2016

  Tawuniya, the kingdom’s pioneer insurance company, has announced a special offer to celebrate the holy month of Ramadan. As part of this offer, private vehicle owners can purchase Tawuniya’s Al-Shamel motor insurance or SANAD motor vehicle third party liability insurance at a special 10% discount on the insurance premium.

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• 4th June 2016

  Working Hours During Ramadan 1437H (2016G)

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• 31st May 2016

  Mr. Raeed Al-Tamimi, Chairman of the General Committee for Insurance Companies and CEO of the Company for Cooperative Insurance (Tawuniya), has confirmed that during the last 5 years, the number of Saudi nationals working in the Kingdom’s insurance sector has increased by 44%, from 3,962 workers in 2011 to 5,706 workers in 2015. Nationalization within the insurance sector has increased from 53% in 2011 to 59% of the current 9682 workforce in 2015.

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• 25th May 2016

  Mr. Raeed Al-Tamimi, Tawuniya CEO and Chairman of the General Committee for insurance companies, said that that the Career Day organized by the Executive Committee of Insurance Companies in collaboration with the Institute of Finance in the period 24 - 25 Shaaban 1437 H, corresponding to May 31 to June 1, 2016 at Movenpick Hotel in Riyadh,

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• 16th May 2016

  Tawuniya Insurance has announced a promotional campaign that offers a 10% discount for customers who purchase annual travel insurance policies. The campaign that is coinciding with the summer holidays will be available for a two-week period starting from 22 May 2016.

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• 1st December 2015

  The Company for Cooperative Insurance (Tawuniya) participated in the annual MENA & Frontier Markets Conference, which was held in Riyadh last week and was sponsored by the American Merrill Lynch Bank. The main objective of Tawuniya participation in the conference is to improve the levels of transparency for investors in the Kingdom of Saudi Arabia and the MENA region.

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• 8th November 2015

  An important Milestone has been set in the field of risk management for Saudi Arabia. A Memorandum of Understanding was signed today between small & medium enterprises loan guarantee program “Kafalah” and Tawuniya Insurance Company which will provide strong support to the SME sector and the county’s economy.

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• 25th October 2015

  The Company for Cooperative Insurance (Tawuniya) organized at its head office in Riyadh an event entitled "Prevention is at early detection" to raise the awareness of breast cancer awareness.

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• 3rd September 2015

  The Company for Cooperative Insurance “Tawuniya” has been assigned an “A” rating and “Stable” outlook by Standard and Poor's (S&P), which is considered the best global credit rating among Saudi insurance companies in 2015. S&P expects the stable outlook reflecting its view that Tawuniya's market position will remain strong and differentiating factor relative to local peers.

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• 30th June 2015

  Tawuniya’s senior management directors have participated in the Advanced Management Program, organized by the INSEAD Business School, which is one of the most prestigious business institutions in the world, in conjunction with Tawuniya’s Talent Development Centre.

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