Our Competitive advantages

​2019 Main Financial Highlights

  • SR 14.11 billion, Total Assets.
  • SR 2.49 billion, Total Equity.
  • SR 8.37 billion, Gross Written Premiums (GWP).
  • SR 6.71 billion, Net Written Premiums (NWP).
  • SR 7.01 billion, Total Revenues.
  • SR 5.81 billion, Net Incurred Claims.
  • SR 691.46 million, Total Comprehensive Income.
  • SR 402.16 million, Net Profit before Zakat.
  • SR 192.40 million, Profit Insurance Operations Minus Policy Holders Investments Revenues.
  • SR 150.42 million, Net Profit of Policy Holders Investment.
  • SR 101.76 million, Net Profit of Shareholders Capital Investment.
  • SR 2.62, Profit per Share.
  • SR 1,250 million, Paid-up Capital
  • 125 million, No. of Shares.

Competitive Advantages

  • The highest insurance professional experience in Saudi Arabia that extends for 34 years.
  • A distinct market share of more than 22% of the total Saudi insurance market.
  • The largest diversified list of insurance programs including more than 60 classes of medical, motor, and property & casualty insurances.
  • The largest sales network in Saudi Arabia with more than 100 branches in different regions.
  • The best claim service centres and offices that settle more than 10 million claims annually.
  • The highest Saudization rate with more than 82% for total employees and 95% for leadership positions.
  • The best quality services are available for 24 hours a day, 7 days a week via the Interactive Voice Response (IVR) Call Centre that receives more than 2 million calls annually.
  • The fastest and most comprehensive e-services through the website and the smartphone application.
  • The first online insurance store to reflect the pioneering concept of smart insurance.
  • Premium package of value added services, exclusive benefits and special offers such as Tawuniya Health Zone, Dawae Service and Wellbeing Program.
  • The first insurance loyalty program (Ithra) through which the clients receive special discounts up to 60% of partners’ products and services.
  • An advanced electronic environment managed by experts in various insurance fields that puts customers at the center of attention.
  • The largest network of medical service providers accredited in the Kingdom and around the world.
  • A list of motor repair agents and workshops.
  • An electronic link with health service providers to achieve the fastest time for issuing approvals and settling claims.
  • A strong insurance portfolio that includes large companies in various economic sectors and governmental entities.
  • A long-term relationship with the biggest international reinsurers.
  • The highest level of compliance with governance regulations and implementing rules issued by control bodies.
  • Full compatibility of insurance programs and investment portfolios with the provisions of Islamic Sharia.

Certificates, awards, and best ratings Tawuniya obtained in 2019

  • The best Takaful Insurance Company in the Middle East Region by Global Islamic Finance Awards.
  • The best electronic general insurance company in Saudi Arabia by Global Banking & Finance Review.
  • The best company providing innovative insurance products in the Kingdom by World Finance.
  • OMAC Gold Award for Insurance Business Quality.
  • Among the top 10 most famous Brands in the Kingdom issued by Brand Finance.
  • Among the top 100 Saudi companies list issued by Al Eqtisadiah newspaper and the first in insurance sector.
  • The ISO 27001 certification for cyber security granted by SGS Group