8170 fundamentals

Al-Etihad Cooperative Insurance Co. engages in the provision of insurance and reinsurance services. It operates through the following segments: Medical Insurance, Property Insurance, Engineering, Motor Insurance, General Accident, and Others. The Medical Insurance segment offers corporate, individual, and group business insurance. The Property Insurance segment covers fire and allied perils, property all risks. The Engineering segment includes coverage against the contractors’ all risks (CAR), erection all risks (EAR), and machinery all risks (MAR). The Motor Insurance segment comprises losses and liability related to motor vehicles, excluding transport insurance. The General Accident segment consists of loss of money, personal accident, workmen’s compensation, travel, general third-party liability, and professional indemnity. The Others segment refers to the marine cargo and marine hull insurance. The company was founded on April 3, 2007 and is headquartered in Al-Khobar, Saudi Arabia.