The Company for Cooperative Insurance (Tawuniya) is a Saudi joint-stock company established in 1986 and listed on the Saudi Exchange (Tadawul) under symbol 8010. Headquartered in Riyadh, Tawuniya operates as a multi-line insurance carrier offering cooperative insurance in compliance with Islamic Sharia principles.
The company provides various insurance types including motor, marine, fire, property, health, engineering, aviation, energy, Takaful, and casualty insurance, with over 60 types of insurance products serving retail and corporate clients. Tawuniya employs 722 staff members and reported trailing 12-month revenue of $5.39 billion as of March 31, 2026. The insurer holds a sizable share of the Saudi market with over 4.5 million clients.
Recent Leadership News
- Abdulaziz Alnowaiser appointed Chairman for three-year term, April 2026.
Facts compiled by Executive Moves from publicly available news and press releases on 30 July 2026. Spotted an inaccuracy? Email us and we'll review within 1 business day.
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