Insurance

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Arabian Shield Cooperative Insurance Company

Arabian Shield Cooperative Insurance Company was established in 1998 in Riyadh. Prince Nayef bin Sultan bin Mohammed bin Saud Al Kabeer serves as chairman.

Arabian Shield Cooperative Insurance Company logo

Arabian Shield Cooperative Insurance Company

Arabian Shield Cooperative Insurance Company was established in 1998 in Riyadh. Prince Nayef bin Sultan bin Mohammed bin Saud Al Kabeer serves as chairman. The company deploys capital across sukuk, term deposits and unit-linked investments. It maintains a minority stake in Najm for Insurance Services. Geographic reach covers Saudi Arabia with offices in Riyadh, Jeddah and Al-Khobar. Asset allocation favors fixed-income instruments and bank deposits. The firm reported 3.356 billion USD in assets. It maintains three regional offices and holds a 3.85 percent interest in Najm for Insurance Services. September 2025: Held Ordinary General Assembly Meeting to approve financial results and appoint board members and auditors. Ownership structure includes major stakes held by Alinma Bank and entities linked to the chairman's family. The listed status on Tadawul imposes public disclosure requirements distinct from private insurers.

General information

Firm type

Insurance

Year founded

1998

AUM

3356 (Altss estimate)

Location

Region

Middle East

Country

Saudi Arabia

City

Riyadh

Corporate office

5th Floor, Cercon Building No. 15 Olaya Street, Riyadh 11565, Saudi Arabia

Additional offices

Jeddah, Saudi Arabia · Al-Khobar, Saudi Arabia

Principals

Prince Nayef bin Sultan bin Mohammed bin Saud Al Kabeer

Chairman of the Board of Directors

Sector focus

Insurance

Frequently asked questions

Who runs investment decisions at Arabian Shield Cooperative Insurance Company?

The board of directors chaired by Prince Nayef bin Sultan bin Mohammed bin Saud Al Kabeer sets overall strategy and capital allocation.

Does Arabian Shield participate in fund commitments or only direct holdings?

The firm holds direct positions in sukuk, term deposits and a minority stake in Najm for Insurance Services.

Where does Arabian Shield maintain offices?

Headquarters in Riyadh with regional offices in Jeddah and Al-Khobar.

What is Arabian Shield's known posture on co-investments?

Public filings show a 3.85 percent holding in Najm for Insurance Services alongside other Saudi financial entities.

How is Arabian Shield related to Alinma Bank?

Alinma Bank holds an 11.5 percent stake following the 2023 merger with Alinma Tokio Marine.

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

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