WATANIYA icon

WATANIYA

12.78 SAR

-1.62%

Today

-1.69%

1D

Market is closed

Sun

10:00 AM ~ 3:00 PM

Mon

10:00 AM ~ 3:00 PM

Tue

10:00 AM ~ 3:00 PM

Wed

10:00 AM ~ 3:00 PM

Thu

10:00 AM ~ 3:00 PM

Fri

Closed

Sat

Closed

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Information

Name

Wataniya Insurance

Currency

SAR

Standard Leverage

1X

Lightning Icon

Market Cap

522.80M

Avg Daily Volume

358.88K

52 Week High

17.48 SAR

52 Week Low

11.37 SAR

Trading Hours

See hours

Business Summary

Wataniya Insurance Company provides insurance products and services in the Kingdom of Saudi Arabia. It operates through Marine, Property, Motor Comprehensive, Motor Third Party Liability, Engineering, Accident & Liability, and Term Life segments. The company offers insurance against losses and liability related to marine vessels and cargo; fire and other insurance; insurance against damages to vehicles due to storm, tempest, flood, fire, theft, and personal accident; insurance against liability to third parties arising through accidents; and insurance for builder's risks, construction, mechanical, electrical, electronic, and machinery breakdown, as well as life insurance. It also provides money insurance, fidelity guarantee, business all risk, business travel, and exhibition insurance; and general third-party liability, product liability, workmen's compensation/employer's liability, and damages to motor vehicles after the manufacturer warranty expires, as well as professional indemnity cover protecting the insured's legal liability arising out of acts of negligence during their business operations. The company was founded in 1975 and is headquartered in Jeddah, the Kingdom of Saudi Arabia.

Frequently Asked Questions

What are financial stocks?

Financial stocks include companies like banks, insurance firms, investment services, and fintechs. They play a critical role in the economy by facilitating credit, investment, and wealth management.


How do interest rates affect financial stocks?

Financials often benefit from rising interest rates, which can increase net interest margins for banks and improve profitability.


Why are financials important in a trading portfolio?

Financial stocks can offer strong dividends, sector stability, and exposure to macroeconomic trends like interest rate policy and GDP growth.


What risks are associated with financial sector investing?

Regulatory changes, credit risk, economic downturns, and interest rate volatility can all impact financial companies' earnings and stock prices.