Logo ofCHUBB Arabia Cooperative Insurance Co.
Shareholders of CHUBB Arabia Cooperative Insurance Co. approved the board’s recommendation to increase the company’s capital by 33.33%, from SAR 300millionto SAR 400million through a bonus issuance. 
The approval came during the extraordinary general meeting (EGM) held on Oct. 15, the insurer said in a statement toTadawul.
Capital Increase Details
Current Capital
SAR 300 mln
Number of Shares
30 mln
Percentage of Increase
33.33%
Method
1 bonus share for every 3 shares held
New Capital
SAR 400 mln
New Number of Shares
40 mln
Reason
To strengthen the capital base and support the company’s future activities
Record Date
Oct. 15, 2025 (Shareholders of record who are registered with Edaaby the close of the second trading day following the record date)
Reserves Used
CapitalizingSAR 52 mln from retained earnings and SAR 48 mln from statutory reserve
Fractional shares, if any, will be collected in one portfolio for all shareholders, to be sold at market price, with proceeds distributed to eligible shareholders pro rata within 30 days from the date of determining the entitled shares, the statement noted.
Meanwhile, Tadawul announced that the fluctuation limit for the company’s share has been calculated based on a price of SAR 31.86 for today, Oct. 16. Accordingly, all existing orders have been cancelled.
The Securities Depository Center Co. (Edaa) will deposit the bonus shares into shareholders’ portfolios before the start of trading on Oct. 20.
Logo ofCHUBB Arabia Cooperative Insurance Co.
Shareholders of CHUBB Arabia Cooperative Insurance Co. approved the board’s recommendation to increase the company’s capital by 33.33%, from SAR 300millionto SAR 400million through a bonus issuance.
The approval came during the extraordinary general meeting (EGM) held on Oct. 15, the insurer said in a statement toTadawul.
Capital Increase Details
Current Capital
SAR 300 mln
Number of Shares
30 mln
Percentage of Increase
33.33%
Method
1 bonus share for every 3 shares held
New Capital
SAR 400 mln
New Number of Shares
40 mln
Reason
To strengthen the capital base and support the company’s future activities
Record Date
Oct. 15, 2025 (Shareholders of record who are registered with Edaaby the close of the second trading day following the record date)
Reserves Used
CapitalizingSAR 52 mln from retained earnings and SAR 48 mln from statutory reserve
Fractional shares, if any, will be collected in one portfolio for all shareholders, to be sold at market price, with proceeds distributed to eligible shareholders pro rata within 30 days from the date of determining the entitled shares, the statement noted.
Meanwhile, Tadawul announced that the fluctuation limit for the company’s share has been calculated based on a price of SAR 31.86 for today, Oct. 16. Accordingly, all existing orders have been cancelled.
The Securities Depository Center Co. (Edaa) will deposit the bonus shares into shareholders’ portfolios before the start of trading on Oct. 20.
