Liva Insurance Company: Key Developments
Liva Insurance Company, a property and casualty insurance provider in the Saudi Arabian market, has recently announced several key developments, including leadership changes and financial results.
CEO Resignation
Kamran Mazhar has resigned as CEO of Liva Insurance, effective February 16th, 2025. The company announced the resignation on March 9th, 2025 at 01:05 am EST.
Financial Performance
Liva Insurance Company released its earnings results for the full year ended December 31, 2024. Further updates on the financial performance are also available.
Market Context
As of March 6, 2025, at 07:20:00 am EST, the Saudi Arabian stock market was closed. The company’s stock experienced a 5-day change of -0.24% and a year-to-date change of -0.59%. The last reported price was 16.94 SAR.
Company Overview
Liva Insurance Company SJSC, formerly known as Al Alamiya for Cooperative Insurance Company SJSC, offers various insurance products, including property, motor, engineering, medical, marine, and life insurance. Its offerings cater to both individual and group clients, providing a range of insurance solutions.
