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'Tawuniya' Insurance Company Increases Its Capital to SR 750 Million
Al Published in Saudi Press Agency on 14 - 02 - 2011

Awwal 11, 1432, Feb14, 2011, SPA -- The Board of Directors of Tawuniya Insurance Company has recommended to increase its capital from SR 500 Million to 750 million from its profits and to distribute an amount of SR 150 million in cash as dividends to shareholders for the fiscal year 2010.
The Governor of General Organization for Social Insurance (GOSI) and Chairman of the Company's Board of Directors Suleiman bin Saad Al-Humayyid said in a statement that the total of subscribed premiums increased to SR 4.181 billion in 2010 from SR 4.35 billion in 2009, an increase of 4%.

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