NCCI, formerly known as National Company for Cooperative Insurance, became the only listed insurance company in Saudi Arabia when it underwent an IPO in December 2004, which was 11.5 times oversubscribed.

The company is expecting to face further competition in the kingdom as new regulations allow for other insurance firm to register and operate in the market but retains an advantageous position following the introduction of mandatory health insurance for all expatriates and mandatory driving license insurance for all drivers.

Individuals	N/A
Institutions	N/A
Floating	N/A
Government	N/A

	2004	2003
Total Assets	2,725,403	2,196,043
Shareholder's Equity	1,708,502	1,175,491
NIAT	187,719	168,914
Dividends		N/A

	2004	2003
Assets Growth	24.11%	N/A
Earning Growth	11.13%	0.00%
ROaA	7.63%	15.38%
ROaE	13.02%	28.74%
No. Of Shares
EPS	0.00	0.00
EPS Growth	11.13%	0.00%
Payout Ratio		N/A

	Trailing
PE
PB
DVPS
Div Yield
EV
EV/Equity

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