About the company
We take pride in introducing ourselves as one of the leading insurance and reinsurance company in the Kingdom of Saudi Arabia with a fully paid-up capital of SAR 1.28 billion.
We have been assigned an (A-) Insurance Financial Strength Rating (IFSR) by S&P Global Ratings and (gcAAA) GCC regional scale financial strength credit rating, both with a 'stable' outlook. Moody’s Investors Service rated Walaa with a financial strength rating of (A3).
Headquartered in Al-Khobar - Eastern province, the oil hub of the Kingdom, we serve our clients all over the Kingdom through three regional offices and more than 70 retail offices.