Fatima Al-Kashef

Saudi Liva Insurance Company, listed on the Saudi Stock Exchange (Tadawul), has appointed Mohammed Al-Toublani as the company's CEO, according to the company's disclosure to the stock exchange on Sunday.

Leva Insurance Company – formerly known as the International Cooperative Insurance Company – was established as a Saudi joint-stock company in 2009 and listed on the Saudi Stock Exchange (Tadawul) by the end of the same year. The company announced its rebranding to Leva Insurance in November 2023, according to the company's website and market data.

Liva Insurance operates in the fields of property, marine, motor, medical, general accident, and engineering insurance. Its net profit grew by approximately 300% year-on-year during the first quarter of 2026, reaching SAR 7.2 million (USD 1.9 million), compared to SAR 1.8 million during the same period of the previous year.

About Muhammad Al-Tublani

(According to the company's disclosure and its LinkedIn account)

- He began his duties as CEO of Leva Insurance Company on May 24, 2026.

- He has been the acting CEO since March 2025.

- He has held the position of Chief Financial Officer at Leva Insurance Company since June 2023.

- He has over 18 years of experience in the insurance, reinsurance and financial auditing sectors.

- He held the position of Regional Finance Director at Chubb, a company that operates in several countries in the region.

- He assumed the position of Head of Financial Control at AIG Takaful Company in Bahrain.

- He obtained a Bachelor’s degree in Accounting and Finance from Ahlia University in the Kingdom of Bahrain in 2011.

(Prepared by: Fatima Al-Kashef, Edited by: Shaimaa Hefzy, Contact: zawya.arabic@lseg.com )

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