Chubb Arabia Approves No Dividend Distribution for 2025
CHUBB 8240.SA | 0.00 |
CHUBB Arabia Cooperative Insurance Co. announced on June 17, 2026 the results of its 18th Annual General Assembly meeting held on June 16, 2026 at 6:30 PM via the Tadawulaty platform with 55.33% shareholder attendance. The assembly approved multiple related-party transactions for fiscal year 2025 totaling over 74 million SAR, including significant reinsurance contracts with Chubb Group (58,781,677 SAR) and Taysers Reinsurance Brokerage (8,848,510 SAR). Key decisions included appointing PWC Saudi and RSM Saudi as auditors for 2026-2027 with combined fees of 1,670,000 SAR, approving 2,668,250 SAR in board member remuneration, and resolving not to distribute dividends for 2025.
Original announcement:
https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=96155&anCat=1&cs=8240&locale=arImportant Notice: The announcement information and market data in this report are sourced directly from the Saudi Exchange (Tadawul). This summary is generated by Sahm’s proprietary AI model for informational purposes only. While we strive for accuracy, it should not be construed as financial advice or an investment recommendation.
