Saudi Indian Company for Cooperative
Insurance (SICCI) a Joint Stock Company established in the Kingdom of Saudi
Arabia as per Royal Decree No. M60 dated 18/09/1427H is promoted by:
1. Life Insurance Corporation of India
2. The New India Assurance Co. Ltd
3. LIC (International) B.S.C.(C), a
subsidiary of Life Insurance Corporation of India
4. Fawaz Al Hokair Group of Companies.
SICCI is a composite Insurance company
marketing General Insurance, Health Insurance and Protection & Savingss
products. In the Kingdom the company has its offices in Riyadh, Jeddah and Al
Khobar. It also proposes to have more outlets and greater reach to other parts
of the kingdom in due course.
SICCI is a composite Insurance company
marketing General Insurance, Health Insurance and Protection & Savingss
products. In the Kingdom the company has its offices in Riyadh, Jeddah and Al
Khobar. It also proposes to have more outlets and greater reach to other parts
of the kingdom in due course.
Spread Life Insurance widely and in particular to the rural
areas and to the socially and economically backward classes with a view to
reaching all insurable persons in the country and providing them adequate
financial cover against death at a reasonable cost.
Maximize mobilization of people's savings by making insurance-linked savings adequately attractive.
Bear in mind, in the investment of funds, the primary obligation to its policyholders, whose money it holds in trust, without losing sight of the interest of the community as a whole; the funds to be deployed to the best advantage of the investors as well as the community as a whole, keeping in view national priorities and obligations of attractive return.
Conduct business with utmost economy and with the full realization that the moneys belong to the policyholders.
Act as trustees of the insured public in their individual and collective capacities.
Maximize mobilization of people's savings by making insurance-linked savings adequately attractive.
Bear in mind, in the investment of funds, the primary obligation to its policyholders, whose money it holds in trust, without losing sight of the interest of the community as a whole; the funds to be deployed to the best advantage of the investors as well as the community as a whole, keeping in view national priorities and obligations of attractive return.
Conduct business with utmost economy and with the full realization that the moneys belong to the policyholders.
Act as trustees of the insured public in their individual and collective capacities.