Investors 

On this page you can read about when Bupa Arabia was founded and what we stand for. It also includes a comprehensive corporate overview of the way we do business. If you have any questions or comments, please Contact us.

Our vision

"Taking care of the lives in our hands"

Our values

Passionate, Caring, Open, Authentic, Accountable, Courageous, Extraordinary.

Our mission

"To be the health and care leader in Saudi Arabia by taking care of the lives in our hands"

Our promise

"Your healthcare partner, providing expertise for life"

Historical Overview

Bupa Arabia for Cooperative Insurance Company ("Bupa Arabia Company" or the "Company") (Saudi Shareholding Company) was incorporated in Jeddah, Kingdom of Saudi Arabia under Council of Ministers Resolution No. 279, dated Shaaban 28, 1428H, corresponding September 10, 2007 and Royal Decree No.: R/74, dated Shaaban 29, 1428H, corresponding September 11,2007G.

Initial public offering during 2008

Share Capital Increase through Bonus Shares issue during 2015

Current Capital (Saudi Riyals)

Overview of the Company's Business

The Company's activities include carrying out the business of cooperative health insurance, medical, health and care activities and all that is related to such works, including reinsurance, agencies, representation and brokerage. Bupa Arabia Company shall carry out all the works necessary for achieving its objectives in the field of cooperative insurance or investment of its money.

Bupa Arabia Company seeks to have the pioneering position within the health insurance services provision sector in the Kingdom of Saudi Arabia. The Company works on verifying that its products are in compliance with the relevant supervisory authorities in relation to the health insurance programs provided thereby. It also gives its clients the opportunity to select from a wide network of health care service providers to achieve the highest levels of service.

With the increasing demand on health insurance covering residents and Saudis working in the private sector in the Kingdom, Bupa Arabia shall work to achieve the highest rates of growth in order to maximise its profitability through developing its operations and increasing its capacity in order to deliver the highest quality of service to attract and retain customers.

Chapter One

Article (1)
Preamble & Definition of Corporate Governance

Corporate Governance is considered one of the most important subjects for all local and international companies; the recent financial crisis undergone by the western world economies has set the stage for Corporate Governance to be a top priority.

The regulations and rules of Corporate Governance focus on minimising the use of management authority in aspects other than the interests of shareholders. It activates the role of the Board of Directors, enhances internal control, follows up on the implementation of strategies, and determines the roles and responsibility of shareholders, the Board of Directors, executive management and stakeholders, as well as confirming the importance of transparency and disclosure.

Corporate Governance is a system through which the rights and responsibilities of different parties are determined, such as the Board of Directors, managers, shareholders and other stakeholders in the Company. Corporate Governance is also defined as a function of relations between the Company's management, Board of Directors, shareholders and all concerned parties; it is the structure through which the Company's objectives are determined, performance and results are monitored successfully as a result of controlled authority. It is also the system through which all the necessary incentives are provided to the Board of Directors and senior executive management in their pursuit of achieving the agreed upon objectives for serving the best interests of the Company and its shareholders in an efficient and effective manner.

Therefore, Bupa Arabia Company, as represented by its Board of Directors and executive management, is committed to develop the highest professional standards in the Company complying with the norms and principles hereof and shall apply to all the business of the Company.

This Regulation also includes the guiding provisions issued by the Saudi Arabian Monetary Agency regarding Corporate Governance and Company Management, as well as the provisions and rules of Corporate Governance issued by the Saudi Capital Market Authority.

This Regulation guarantees achieving and applying the following administrative Corporate Governance principles:

• Protection of shareholders rights
• Disclosure and transparency
• Responsibilities of Board of Directors
• Conflict of Interest