Saudi National Insurance Company (SNIC) was established in 1974, registered in Kingdom of Bahrain in 1993, and was licensed by Central Bank of Bahrain as Bahraini registered Company in 2006 with a paid-up capital of 10 million Bahraini dinars. The company has a long experience over 30 years in the insurance sector and the provision of security services and protection in all categories of insurance according to the highest standards of quality and efficiency.
In 2010 and in light of the availability of opportunities and the growing demand of the insurance industry in the Middle East, the company decided to transfer their activities to the Kingdom of Bahrain so as to enhance their work and ensure the expansion in the near future.
In the 3rd quarter of 2010, our associate company Wataniya was fully licensed and registered in the Kingdom of Saudi Arabia managing SNIC previous portfolio in KSA through its Head office in Jeddah and branches located in Riyadh and Khobar (www.wataniya.com.sa).