Riyadh - Mubasher: Arabian Shield Cooperative Insurance Company named Naif Bin Sultan bin Mohammed bin Saud Alkabeer as the board’s Chairman for the next four years.

Sameer Alwazzan was announced as the Vice Chairman, according to a bourse filing.

The two officials took over their roles for a new board session that commenced on 22 September 2025 and is scheduled to end on 21 September 2029.

The Insurance Authority greenlighted the appointments on 26 November 2025.

At the end of September 2025, Arabian Shield turned to net losses valued at SAR 32.83 million, compared to net profits of SAR 69.21 million in the year-ago period.