Chubb Arabia Cooperative Insurance Company, a Saudi Joint Stock Company, was established under Council of Minister’s decision number (133), dated 7/5/1429H, corresponding to12/5/2008, and Royal Decree No. M/22, dated 8/5/1429H. Corresponding to 13/5/2008, and licensed and regulated by Saudi Arabian Monetary Agency (SAMA). The authorized and paid up capital of the Company is SR. 100,000,000 (One hundred million Riyals.) It is a Joint Venture between Chubb INA Holdings Limited, USA and a group of Saudi shareholders. The activities of Chubb INA in the field of insurance go back to the year 1970, when International Corporation for Trade & Contract Services represented International Insurance Companies. The activities evolved by the establishment of an insurance company in the Kingdom of Saudi Arabia, with joint capital between the Saudi shareholders and Chubb INA International Holdings Limited.