Al-Ittihad Cooperative Insurance Company is a public joint stock company established in the Kingdom of Saudi Arabia by a decision of the Council of Ministers and a Royal Decree as a cooperative insurance company. 500 One million Saudi Riyals. The company is an extension of the Union Commercial Company, which was established in the Kingdom of Bahrain in the year1983 As an external company to carry out insurance business in the Kingdom of Saudi Arabia, in the year2008 The company was offered for public subscription and listed on the Saudi Stock Exchange ( Tadawul) under the symbol8170