Arab Insurance Group operates in the Life insurance sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Arab Insurance Group with three other
insurance companies in Middle East:
Al-Ahleia Insurance Co Sak
sales of 56.22 million Kuwaiti Dinars [US$184.92 million]
of which 55%
Trade Union Cooperative Insurance Co
of Saudi Arabia
(803.40 million Saudi Riyals [US$214.24 million]
of which 75%
was Motor), and
United Cooperative Assurance Company SJSC
based in Saudi Arabia
(731.83 million Saudi Riyals [US$195.16 million]
Arab Insurance Group reported sales of 75.32 million Bahranine Dinars (US$199.79 million)
December of 2016.
decrease of 14.7%
versus 2015, when the company's sales were 88.28 million Bahranine Dinars.
Contributing to the drop in overall sales was the 37.0% decline
in Accident, from 6.16 million Bahranine Dinars to 3.88 million Bahranine Dinars.
There were also decreases in sales in
Property (down 20.8% to 14.93 million Bahranine Dinars)
Enginnering (down 20.7% to 8.01 million Bahranine Dinars)
Life Short Term (down 23.1% to 7.46 million Bahranine Dinars)
Marine (down 32.5% to 4.03 million Bahranine Dinars)
Life Long Term (down 35.5% to 139,113.00 Bahranine Dinars)
Other (down 22.1% to 8.41 million Bahranine Dinars)
However, these declines were partially offset by the increase in sales of
Facultative (up 0.4% to 21.19 million Bahranine Dinars)