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:
United Cooperative Assurance (UCA)
of Saudi Arabia
sales of 798.37 million Saudi Riyals [US$212.84 million]
Islamic Arab Insurance Company
of United Arab Emirates
(782.18 million Arab Emirates Dirhams [US$212.96 million]
of which 66%
was General takaful), and
AXA Cooperative Insurance Company
based in Saudi Arabia
(1.03 billion Saudi Riyals [US$274.56 million]
Arab Insurance Group reported sales of 88.28 million Bahranine Dinars (US$234.17 million)
December of 2015.
decrease of 15.4%
versus 2014, when the company's sales were 104.40 million Bahranine Dinars.
Contributing to the drop in overall sales was the 97.4% decline
in Life Long Term, from 8.43 million Bahranine Dinars to 215,598.24 Bahranine Dinars.
There were also decreases in sales in
Facultative (down 6.8% to 21.11 million Bahranine Dinars)
Property (down 23.8% to 18.86 million Bahranine Dinars)
Enginnering (down 27.0% to 10.10 million Bahranine Dinars)
Accident (down 24.1% to 6.16 million Bahranine Dinars)
Marine (down 28.5% to 5.96 million Bahranine Dinars)
However, these declines were partially offset by the increase in sales of
Life Short Term (up 2,406.1% to 9.69 million Bahranine Dinars)
Other (up 6.1% to 10.79 million Bahranine Dinars)