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-Etihad Cooperative Insurance Co
of Saudi Arabia
sales of 743.20 million Saudi Riyals [US$198.19 million]
of which 66%
Al-Ahleia Insurance Co Sak
(65.46 million Kuwaiti Dinars [US$215.34 million]
of which 46%
was Reinsurance), and
Salama Cooperative Insurance Company SJSC
based in Saudi Arabia
(692.85 million Saudi Riyals [US$184.76 million]
of which 89%
was Vehicles Insurance).
Arab Insurance Group reported sales of 76.23 million Bahranine Dinars (US$202.21 million)
December of 2017.
a very small
increase of 1.2%
versus 2016, when the company's sales were 75.32 million Bahranine Dinars.
Despite this increase, sales are still
below the level achieved in 2015, when Arab Insurance Group
reported sales of 88.28 million Bahranine Dinars.
Sales of Life Long Term saw an increase
that was more than double the company's growth rate: sales were up
42.8% in 2017, from
139,113.00 Bahranine Dinars to 198,679.00 Bahranine Dinars.
Arab Insurance Group also saw significant increases in sales in
Facultative (up 25.2% to 26.53 million Bahranine Dinars)
Other (up 37.8% to 11.58 million Bahranine Dinars)
Not all segments of Arab Insurance Group experienced an increase in sales in 2017:
sales of Enginnering fell 44.6% to 4.44 million Bahranine Dinars.
Arab Insurance Group also experienced decreases in sales in
Property (down 17.7% to 12.29 million Bahranine Dinars)
Life Short Term (down 1.7% to 7.33 million Bahranine Dinars)
Marine (down 32.0% to 2.74 million Bahranine Dinars)
Accident (down 29.8% to 2.73 million Bahranine Dinars)