Ayalon Holdings Limited operates in the Fire, marine, and casualty insurance sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Ayalon Holdings Limited with three other
insurance companies in Middle East:
Al Rajhi for Cooperative Insurance
of Saudi Arabia
(2017
sales of 2.85 billion Saudi Riyals [US$760.12 million]
),
Direct Insurance Financial Investments Ltd
(2.96 billion Israel Shekels [US$805.46 million]
of which 60%
was General Insurance), and
Zur Shamir Holdings Ltd
(2.96 billion Israel Shekels [US$805.79 million]
of which 60%
was General Insurance Total).
Sales Analysis.
Ayalon Holdings Limited reported sales of 2.62 billion Israel Shekels (US$713.45 million)
for the
year ending
December of 2017.
This
represents
an
increase of 58.7%
versus 2016, when the company's sales were 1.65 billion Israel Shekels.
Sales of General Insurance saw an increase
of
90.6% in 2017, from
788.83 million Israel Shekels to 1.50 billion Israel Shekels.
Not all segments of Ayalon Holdings Limited experienced an increase in sales in 2017:
sales of Unallocated fell 10.5% to 25.92 million Israel Shekels.
(However, this segment's sales were only a very small portion of the company's overall sales).