Kuwait Insurance Company SAKP operates in the Fire, marine, and casualty insurance sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Kuwait Insurance Company SAKP with three other
insurance companies in Middle East:
National General Insurance Company
of United Arab Emirates
sales of 307.00 million Arab Emirates Dirhams [US$83.58 million]
of which 89%
was General Insurance),
Buruj Cooperative Insurance Co
of Saudi Arabia
(379.57 million Saudi Riyals [US$101.22 million]
of which 68%
was Vehicles), and
Arabian Shield Cooperative Insurance
based in Saudi Arabia
(376.71 million Saudi Riyals [US$100.46 million]
of which 52%
Kuwait Insurance Company SAKP reported sales of 28.27 million Kuwaiti Dinars (US$92.70 million)
December of 2015.
a very small
increase of 1.2%
versus 2014, when the company's sales were 27.94 million Kuwaiti Dinars .
This was the fourth straight year of sales growth at Kuwait Insurance Company SAKP.
Sales of Fire saw an increase
that was more than double the company's growth rate: sales were up
22.1% in 2015, from
1.08 million Kuwaiti Dinars to 1.32 million Kuwaiti Dinars .
Not all segments of Kuwait Insurance Company SAKP experienced an increase in sales in 2015:
sales of Takaful fell 64.8% to 292,223.00 Kuwaiti Dinars .
(However, this segment's sales were only a very small portion of the company's overall sales).
Kuwait Insurance Company SAKP also experienced decreases in sales in
Marine and Aviation (down 6.1% to 1.20 million Kuwaiti Dinars )
Unallocated Items (down 8.9% to 3.91 million Kuwaiti Dinars )