Saudi Re for Cooperative Reinsurance Company SJSC operates in the Life insurance sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Saudi Re for Cooperative Reinsurance Company SJSC with three other
insurance companies in Middle East:
Arab Insurance Group
sales of 76.23 million Bahranine Dinars [US$202.21 million]
of which 35%
Al Nisr Al Arabi Insurance Company PSC
(24.54 million Jordanian Dinars [US$34.57 million]
Kuwait Reinsurance Company KSCP
based in Kuwait
(33.35 million Kuwaiti Dinars [US$109.71 million]
of which 65%
Saudi Re for Cooperative Reinsurance Company SJSC reported sales of 658.79 million Saudi Riyals (US$175.68 million)
December of 2017.
decrease of 43.1%
versus 2016, when the company's sales were 1.16 billion Saudi Riyals.
Contributing to the drop in overall sales was the 86.1% decline
in Vehicles, from 745.47 million Saudi Riyals to 103.54 million Saudi Riyals.
There were also decreases in sales in
Engineering (down 5.5% to 67.51 million Saudi Riyals)
However, these declines were partially offset by the increase in sales of
Fire (up 31.5% to 153.16 million Saudi Riyals)
Specialized (up 100.2% to 55.12 million Saudi Riyals)
General Accidents (up 58.1% to 54.56 million Saudi Riyals)
Life (up 24.1% to 53.70 million Saudi Riyals)
Marine (up 0.2% to 33.69 million Saudi Riyals)
Other (up 26.9% to 74.55 million Saudi Riyals)