Saudi Reinsurance Company operates in the Life insurance sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Saudi Reinsurance Company with three other
insurance companies in Middle East:
Oman Insurance Company PSC
of United Arab Emirates
sales of 1.77 billion Arab Emirates Dirhams [US$481.15 million]
of which 38%
was Life Insurance),
Arab Insurance Group
(75.32 million Bahranine Dinars [US$199.79 million]
of which 28%
was Facultative), and
Kuwait Reinsurance Company KSCP
based in Kuwait
(32.67 million Kuwaiti Dinars [US$108.54 million]
of which 65%
Saudi Reinsurance Company reported sales of 1.16 billion Saudi Riyals (US$308.87 million)
December of 2016.
increase of 129.7%
versus 2015, when the company's sales were 504.15 million Saudi Riyals.
Sales of Vehicles saw an increase
that was more than double the company's growth rate: sales were up
544.7% in 2016, from
115.63 million Saudi Riyals to 745.47 million Saudi Riyals.
Not all segments of Saudi Reinsurance Company experienced an increase in sales in 2016:
sales of Marine fell 35.8% to 33.62 million Saudi Riyals.
Saudi Reinsurance Company also experienced decreases in sales in
Fire (down 7.8% to 116.45 million Saudi Riyals)
Life (down 8.1% to 43.29 million Saudi Riyals)