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:
Al Anwar Holdings SAOG
sales of 18.55 million Omani Rials [US$48.19 million]
of which 35%
was Insurance Segment),
Kuwait Reinsurance Company KSCP
(37.46 million Kuwaiti Dinars [US$123.63 million]
of which 58%
was Fire), and
based in Jordan
(38.04 million Jordanian Dinars [US$53.73 million]
Saudi Reinsurance Company reported sales of 504.15 million Saudi Riyals (US$134.44 million)
December of 2015.
decrease of 5.2%
versus 2014, when the company's sales were 531.82 million Saudi Riyals.
Contributing to the drop in overall sales was the 49.9% decline
in Life, from 93.97 million Saudi Riyals to 47.12 million Saudi Riyals.
There were also decreases in sales in
Fire (down 23.5% to 126.29 million Saudi Riyals)
Engineering (down 7.9% to 63.67 million Saudi Riyals)
However, these declines were partially offset by the increase in sales of
Vehicles (up 174.0% to 115.63 million Saudi Riyals)
Marine (up 2.9% to 52.37 million Saudi Riyals)
General Accidents (up 1.5% to 33.19 million Saudi Riyals)
Other (up 14.5% to 42.32 million Saudi Riyals)