Arabia Insurance Cooperative Company operates in the Fire, marine, and casualty insurance sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Arabia Insurance Cooperative Company with three other
companies in this sector in Saudi Arabia:
Salama Cooperative Insurance Co
sales of 445.88 million Saudi Riyals [US$118.90 million]
Buruj Cooperative Insurance Co
(424.44 million Saudi Riyals [US$113.18 million]
of which 61%
was Vehicles), and
Wataniya Insurance Company
(338.15 million Saudi Riyals [US$90.17 million]
Arabia Insurance Cooperative Company reported sales of 369.16 million Saudi Riyals (US$98.44 million)
December of 2016.
decrease of 18.4%
versus 2015, when the company's sales were 452.17 million Saudi Riyals.
The sales level in 2016 was fairly close to the level five years ago: in 2011, Arabia Insurance Cooperative Company had sales
of 340.81 million Saudi Riyals.
Contributing to the drop in overall sales was the 28.9% decline
in Marian, from 8.51 million Saudi Riyals to 6.05 million Saudi Riyals.
There were also decreases in sales in
Vehicles (down 28.8% to 197.66 million Saudi Riyals)
Medical Insurance (down 2.4% to 114.54 million Saudi Riyals)
Other (down 6.1% to 4.82 million Saudi Riyals)
However, these declines were partially offset by the increase in sales of
Engineering (up 4.0% to 5.45 million Saudi Riyals)
Fire (up 319.3% to 1.06 million Saudi Riyals)