Solidarity Saudi Takaful operates in the Fire, marine, and casualty insurance sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Solidarity Saudi Takaful with three other
companies in this sector in Saudi Arabia:
Wataniya Insurance Company
sales of 283.55 million Saudi Riyals [US$75.61 million]
CHUBB Arabia Cooperative Insurance Co SJSC
(143.31 million Saudi Riyals [US$38.22 million]
Al Alamiya For Cooperative Insurance Company
(261.63 million Saudi Riyals [US$69.77 million]
of which 62%
Solidarity Saudi Takaful reported sales of 213.45 million Saudi Riyals (US$56.92 million)
December of 2015.
increase of 17.8%
versus 2014, when the company's sales were 181.14 million Saudi Riyals.
Sales at Solidarity Saudi Takaful have increased during each of the previous five years
(and since 2010, sales have increased a total of 17,782%).
Sales of Fire and Property saw an increase
that was more than double the company's growth rate: sales were up
779.9% in 2015, from
107,953.00 Saudi Riyals to 949,859.00 Saudi Riyals.
Solidarity Saudi Takaful also saw significant increases in sales in
General (up 68.4% to 2.52 million Saudi Riyals)
Engineering (up 105.6% to 768,646.00 Saudi Riyals)
Not all segments of Solidarity Saudi Takaful experienced an increase in sales in 2015:
sales of Health Insurance fell 77.5% to 59.69 million Saudi Riyals.
Solidarity Saudi Takaful also experienced decreases in sales in
Vehicles (down 0.3% to 125.26 million Saudi Riyals)
Other (down 75.0% to 483,830.00 Saudi Riyals)