United Cooperative Assurance Company SJSC operates within the Fire, marine, and casualty insurance sector.
In addition to historical fundamental analyses, the complete report available to purchase compares United Cooperative Assurance Company SJSC with three other
companies in this sector in Saudi Arabia:
Arabia Insurance Cooperative Company
sales of 270.29 million Saudi Riyals [US$72.08 million]
of which 52%
Metlife American International Group and Arab National Bank Cooperative Insuranc
(265.83 million Saudi Riyals [US$70.89 million]
of which 74%
was Health Insurance), and
Al Alamiya For Cooperative Insurance Company
(181.31 million Saudi Riyals [US$48.35 million]
of which 47%
During the year ended December of 2017, sales at
United Cooperative Assurance Company SJSC were 261.37 million Saudi Riyals (US$69.70 million).
decrease of 64.3%
versus 2016, when the company's sales were 731.83 million Saudi Riyals.
Contributing to the drop in overall sales was the 73.3% decline
in Motor, from 565.05 million Saudi Riyals to 150.91 million Saudi Riyals.
There were also decreases in sales in
Medical (down 58.0% to 36.53 million Saudi Riyals)
Other (down 53.1% to 27.74 million Saudi Riyals)
However, these declines were partially offset by the increase in sales of
Energy (up 1.1% to 3.46 million Saudi Riyals)