Buruj Cooperative Insurance Co operates within the Fire, marine, and casualty insurance sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Buruj Cooperative Insurance Co with three other
companies in this sector in Saudi Arabia:
Allied Cooperative Insurance Group
sales of 404.54 million Saudi Riyals [US$107.85 million]
of which 64%
Arabian Shield Cooperative Insurance
(376.71 million Saudi Riyals [US$100.43 million]
of which 52%
was Health), and
Allianz Saudi Fransi Cooperative Insurance Company
(418.58 million Saudi Riyals [US$111.59 million]
of which 36%
was Protection & Saving).
During the year ended December of 2015, sales at
Buruj Cooperative Insurance Co were 379.57 million Saudi Riyals (US$101.19 million).
increase of 24.4%
versus 2014, when the company's sales were 305.08 million Saudi Riyals.
This was the fifth consecutive year of sales increases at Buruj Cooperative Insurance Co
(and since 2010, sales have increased a total of 11,728%).
Sales of Vehicles saw an increase
33.9% in 2015, from
192.73 million Saudi Riyals to 258.05 million Saudi Riyals.
Not all segments of Buruj Cooperative Insurance Co experienced an increase in sales in 2015:
sales of Property fell 3.2% to 5.65 million Saudi Riyals.
(However, this segment's sales were only a very small portion of the company's overall sales).
Buruj Cooperative Insurance Co also experienced decreases in sales in
Marine (down 2.8% to 10.31 million Saudi Riyals)