The Mediterranean & Gulf Insurance & Reinsurance Company operates in the Hospital and medical service plans sector.
In addition to historical fundamental analyses, the complete report available to purchase compares The Mediterranean & Gulf Insurance & Reinsurance Company with three other
insurance companies in Middle East:
Al Sagr Co. for Cooperative Insurance
sales of 536.38 million Saudi Riyals [US$143.04 million]
Saudi Arabian Cooperative Insurance Company
(584.55 million Saudi Riyals [US$155.88 million]
of which 44%
was Health Insurance), and
Malath Cooperative Insurance Company SJSC
(1.88 billion Saudi Riyals [US$501.32 million]
The Mediterranean & Gulf Insurance & Reinsurance Company reported sales of 2.99 billion Saudi Riyals (US$798.39 million)
December of 2016.
decrease of 14.2%
versus 2015, when the company's sales were 3.49 billion Saudi Riyals.
Contributing to the drop in overall sales was the 18.3% decline
in Vehicles, from 523.96 million Saudi Riyals to 428.11 million Saudi Riyals.
There were also decreases in sales in
Medical Insurance (down 14.6% to 2.43 billion Saudi Riyals)
Other (down 11.0% to 87.26 million Saudi Riyals)