Gulf Union Cooperative Insurance Company operates in the Hospital and medical service plans sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Gulf Union Cooperative Insurance Company with three other
insurance companies in Middle East:
Al Khazna Insurance CoMPANY
of United Arab Emirates
sales of 107.60 million Arab Emirates Dirhams [US$29.30 million]
of which 166%
Al-Ahlia Insurance Company for Cooperative Insurance
(216.37 million Saudi Riyals [US$57.70 million]
of which 56%
was Vehicles), and
Gulf General Cooperative Insurance Co
(196.86 million Saudi Riyals [US$52.50 million]
of which 58%
Gulf Union Cooperative Insurance Company reported sales of 157.31 million Saudi Riyals (US$41.95 million)
December of 2015.
decrease of 37.8%
versus 2014, when the company's sales were 252.95 million Saudi Riyals.
Contributing to the drop in overall sales was the 59.1% decline
in Medical, from 127.91 million Saudi Riyals to 52.26 million Saudi Riyals.
There were also decreases in sales in
Motor (down 18.9% to 46.60 million Saudi Riyals)
Marine (down 0.4% to 8.44 million Saudi Riyals)
However, these declines were partially offset by the increase in sales of
Property (up 19.5% to 3.25 million Saudi Riyals)