Allied Cooperative Insurance Group operates in the Fire, marine, and casualty insurance sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Allied Cooperative Insurance Group with three other
companies in this sector in Saudi Arabia:
Allianz Saudi Fransi Cooperative Insurance Company
sales of 418.58 million Saudi Riyals [US$111.62 million]
of which 36%
was Protection & Saving),
Buruj Cooperative Insurance Co
(379.57 million Saudi Riyals [US$101.22 million]
of which 68%
was Vehicles), and
Arabian Shield Cooperative Insurance
(376.71 million Saudi Riyals [US$100.46 million]
of which 52%
Allied Cooperative Insurance Group reported sales of 404.54 million Saudi Riyals (US$107.88 million)
December of 2015.
increase of 80.1%
versus 2014, when the company's sales were 224.58 million Saudi Riyals.
Sales at Allied Cooperative Insurance Group have increased during each of the previous five years
(and since 2010, sales have increased a total of 1,558%).
Sales of Vehicles saw an increase
that was more than double the company's growth rate: sales were up
203.8% in 2015, from
85.69 million Saudi Riyals to 260.30 million Saudi Riyals.
Not all segments of Allied Cooperative Insurance Group experienced an increase in sales in 2015:
sales of Other fell 72.6% to 355,000.00 Saudi Riyals.
(However, this segment's sales were only a very small portion of the company's overall sales).
Allied Cooperative Insurance Group also experienced decreases in sales in
Medical (down 3.2% to 117.15 million Saudi Riyals)