Walaa Cooperative Insurance Company SJSC operates in the Fire, marine, and casualty insurance sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Walaa Cooperative Insurance Company SJSC with three other
companies in this sector in Saudi Arabia:
United Cooperative Assurance Company SJSC
sales of 731.83 million Saudi Riyals [US$195.16 million]
Trade Union Cooperative Insurance Co
(803.40 million Saudi Riyals [US$214.24 million]
of which 75%
was Motor), and
Allianz Saudi Fransi Cooperative Insurance Company
(543.82 million Saudi Riyals [US$145.02 million]
of which 46%
Walaa Cooperative Insurance Company SJSC reported sales of 678.58 million Saudi Riyals (US$180.96 million)
December of 2016.
increase of 43.5%
versus 2015, when the company's sales were 473.03 million Saudi Riyals.
Sales at Walaa Cooperative Insurance Company SJSC have increased during each of the previous five years
(and since 2011, sales have increased a total of 309%).
Sales of Medical Insurance saw an increase
that was more than double the company's growth rate: sales were up
129.1% in 2016, from
53.91 million Saudi Riyals to 123.53 million Saudi Riyals.
Not all segments of Walaa Cooperative Insurance Company SJSC experienced an increase in sales in 2016:
sales of Property fell 37.8% to 3.99 million Saudi Riyals.
(However, this segment's sales were only a very small portion of the company's overall sales).
Walaa Cooperative Insurance Company SJSC also experienced decreases in sales in
Others (down 2.8% to 34.78 million Saudi Riyals)