Saudi United Cooperative Insurance Company operates in the Fire, marine, and casualty insurance sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Saudi United Cooperative Insurance Company with three other
companies in this sector in Saudi Arabia:
Allianz Saudi Fransi Cooperative Insurance Company
sales of 543.82 million Saudi Riyals [US$145.02 million]
of which 46%
United Cooperative Assurance Company SJSC
(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%
Saudi United Cooperative Insurance Company 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 Saudi United Cooperative Insurance Company 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 Saudi United Cooperative Insurance Company 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).
Saudi United Cooperative Insurance Company also experienced decreases in sales in
Others (down 2.8% to 34.78 million Saudi Riyals)