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:
Arabia Insurance Cooperative Company
sales of 452.17 million Saudi Riyals [US$120.58 million]
of which 61%
Allianz Saudi Fransi Cooperative Insurance Company
(418.58 million Saudi Riyals [US$111.62 million]
of which 36%
was Protection & Saving), and
Allied Cooperative Insurance Group
(404.54 million Saudi Riyals [US$107.88 million]
of which 64%
Saudi United Cooperative Insurance Company reported sales of 473.03 million Saudi Riyals (US$126.14 million)
December of 2015.
increase of 47.9%
versus 2014, when the company's sales were 319.91 million Saudi Riyals.
Sales at Saudi United Cooperative Insurance Company have increased during each of the previous five years
(and since 2010, sales have increased a total of 295%).
Sales of General Insurance/motor saw an increase
that was more than double the company's growth rate: sales were up
112.0% in 2015, from
163.97 million Saudi Riyals to 347.66 million Saudi Riyals.
Not all segments of Saudi United Cooperative Insurance Company experienced an increase in sales in 2015:
sales of Property fell 5.8% to 6.42 million Saudi Riyals.
(However, this segment's sales were only a very small portion of the company's overall sales).