Company for Cooperative Insurance SJSC operates within the Hospital and medical service plans sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Company for Cooperative Insurance SJSC with three other
companies in this sector in Saudi Arabia:
Malath Cooperative Insurance and Reinsurance Company SJSC
sales of 1.88 billion Saudi Riyals [US$501.32 million]
of which 69%
Bupa Arabia for Cooperative Insurance Company SJSC
(7.80 billion Saudi Riyals [US$2.08 billion]
The Mediterranean & Gulf Insurance & Reinsurance Company
(2.99 billion Saudi Riyals [US$798.39 million]
of which 81%
was Medical Insurance).
During the year ended December of 2016, sales at
Company for Cooperative Insurance SJSC were 7.26 billion Saudi Riyals (US$1.94 billion).
increase of 19.1%
versus 2015, when the company's sales were 6.09 billion Saudi Riyals.
This was the fifth consecutive year of sales increases at Company for Cooperative Insurance SJSC
(and since 2011, sales have increased a total of 128%).
Sales of Gates saw an increase
that was more than double the company's growth rate: sales were up
48.3% in 2016, from
157.55 million Saudi Riyals to 233.58 million Saudi Riyals.
Company for Cooperative Insurance SJSC also saw significant increases in sales in
Vehicles (up 36.5% to 1.48 billion Saudi Riyals)
Not all segments of Company for Cooperative Insurance SJSC experienced an increase in sales in 2016:
sales of Other Property fell 0.1% to 138.50 million Saudi Riyals.
(However, this segment's sales were only a very small portion of the company's overall sales).