Malath Cooperative Insurance Company SJSC operates in the Hospital and medical service plans sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Malath Cooperative Insurance Company SJSC with three other
companies in this sector in Saudi Arabia:
The Mediterranean & Gulf Insurance & Reinsurance Company
sales of 2.99 billion Saudi Riyals [US$798.39 million]
of which 81%
was Medical Insurance),
Saudi Arabian Cooperative Insurance Company
(584.55 million Saudi Riyals [US$155.88 million]
of which 44%
was Health Insurance), and
Al Sagr Co. for Cooperative Insurance
(536.38 million Saudi Riyals [US$143.04 million]
Malath Cooperative Insurance Company SJSC reported sales of 1.88 billion Saudi Riyals (US$501.32 million)
December of 2016.
increase of 4.4%
versus 2015, when the company's sales were 1.80 billion Saudi Riyals.
Sales at Malath Cooperative Insurance Company SJSC have increased during each of the previous five years
(and since 2011, sales have increased a total of 356%).
Sales of Other saw an increase
that was more than double the company's growth rate: sales were up
108.9% in 2016, from
15.37 million Saudi Riyals to 32.11 million Saudi Riyals.
Not all segments of Malath Cooperative Insurance Company SJSC experienced an increase in sales in 2016:
sales of Property fell 75.5% to 2.60 million Saudi Riyals.
(However, this segment's sales were only a very small portion of the company's overall sales).
Malath Cooperative Insurance Company SJSC also experienced decreases in sales in
Vehicles (down 18.2% to 1.30 billion Saudi Riyals)
Health Insurance (down 15.0% to 84.09 million Saudi Riyals)
Engineering (down 49.2% to 913,000.00 Saudi Riyals)