Arab Insurance Group operates in the Life insurance sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Arab Insurance Group with three other
insurance companies in Middle East:
Malath Cooperative Insurance Company SJSC
of SAUDI ARABIA
sales of 710.33 million Saudi Arabian Riyals [US$189.37 million]
of which 57%
Allianz Saudi Fransi Cooperative Insurance Company SJSC
of SAUDI ARABIA
(712.97 million Saudi Arabian Riyals [US$190.08 million]
of which 64%
was Vehicles), and
Walaa Cooperative Insurance Company SJSC
based in SAUDI ARABIA
(766.23 million Saudi Arabian Riyals [US$204.28 million]
of which 80%
was General Insurance/Motor).
Arab Insurance Group reported sales of 75.35 million Bahrainian Dinars (US$199.86 million)
December of 2019.
decrease of 10.9%
versus 2018, when the company's sales were 84.52 million Bahrainian Dinars.
Contributing to the drop in overall sales was the 44.2% decline
in Property, from 16.03 million Bahrainian Dinars to 8.95 million Bahrainian Dinars.
There were also decreases in sales in
Facultative (down 0.3% to 33.57 million Bahrainian Dinars)
Life Short Term (down 25.8% to 5.05 million Bahrainian Dinars)
Marine (down 21.7% to 3.22 million Bahrainian Dinars)
Accident (down 2.9% to 3.15 million Bahrainian Dinars)
Other (down 40.6% to 6.75 million Bahrainian Dinars)
However, these declines were partially offset by the increase in sales of
Enginnering (up 4.6% to 5.70 million Bahrainian Dinars)
Life Long Term (up 255.1% to 174,174.00 Bahrainian Dinars)