Solidarity Bahrain BSC operates in the Fire, marine, and casualty insurance sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Solidarity Bahrain BSC with three other
insurance companies in Middle East:
Alinma Tokio Marine Company SJSC
of SAUDI ARABIA
(2020
sales of 177.63 million Saudi Arabian Riyals [US$47.37 million]
of which 45%
was Motors),
Dubai National Insurance and Reinsurance Co PSC
of UNITED ARAB EMIRATES
(170.45 million UAE Dirham [US$46.41 million]
of which 186%
was Underwriting), and
National Insurance Company Ltd.
which is
based in PALESTINE
(34.08 million Jordanian Dinar [US$48.07 million]
).
Sales Analysis.
Solidarity Bahrain BSC reported sales of 17.99 million Bahrainian Dinars (US$47.73 million)
for the
year ending
December of 2020.
This
represents
a
decrease of 0.8%
versus 2019, when the company's sales were 18.14 million Bahrainian Dinars.
Contributing to the drop in overall sales was the 6.8% decline
in Motor, from 10.05 million Bahrainian Dinars to 9.36 million Bahrainian Dinars.
.
However, these declines were partially offset by the increase in sales of
Medical (up 14.8% to 4.79 million Bahrainian Dinars)
and
Fire and General Accident (up 3.6% to 1.49 million Bahrainian Dinars)
and
Group Life (up 8.8% to 592,000.00 Bahrainian Dinars)
.