Saudi Reinsurance Company operates in the Life insurance sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Saudi Reinsurance Company with three other
insurance companies in Middle East:
Ras Al Khaimah National Insurance Company PSC
of United Arab Emirates
sales of 310.17 million Arab Emirates Dirhams [US$84.45 million]
Jordan Insurance Company PSC
(46.37 million Jordanian Dinars [US$65.30 million]
Kuwait Reinsurance Company KSCP
based in Kuwait
(33.35 million Kuwaiti Dinars [US$111.17 million]
of which 65%
Saudi Reinsurance Company reported sales of 658.79 million Saudi Riyals (US$175.68 million)
December of 2017.
decrease of 43.1%
versus 2016, when the company's sales were 1.16 billion Saudi Riyals.
Contributing to the drop in overall sales was the 86.1% decline
in Vehicles, from 745.47 million Saudi Riyals to 103.54 million Saudi Riyals.
There were also decreases in sales in
Engineering (down 5.5% to 67.51 million Saudi Riyals)
However, these declines were partially offset by the increase in sales of
Fire (up 31.5% to 153.16 million Saudi Riyals)
Specialized (up 100.2% to 55.12 million Saudi Riyals)
General Accidents (up 58.1% to 54.56 million Saudi Riyals)
Life (up 24.1% to 53.70 million Saudi Riyals)
Marine (up 0.2% to 33.69 million Saudi Riyals)
Other (up 26.9% to 74.55 million Saudi Riyals)