AXA Cooperative Insurance Company SJSC operates in the Fire, marine, and casualty insurance sector.
In addition to historical fundamental analyses, the complete report available to purchase compares AXA Cooperative Insurance Company SJSC with three other
companies in this sector in SAUDI ARABIA :
Allianz Saudi Fransi Cooperative Insurance Company SJSC
(2019
sales of 712.97 million Saudi Arabian Riyals [US$190.08 million]
of which 64%
was Vehicles),
Walaa Cooperative Insurance Company SJSC
(766.23 million Saudi Arabian Riyals [US$204.28 million]
of which 80%
was General Insurance/Motor), and
Al Etihad Cooperative Insurance Co SJSC
(856.57 million Saudi Arabian Riyals [US$228.36 million]
of which 74%
was Motor).
Sales Analysis.
AXA Cooperative Insurance Company SJSC reported sales of 1.32 billion Saudi Arabian Riyals (US$351.09 million)
for the
year ending
December of 2019.
This
represents
a
decrease of 0.4%
versus 2018, when the company's sales were 1.32 billion Saudi Arabian Riyals.
Contributing to the drop in overall sales was the 6.7% decline
in Vehicles, from 826.83 million Saudi Arabian Riyals to 771.11 million Saudi Arabian Riyals.
.
However, these declines were partially offset by the increase in sales of
Medical (up 11.6% to 355.93 million Saudi Arabian Riyals)
and
Property (up 302.4% to 125.12 million Saudi Arabian Riyals)
.