United Cooperative Assurance Company SJSC operates within the Fire, marine, and casualty insurance sector.
In addition to historical fundamental analyses, the complete report available to purchase compares United Cooperative Assurance Company SJSC with three other
companies in this sector in Saudi Arabia:
Al Alamiya For Cooperative Insurance Company
sales of 175.47 million Saudi Riyals [US$46.79 million]
of which 54%
Solidarity Saudi Takaful Company JSC
(175.79 million Saudi Riyals [US$46.88 million]
of which 50%
was Health Insurance), and
Metlife American International Group and Arab National Bank Cooperative Insuranc
(212.20 million Saudi Riyals [US$56.59 million]
of which 75%
was Health Insurance).
During the year ended December of 2018, sales at
United Cooperative Assurance Company SJSC were 181.07 million Saudi Riyals (US$48.28 million).
decrease of 30.7%
versus 2017, when the company's sales were 261.37 million Saudi Riyals.
Contributing to the drop in overall sales was the 38.8% decline
in Motor, from 150.91 million Saudi Riyals to 92.43 million Saudi Riyals.
There were also decreases in sales in
Medical (down 8.8% to 33.30 million Saudi Riyals)
Engineering (down 25.8% to 21.92 million Saudi Riyals)
Energy (down 3.2% to 3.35 million Saudi Riyals)
Other (down 22.4% to 21.53 million Saudi Riyals)