Wataniya 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 Wataniya Insurance Company SJSC with three other
companies in this sector in SAUDI ARABIA :
Allied Cooperative Insurance Group
sales of 482.34 million Saudi Arabian Riyals [US$128.59 million]
of which 71%
Arabian Shield Cooperative Insurance Company SJSC
(491.16 million Saudi Arabian Riyals [US$130.94 million]
of which 76%
was Health), and
Salama Cooperative Insurance Company SJSC
(522.12 million Saudi Arabian Riyals [US$139.20 million]
of which 75%
was Vehicles Insurance).
Wataniya Insurance Company SJSC reported sales of 499.20 million Saudi Arabian Riyals (US$133.09 million)
December of 2019.
increase of 10.1%
versus 2018, when the company's sales were 453.25 million Saudi Arabian Riyals.
Sales at Wataniya Insurance Company SJSC have increased during each of the previous five years
(and since 2014, sales have increased a total of 88%).
Sales of Other saw an increase
that was more than double the company's growth rate: sales were up
38.8% in 2019, from
20.48 million Saudi Arabian Riyals to 28.42 million Saudi Arabian Riyals.
Wataniya Insurance Company SJSC also saw significant increases in sales in
Marine (up 25.8% to 19.96 million Saudi Arabian Riyals)
Not all segments of Wataniya Insurance Company SJSC experienced an increase in sales in 2019:
sales of Extended Warranty fell 18.6% to 10.47 million Saudi Arabian Riyals.
(However, this segment's sales were only a very small portion of the company's overall sales).
Wataniya Insurance Company SJSC also experienced decreases in sales in
Accident and Liability (down 1.4% to 14.10 million Saudi Arabian Riyals)