Buruj Cooperative Insurance Co operates within the Fire, marine, and casualty insurance sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Buruj Cooperative Insurance Co with three other
companies in this sector in Saudi Arabia:
Arabian Shield Cooperative Insurance Company SJSC
sales of 442.25 million Saudi Riyals [US$117.93 million]
of which 72%
Wataniya Insurance Company SJSC
(453.25 million Saudi Riyals [US$120.87 million]
of which 76%
was Motor), and
Allied Cooperative Insurance Group
(457.46 million Saudi Riyals [US$121.99 million]
of which 69%
During the year ended December of 2018, sales at
Buruj Cooperative Insurance Co were 380.09 million Saudi Riyals (US$101.36 million).
decrease of 24.9%
versus 2017, when the company's sales were 506.38 million Saudi Riyals.
Contributing to the drop in overall sales was the 37.7% decline
in Medical, from 181.51 million Saudi Riyals to 113.14 million Saudi Riyals.
There were also decreases in sales in
Vehicles (down 21.0% to 225.66 million Saudi Riyals)
However, these declines were partially offset by the increase in sales of
Property (up 320.8% to 18.97 million Saudi Riyals)