Idi Insurance Company Ltd operates in the Life insurance sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Idi Insurance Company Ltd with three other
insurance companies in Middle East:
Arab Insurance Group
of Bahrain
(2018
sales of 84.52 million Bahranine Dinars [US$224.20 million]
of which 40%
was Facultative),
Oman Insurance Company PSC
of United Arab Emirates
(1.96 billion Arab Emirates Dirhams [US$534.98 million]
of which 43%
was Life Insurance), and
Saudi Re for Cooperative Reinsurance Company SJSC
which is
based in Saudi Arabia
(638.59 million Saudi Riyals [US$170.29 million]
of which 28%
was Fire).
Sales Analysis.
Idi Insurance Company Ltd reported sales of 2.41 billion Israel Shekels (US$695.11 million)
for the
year ending
December of 2018.
This
represents
an
increase of 4.6%
versus 2017, when the company's sales were 2.31 billion Israel Shekels.
Sales at Idi Insurance Company Ltd have increased during each of the previous five years
(and since 2013, sales have increased a total of 68%).
Sales of Health Insurance saw an increase
that was more than double the company's growth rate: sales were up
16.8% in 2018, from
211.79 million Israel Shekels to 247.43 million Israel Shekels.
Not all segments of Idi Insurance Company Ltd experienced an increase in sales in 2018:
sales of Unallocated fell 51.1% to 16.53 million Israel Shekels.
(However, this segment's sales were only a very small portion of the company's overall sales).
Idi Insurance Company Ltd also experienced decreases in sales in
Life Insurance and Lt Savings (down 0.9% to 271.52 million Israel Shekels)
.