Ayalon Holdings Limited operates in the Fire, marine, and casualty insurance sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Ayalon Holdings Limited with three other
insurance companies in Middle East:
Gulf Insurance Group KSCP
sales of 178.85 million Kuwaiti Dinars [US$588.33 million]
of which 47%
was Total General Risk Insurance),
Abu Dhabi National Insurance Company PSC
of United Arab Emirates
(1.74 billion Arab Emirates Dirhams [US$472.54 million]
of which 60%
was Personal Insurance), and
Al Rajhi for Cooperative Insurance
based in Saudi Arabia
(2.95 billion Saudi Riyals [US$787.15 million]
of which 76%
Ayalon Holdings Limited reported sales of 2.30 billion Israel Shekels (US$658.33 million)
December of 2018.
decrease of 12.2%
versus 2017, when the company's sales were 2.62 billion Israel Shekels.
The sales level in 2018 was fairly close to the level five years ago: in 2013, Ayalon Holdings Limited had sales
of 2.32 billion Israel Shekels.
Contributing to the drop in overall sales was the 51.3% decline
in Other, from 98.53 million Israel Shekels to 48.00 million Israel Shekels.
There were also decreases in sales in
General Insurance (down 3.6% to 1.45 billion Israel Shekels)
Life Insurance and Lt Savings (down 30.7% to 514.25 million Israel Shekels)
However, these declines were partially offset by the increase in sales of
Health Insurance (up 0.8% to 294.70 million Israel Shekels)
Unallocated (up 46.8% to 38.05 million Israel Shekels)