Arabian Shield Cooperative 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 Arabian Shield Cooperative Insurance Company SJSC with three other
companies in this sector in Saudi Arabia:
Buruj Cooperative Insurance Co
(2018
sales of 380.09 million Saudi Riyals [US$101.36 million]
of which 59%
was Vehicles),
Allied Cooperative Insurance Group
(457.46 million Saudi Riyals [US$121.99 million]
of which 69%
was Vehicles), and
Wataniya Insurance Company SJSC
(453.25 million Saudi Riyals [US$120.87 million]
of which 76%
was Motor).
Sales Analysis.
Arabian Shield Cooperative Insurance Company SJSC reported sales of 442.25 million Saudi Riyals (US$117.93 million)
for the
year ending
December of 2018.
This
represents
a
decrease of 14.9%
versus 2017, when the company's sales were 519.76 million Saudi Riyals.
Contributing to the drop in overall sales was the 55.4% decline
in Vehichles, from 143.03 million Saudi Riyals to 63.73 million Saudi Riyals.
.
However, these declines were partially offset by the increase in sales of
Health (up 5.3% to 319.80 million Saudi Riyals)
and
Security (up 284.5% to 16.16 million Saudi Riyals)
.