SALAMA Cooperative Insurance Company - Strategy, SWOT and Corporate Finance Report

SALAMA Cooperative Insurance Company - Strategy, SWOT and Corporate Finance Report

Summary

SALAMA Cooperative Insurance Company - Strategy, SWOT and Corporate Finance Report, is a source of comprehensive company data and information. The report covers the company's structure, operation, SWOT analysis, product and service offerings and corporate actions, providing a 360˚ view of the company.

Key Highlights

SALAMA Cooperative Insurance Company (SALAMA Cooperative), formerly Saudi IAIC Cooperative Insurance Company, is a provider of Shari’ah compliant insurance solutions (Takaful). The company offers insurance products for fire and property, motor, health, miscellaneous personal accident, workmen’s compensation, traveler’s accident and hospitalization, public liability, product liability, and employer’s liability. It also offers marine cargo insurance, marine hull insurance, and engineering insurance comprising erection all risks insurance, contractor’s all risks insurance, contractor’s plant and machinery insurance, machinery insurance, and boiler and pressure vessel insurance. SALAMA Cooperative serves both individual and institutional customers through its offerings. The company operates in the UAE, Saudi Arabia, Egypt, Senegal, Jordan, Algeria, and Tunis. SALAMA Cooperative is headquartered in Jeddah, Saudi Arabia.

The company reported gross written premiums of SAR571.4 million for the fiscal year ended December 2016 (FY2016), an increase of 45.9% over FY2015. It reported net earned premiums of SAR433 million FY2016, an increase of 26.8% over FY2015.

Scope

- Detailed information on SALAMA Cooperative Insurance Company required for business and competitor intelligence needs
- A study of the major internal and external factors affecting SALAMA Cooperative Insurance Company in the form of a SWOT analysis
- An in-depth view of the business model of SALAMA Cooperative Insurance Company including a breakdown and examination of key business segments
- Intelligence on SALAMA Cooperative Insurance Company's mergers and acquisitions (MandA), strategic partnerships and alliances, capital raising, private equity transactions, and financial and legal advisors
- News about SALAMA Cooperative Insurance Company, such as business expansion, restructuring, and contract wins
- Large number of easy-to-grasp charts and graphs that present important data and key trends

Reasons to buy

- Gain understanding of SALAMA Cooperative Insurance Company and the factors that influence its strategies.
- Track strategic initiatives of the company and latest corporate news and actions.
- Assess SALAMA Cooperative Insurance Company as a prospective partner, vendor or supplier.
- Support sales activities by understanding your customers' businesses better.
- Stay up to date on SALAMA Cooperative Insurance Company's business structure, strategy and prospects.