8050

Salama Cooperative Insurance Co.

Salama Business segments

 TASI Companies with accumulated losses of 50% or more of its capital
14.44
0.04 0.28 %
Segment Distribution
Medical Insurance Includes medical costs, medicines and all the medical and therapeutic services and supplies.
Motor Insurance Covers losses and liabilities related to vehicles.
Other classes Includes property, marine, engineering, accidents, liabilities & other insurance segments.
USD Riyal
 
2022
2021
2020
2019
2018
2017
2016
2015
2014
2013
2012
2011
2010
2009
 
Million
Million
Million
Million
Million
Million
Million
Million
Million
Million
Million
Million
Million
Million

Gross Premiums written
Business Segment
Chart
Medical Insurance
142.58
86.35
89.36
123.26
119.08
78.77
30.02
29.69
37.21
25.56
35.47
60.20
43.91
32.02
Motor Insurance
624.07
351.48
313.90
360.35
592.48
645.31
523.29
342.73
263.67
175.86
153.61
140.51
72.99
170.10
Other classes
25.46
29.70
24.37
19.90
23.43
26.61
18.05
19.32
18.10
16.89
15.18
17.95
22.30
27.13
Total
792.11
467.53
427.62
503.50
734.98
750.69
571.35
391.74
318.97
218.31
204.26
218.66
139.20
229.25

Net Premiums written
Business Segment
Chart
Medical Insurance
135.44
82.81
74.19
113.33
114.65
77.01
29.28
27.82
36.57
24.88
21.45
37.25
26.65
16.26
Motor Insurance
558.80
313.78
279.55
319.13
567.57
629.78
510.03
337.50
259.22
173.56
151.59
139.31
72.08
168.17
Other classes
7.71
10.95
8.84
5.41
5.13
6.04
3.79
3.76
3.38
4.44
3.20
3.83
5.40
4.87
Total
701.95
407.53
362.57
437.86
687.34
712.83
543.10
369.09
299.16
202.88
176.24
180.39
104.13
189.30

Changes in unearned premiums
Business Segment
Chart
Medical Insurance
(28.13)
1.99
15.13
0.31
(29.85)
(17.86)
(0.96)
4.74
(3.97)
(3.66)
8.21
(3.48)
(5.94)
6.75
Motor Insurance
(155.02)
(7.69)
1.14
66.68
69.61
(18.03)
(109.25)
(33.79)
(36.54)
(21.27)
8.63
(44.66)
34.84
15.85
Other classes
2.26
(2.54)
(3.48)
(0.86)
0.00
(1.61)
0.08
1.41
(1.44)
0.43
(0.29)
0.15
(0.19)
(0.12)
Total
(180.89)
(8.24)
12.79
66.13
39.77
(37.50)
(110.13)
(27.64)
(41.95)
(24.50)
16.55
(47.99)
28.71
22.48

Net premiums earned
Business Segment
Chart
Medical Insurance
107.31
84.85
89.32
113.64
84.80
59.14
28.33
32.56
32.60
21.22
29.66
33.77
20.71
23.01
Motor Insurance
403.78
306.09
280.69
385.81
637.18
611.75
400.78
303.72
222.68
152.28
160.22
94.66
106.93
184.02
Other classes
9.97
8.41
5.35
4.55
5.13
4.43
3.86
5.18
1.93
4.87
2.91
3.98
5.20
4.75
Total
521.07
399.34
375.36
504.00
727.11
675.32
432.97
341.45
257.21
178.37
192.79
132.41
132.84
211.78

Reinsurance commissions
Business Segment
Chart
Medical Insurance
-
-
-
-
-
-
-
-
-
0.00
2.15
0.00
0.00
1.03
Motor Insurance
4.65
3.93
3.61
2.10
1.17
-
-
-
-
0.01
0.00
0.00
0.00
0.00
Other classes
4.63
4.49
3.36
3.86
5.15
-
-
-
-
3.62
3.00
3.59
5.42
3.16
Total
9.28
8.43
6.97
5.95
6.32
0.00
0.00
0.00
0.00
3.63
5.15
3.59
5.42
4.19

Net claims incurred
Business Segment
Chart
Medical Insurance
(56.55)
(57.23)
(77.09)
(129.87)
(66.72)
(24.81)
(18.61)
(18.21)
(17.41)
(19.27)
(25.03)
(18.33)
14.60
(7.54)
Motor Insurance
(391.48)
(289.39)
(199.42)
(299.77)
(510.66)
(471.68)
(309.79)
(271.89)
(201.29)
(158.18)
(126.81)
(65.36)
(60.59)
(110.50)
Other classes
2.73
(1.96)
(3.90)
(1.87)
(1.40)
(1.40)
(1.56)
(1.53)
(0.36)
(2.90)
(2.47)
(0.07)
(5.51)
(1.21)
Total
(445.30)
(348.58)
(280.40)
(431.52)
(578.78)
(497.89)
(329.96)
(291.63)
(219.06)
(180.35)
(154.31)
(83.76)
(51.50)
(119.25)

Reinsurers Share of unearned premium
Business Segment
Chart
Medical Insurance
-
-
-
-
-
-
-
-
0.00
0.00
4.94
9.77
8.04
3.60
Motor Insurance
34.05
16.83
15.98
16.10
-
-
-
-
0.39
0.04
0.00
0.01
0.00
1.23
Other classes
7.82
8.73
7.30
5.76
13.14
8.89
4.75
6.06
4.54
3.20
4.36
4.28
4.06
5.01
Total
41.88
25.56
23.27
21.86
13.14
8.89
4.75
6.06
4.93
3.24
9.30
14.06
12.10
9.84

Reinsurers Share of outstanding claims, net
Business Segment
Chart
Medical Insurance
0.87
0.92
1.35
-
-
-
-
-
0.00
0.88
6.85
8.51
6.80
0.60
Motor Insurance
9.89
8.41