Walaa Cooperative Insurance Co - Company Profile
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Walaa Cooperative Insurance Co (Walaa) is a provider of general insurance products in Saudi Arabia. Business performance of Property segment, solvency position, and diverse product portfolio are the key strengths of the company, even as its premium earnings remains an area of concern. The short-term economic outlook in Saudi Arabia, growth in general insurance industry, and the personal accident and health insurance category in Saudi Arabia could offer ample growth opportunities for the company. However, technological changes, natural calamities, and fluctuations in interest rates outbreak could affect the company’s business performance.
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