Allianz Saudi Fransi Cooperative Insurance Co (8040)

Riyadh – Mubasher: Allianz Saudi Fransi Cooperative Insurance Company achieved net profits after Zakat attributable to the shareholders amounting to SAR 9.98 million in the first quarter (Q1) of 2024. The registered net profits were higher by …

Abu Dhabi – Mubasher: Abu Dhabi National Insurance Company (ADNIC) has completed the acquisition of a 51% stake in Allianz Saudi Fransi Cooperative Insurance Company, according to a press release. The transaction will enable ADNIC to become one of …

Riyadh – Mubasher: Allianz Saudi Fransi Cooperative Insurance Company reported a 331.29% year-on-year (YoY) surge in net profit after Zakat attributable to shareholders to SAR 36.98 million in 2023 from SAR 8.57 million. Insurance revenues grew by …

Riyadh – Mubasher: Allianz Saudi Fransi Cooperative Insurance Company logged net profits before Zakat worth SAR 33.83 million in the first nine months (9M) of 2023, an annual leap of 392.16% from SAR 6.87 million. Earnings per share (EPS) hit SAR …

Riyadh – Mubasher:  Allianz Saudi Fransi Cooperative Insurance Company inked a contract with Banque Saudi Fransi at a total value of SAR 63.61 million on 1 July 2023. Under the one-year agreement, the listed firm will issue a credit life policy, …

Riyadh – Mubasher:  Allianz Saudi Fransi Cooperative Insurance Company shifted to net profits before Zakat amounting to SAR 13.50 million in the first quarter (Q1) of 2023. The positive results were compared with net losses valued at SAR 1.45 …

Riyadh – Mubasher: Allianz Saudi Fransi Cooperative Insurance Company generated net profits before Zakat worth SAR 28.03 million in 2022, a 70.06% year-on-year (YoY) hike from SAR 16.48 million. Earnings per share (EPS) stood at SAR 0.33 last …

Riyadh – Mubasher: Allianz Saudi Fransi Cooperative Insurance Company has appointed Al Waleed Al Dryyan as the new Chairman of the board for the next three years. The insurer also named Bader Al Salloom as the Vice Chairman, according to a recent …

Riyadh – Mubasher: Allianz Saudi Fransi Cooperative Insurance Company’s net profit before Zakat increased by 12.53% year-on-year (YoY) in the first half (H1) of 2022 to SAR 10.11 million, compared to SAR 8.98 million.     Profit per share amounted …

Riyadh – Mubasher: Allianz Saudi Fransi Cooperative Insurance Company has signed an insurance agreement with Banque Saudi Fransi at a total cost of SAR 44.36 million. Upon the contract signed on 1 July,  Allianz Saudi Fransi will provide the bank …

Riyadh – Mubasher: Allianz Saudi Fransi Cooperative Insurance Company has registered net profits before Zakat worth SAR 3.19 million during the first quarter (Q1) of 2022, an annual drop of 32.72% from SAR 4.74 million. Earnings per share (EPS) …

Riyadh – Mubasher: Allianz Saudi Fransi Cooperative Insurance Company posted a year-on-year (YoY) decrease of 89.6% in net losses before Zakat at SAR 1.06 million during the third quarter (Q3) of 2021 from SAR 10.3 million. On a quarterly basis, …

Riyadh – Mubasher: Allianz Saudi Fransi Cooperative Insurance Company registered net profits before Zakat worth SAR 8.52 million in the first half (H1) of 2021, against losses worth SAR 4.57 million in H1-20. Earnings per share amounted to SAR …

Riyadh – Mubasher: Allianz Saudi Fransi Cooperative Insurance Company achieved a net profit before Zakat of SAR 4.74 million during the first quarter (Q1) of 2021, against a net loss of SAR 14.97 million in the same period a year ago. The company …

Riyadh – Mubasher: Allianz Saudi Fransi Cooperative Insurance Company reported net losses of SAR 17.63 million in 2020, against a SAR 41.61 million net profit in 2019. The company attributed turning to losses to a decrease in net revenue by 24.7%, …

Riyadh -Mubasher: Allianz Saudi Fransi Cooperative Insurance Company (Allianz SF) swung to a net loss of SAR 10.3 million during the quarter ended on 30 September 2020, compared with a profit of SAR 8.3 million in the year-ago period. The move to …

Riyadh -Mubasher: Allianz Saudi Fransi Cooperative Insurance Company (Allianz SF) generated SAR 10.39 million in net profits during the second quarter (Q2) of 2020, posting a 53.3% yearly growth. The increase in net profit is primarily attributed …

Riyadh -Mubasher: Allianz Saudi Fransi Cooperative Insurance Company (Allianz SF) announced that its rights issue registered a coverage ratio of 538.78% at the end of the reoffering period with 2.495 million shares allocated. The total amount …

Riyadh -Mubasher: Allianz Saudi Fransi Cooperative Insurance Company (Allianz SF) announced that a total of 37.5 million shares of the newly offered shares have been subscribed at a value of SAR 375.04 million. The company’s rights issue was …

Riyadh - Mubasher: The extraordinary general meeting (EGM) of Allianz Saudi Fransi Cooperative Insurance Company (Allianz SF) approved on Monday,16 June, increasing the company’s capital through a SAR 400 million rights issue. Accordingly, the …

Riyadh - Mubasher: Allianz Saudi Fransi Cooperative Insurance Company (Allianz SF) recorded a net loss before Zakat of SAR 14.97 million during the first quarter (Q1) of 2020, against a profit of SAR 11.22 million in the year-ago period. The …

Riyadh – Mubasher: The Saudi Capital Markets Authority (CMA) has approved Allianz Saudi Fransi Cooperative Insurance Company’s request to increase its capital through a SAR 400 million rights issue. The increase will be limited to shareholders, …

Riyadh – Mubasher: Allianz Saudi Fransi Cooperative Insurance Company (Allianz SF) posted a 9.8% year-on-year decrease in its profits during the third quarter of 2019, recording SAR 8 million. The gross written premiums (GWP) reached SAR 166 …

Riyadh – Mubasher: Allianz Saudi Fransi Cooperative Insurance Company (Allianz SF) reported its interim financial statements for the second quarter of 2019. Net profits plunged by 29.01% to SAR 6.7 million in Q2-19, compared to SAR 9.5 million in …

Riyadh – Mubasher: Allianz Saudi Fransi Cooperative Insurance Company (Allianz SF) reported a 15.9% year-on-year profit increase during the first quarter of 2019. Net profits before zakat reached SAR 11.22 million in Q1-19, from SAR 9.6 million in …