LIVA
8280
1.19%
18.64
0.22
8280
Riyadh-Mubasher: Al Alamiya for Cooperative Insurance recorded net earnings of SAR 9.8 million in the second quarter ended 30 June, against losses of SAR 9.8 million a year earlier.
The insurer also posted net income of SAR 11.8 million for the six-month period ended 30 June, versus losses of SAR 26.3 million in H1-14.
The company attributed the profits to rise in net earned premiums and decline in net incurred claims.
Source:
Mubasher