Al-Ahlia Insurance Co. announces the interim financial results for the period ending on 30-06-2017 (Six Months)
| Element | Current quarter | Similar quarter for previous year | % Change current | Previous quarter | % Change previous |
|---|---|---|---|---|---|
| Net profit (loss) before Zakat | 4,082 | -4,996 | - | 707 | 477.37 |
| Surplus (deficit) of insurance transactions less returns of policy holders investment (operating transactions results) | 2,563 | -3,617 | - | 881 | 190.92 |
| Gross written premiums (GWP) | 46,475 | 42,673 | 8.91 | 45,737 | 1.61 |
| Net written premiums (NWP) | 42,799 | 39,589 | 8.11 | 41,532 | 3.05 |
| Net incurred claims | 27,719 | 36,013 | -23.03 | 20,698 | 33.92 |
| Net profit (loss) of policy holders investment | 367 | 472 | -22.25 | 257 | 42.8 |
| Net profit (loss) of shareholders capital investment | 1,842 | -1,147 | - | 1,550 | 18.84 |
| All figures are in (Thousands) Saudi Arabia, Riyals | |||||
| Element | Current period | Similar period for previous year | % Change |
|---|---|---|---|
| Net profit (loss) before Zakat | 4,790 | -13,244 | - |
| Surplus (deficit) of insurance transactions less returns of policy holders investment (operating transactions results) | 3,444 | -10,663 | - |
| Gross written premiums (GWP) | 92,212 | 96,186 | -4.13 |
| Net written premiums (NWP) | 84,331 | 87,630 | -3.76 |
| Net incurred claims | 48,417 | 85,731 | -43.52 |
| Net profit (loss) of policy holders investment | 624 | 1,724 | -63.81 |
| Net profit (loss) of shareholders capital investment | 3,392 | -3,136 | - |
| Earning or loss per share, Riyals | 0.3 | -0.83 | - |
| All figures are in (Thousands) Saudi Arabia, Riyals | |||
| Element | EXPLAINATION |
|---|---|
| Reasons of increase (decrease) for the quarter compared with same quarter last year | No Translation - See Arabic Version |
| Reasons of increase (decrease) for the period compared with same period last year | No Translation - See Arabic Version |
| Reasons of increase (decrease) for the quarter compared with the previous quarter | No Translation - See Arabic Version |
| External auditor's report containing reservation | No Translation - See Arabic Version |
| Reclassifications in quarterly financial results | No Translation - See Arabic Version |
| Other notes | No Translation - See Arabic Version |
Comments