AXA Cooperative Insurance Co. announces the interim financial results for the period ending on 30-09-2017 (Nine Months)
| Element | Current quarter | Similar quarter for previous year | % Change current | Previous quarter | % Change previous |
|---|---|---|---|---|---|
| Net profit (loss) before Zakat | 12,591 | 11,194 | 12.48 | 14,828 | -15.09 |
| Surplus (deficit) of insurance transactions less returns of policy holders investment (operating transactions results) | 5,948 | 4,236 | 40.42 | 8,145 | -26.97 |
| Gross written premiums (GWP) | 369,251 | 387,053 | -4.6 | 219,933 | 67.89 |
| Net written premiums (NWP) | 334,054 | 346,327 | -3.54 | 194,875 | 71.42 |
| Net incurred claims | 237,841 | 216,777 | 9.72 | 267,436 | -11.07 |
| Net profit (loss) of policy holders investment | 4,937 | 5,306 | -6.95 | 5,823 | -15.22 |
| Net profit (loss) of shareholders capital investment | 3,161 | 3,041 | 3.95 | 2,612 | 21.02 |
| All figures are in (Thousands) Saudi Arabia, Riyals | |||||
| Element | Current period | Similar period for previous year | % Change |
|---|---|---|---|
| Net profit (loss) before Zakat | 43,692 | 33,964 | 28.64 |
| Surplus (deficit) of insurance transactions less returns of policy holders investment (operating transactions results) | 23,237 | 19,992 | 16.23 |
| Gross written premiums (GWP) | 1,310,426 | 1,038,348 | 26.2 |
| Net written premiums (NWP) | 1,126,115 | 959,819 | 17.33 |
| Net incurred claims | 757,972 | 643,624 | 17.77 |
| Net profit (loss) of policy holders investment | 16,249 | 12,087 | 34.43 |
| Net profit (loss) of shareholders capital investment | 9,214 | 6,344 | 45.24 |
| Earning or loss per share, Riyals | 0.97 | 0.75 | - |
| All figures are in (Thousands) Saudi Arabia, Riyals | |||
| Element | EXPLAINATION |
|---|---|
| Reasons of increase (decrease) for the quarter compared with same quarter last year | No English . please see the Arabic version |
| Reasons of increase (decrease) for the period compared with same period last year | No English . please see the Arabic version |
| Reasons of increase (decrease) for the quarter compared with the previous quarter | No English . please see the Arabic version |
| Reclassifications in quarterly financial results | No English . please see the Arabic version |
| Other notes | No English . please see the Arabic version |
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