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AXA Cooperative Insurance Co. announces the interim financial results for the period ending on 31-12-2017 (Twelve Months)

GIG 8250 -0.17% 29.30 -0.05
Element Current quarter Similar quarter for previous year % Change current Previous quarter % Change previous
Net profit (loss) before Zakat 16,495 8,713 89.31 12,591 31.01
Surplus (deficit) of insurance transactions less returns of policy holders investment (operating transactions results) 9,049 2,887 213.44 5,948 52.14
Gross written premiums (GWP) 189,051 115,626 63.5 369,251 -48.8
Net written premiums (NWP) 173,759 100,323 73.2 334,054 -47.98
Net incurred claims 235,974 217,576 8.46 237,841 -0.78
Net profit (loss) of policy holders investment 6,769 4,464 51.64 4,937 37.11
Net profit (loss) of shareholders capital investment 2,951 2,585 14.16 3,161 -6.64
All figures are in (Thousands) Saudi Arabia, Riyals
Element Current period Similar period for previous year % Change
Net profit (loss) before Zakat 60,187 42,677 41.03
Surplus (deficit) of insurance transactions less returns of policy holders investment (operating transactions results) 32,286 22,879 41.12
Gross written premiums (GWP) 1,499,477 1,153,974 29.94
Net written premiums (NWP) 1,299,874 1,060,142 22.61
Net incurred claims 993,946 861,215 15.41
Net profit (loss) of policy holders investment 23,018 16,551 39.07
Net profit (loss) of shareholders capital investment 12,165 8,929 36.24
Earning or loss per share, Riyals 1.34 0.95 -
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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