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Correction Announcement from United Cooperative Assurance Co. related to the interim financial results for the period ending on 31-03-2018 (Three Months)

UCA 8190 0.45% 8.84 0.04

Further to the announcement published on Tadawuls website on 10-05-2018 related to the interim financial results for the period ending on 31-03-2018 (Three Months) where the announcement mention that The reasons of increase in net losses in the current quarter compared to the net losses in the last quarter last year due to decrease in income from policyholders’ investments and decrease in income from shareholders’ investments in the current quarter while the correction is The reasons of decrease in net losses in the current quarter compared to the net losses in the last quarter last year due to increase in Gross written premiums (GWP) and increase in Net written premiums (NWP) and decrease in net incurred claims in the current quarter

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