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AXA Cooperative Insurance Co. announces the interim financial results for the period ending on 30-06-2018 (Six 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 24,112 14,828 62.61 18,237 32.21
Surplus (deficit) of insurance transactions less returns of policy holders investment (operating transactions results) 16,416 8,145 101.55 11,167 47
Gross written premiums (GWP) 183,989 219,933 -16.34 674,938 -72.74
Net written premiums (NWP) 167,676 194,875 -13.96 588,725 -71.52
Net incurred claims 239,184 267,436 -10.56 237,387 0.76
Net profit (loss) of policy holders investment 8,614 5,823 47.93 6,409 34.4
Net profit (loss) of shareholders capital investment 1,927 2,612 -26.23 2,946 -34.59
All figures are in (Thousands) Saudi Arabia, Riyals
Element Current period Similar period for previous year % Change
Net profit (loss) before Zakat 42,349 31,101 36.17
Surplus (deficit) of insurance transactions less returns of policy holders investment (operating transactions results) 27,583 17,289 59.54
Gross written premiums (GWP) 858,927 941,175 -8.74
Net written premiums (NWP) 756,401 792,061 -4.5
Net incurred claims 476,570 520,131 -8.38
Net profit (loss) of policy holders investment 15,023 11,312 32.81
Net profit (loss) of shareholders capital investment 4,873 6,053 -19.49
Earning or loss per share, Riyals 0.94 0.69 -
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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