AXA Cooperative Insurance Co. announces the interim financial results for the period ending on 30-06-2018 (Six Months)
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 |
Comments