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Amana Cooperative Insurance announces its Financial Results for the period ending 30-09-2018 (nine months)

AMANA INSURANCE 8310 -0.76% 10.50 -0.08

Element List Current Quarter Similar quarter for previous year %Change Previous Quarter % Change
Gross written premiums (GWP) 33,392 8,939 273.554 34,750 -3.907
Net written premiums (NWP) 20,191 7,071 185.546 21,298 -5.197
Net incurred claims 12,477 -9,559 - 3,574 249.104
Net profit (loss) of policy holders investment - - - - -
Profit (Loss) Insurance Operations minus policy holders investments from operations -5,543 12,360 - -71 7,707.042
Net profit (loss) of shareholders capital investment 1,244 2,734 -54.498 864 43.981
Net Profit (Loss) before Zakat -4,983 13,413 - -290 1,618.275
Total Comprehensive Income -5,081 12,535 - -290 1,652.068
All figures are in (Thousands) Saudi Arabia, Riyals
Element List Current Period Similar period for previous year %Change
Gross written premiums (GWP) 104,181 48,150 116.367
Net written premiums (NWP) 62,913 22,204 183.34
Net incurred claims 20,242 17,076 18.54
Net profit (loss) of policy holders investment - - -
Profit (Loss) Insurance Operations minus policy holders investments from operations -13,064 5,567 -
Net profit (loss) of shareholders capital investment 3,003 4,565 -34.216
Net Profit (Loss) before Zakat -12,184 7,722 -
Total Comprehensive Income -12,282 6,384 -
Total Share Holders Equity (after deducting minority equity) 104,101 117,232 -11.2
Profit (Loss) per Share -0.87 0.55
All figures are in (Thousands) Saudi Arabia, Riyals
Accumulated Losses Capital Percentage %
-35,801 140,000 25.57
Element List Explanation
Reason for increase (decrease) in net profit for current quarter compared to the same quarter of the previous year No English translation, kindly refer to the Arabic version
Reason for increase (decrease) in net profit for current quarter compared to the previous quarter No English translation, kindly refer to the Arabic version
Reason for increase (decrease) in net profit for current period compared to the previous year similar period No English translation, kindly refer to the Arabic version
Type of the external auditor's opinion Unmodified opinion
External auditor's report containing reservation No English translation, kindly refer to the Arabic version
Reclassifications in quarter financial result No English translation, kindly refer to the Arabic version
Additional Information No English translation, kindly refer to the Arabic version

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