MetLife AIG ANB Cooperative Insurance Company announces the annual financial results for the period ending on 31-12-2018
| Element List | Current Year | Previous Year | %Change | ||
|---|---|---|---|---|---|
| Gross written premiums (GWP) | 168,803 | 354,880 | -52.433 | ||
| Net written premiums (NWP) | 97,641 | 288,790 | -66.189 | ||
| Net incurred claims | -174,381 | -229,079 | -23.877 | ||
| Net profit (loss) of policy holders investment | 3,204 | 2,014 | 59.086 | ||
| Profit (Loss) Insurance Operations minus policy holders investments from operations | -27,897 | -63,587 | -56.127 | ||
| Net profit (loss) of shareholders capital investment | 4,281 | 5,498 | -22.135 | ||
| Net Profit (Loss) before Zakat | -22,302 | -57,806 | -61.419 | ||
| Total Comprehensive Income | -22,053 | -57,806 | -61.849 | ||
| Total Share Holders Equity (after deducting minority equity) | 153,867 | 177,779 | -13.45 | ||
| Pre operating expenses (first operation year) | - | - | - | ||
| Profit (Loss) per Share | -1.24 | -3.21 | |||
| All figures are in (Thousands) Saudi Arabia, Riyals | |||||
| Element List | Explanation |
|---|---|
| Reason for increase (decrease) in net profit for current year compared to last year | No English translation, kindly refer to the Arabic version |
| Type of the external auditor's opinion | Emphasis of Matter paragraph |
| External auditor's report containing reservation | No English translation, kindly refer to the Arabic version |
| Reclassifications in annual financial results | No English translation, kindly refer to the Arabic version |
| Additional Information | No English translation, kindly refer to the Arabic version |
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