Wafa Insurance expects to disclose 2019 financials by March 31

28/02/2021 Argaam

Logo of Wafa Insurance

Saudi Indian Company for Cooperative Insurance (Wafa Insurance) expects to disclose the financial results for 2019 by March 31, 2021, the company said in a bourse filing.

 

The financial impact cannot currently be determined, and this impact - if any - will be disclosed in due course.

 

The insurer is currently undergoing the financial reorganization procedure under the Saudi bankruptcy law, the statement added.

 

Earlier in February, the company said it expects to disclose the 2019 financials by Feb. 28, Argaam reported.

 

It also expected to issue its preliminary financial statements for the period ended March 31, 2020 by May 31, 2021; preliminary financial statements for the period ended June 30, 2020 by June 30, 2021; and preliminary financial statements for the period ended Sept. 30, 2020 by July 31, 2021.

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