Arabia Insurance Cooperative Company (AICC) reported a net profit of SAR 311,000 for the month of October making a net loss of SAR 10.8m for the first ten months of 2014.
|
Company’s accumulated losses till October 2014 |
|||
|
October2014 |
Period |
||
|
(10.8) |
Net loss before Zakat (SAR million) |
||
|
20 |
Average number of shares (million) |
||
|
(0.54) |
Earnings per share (SAR/share) |
||
|
Insurance operations |
|||
|
October 2014 |
Period |
||
|
551.0 |
Gross written premiums (SAR mn) |
||
|
383.5 |
Net written premiums(SAR mn) |
||
|
290.8 |
Net incurred claims(SAR mn) |
||
AICC’s accumulated losses declined to SAR 148.1m or 74% of its capital after reporting October’s net profit.
|
Accumulated losses |
|
|
October 2014 |
Period |
|
200 |
Capital (SAR mn) |
|
(148.1) |
Accumulated losses(SAR mn) |
|
74% |
Accumulated losses % of the capital |
Comments {{getCommentCount()}}
Be the first to comment
رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}
{{comment.DisplayName}}
{{comment.ElapsedTime}}