Arabia Insurance Cooperative Company (AICC) said on Wednesday that its accumulated losses decreased to SAR 134.4 million, or 67 percent of its capital, after it reported a net profit of SAR 223,000 for April.
Accumulated Losses |
|
April 2015 |
Period |
200 |
Capital (SAR mln) |
(134.4) |
Accumulated losses (SAR mln) |
67% |
Accumulated losses % |
Company Profit (January to April) |
|
April 2015 |
Period |
2.4 |
Net profit (SAR mln) |
20 |
Number of shares (mln) |
(0.12) |
EPS (SAR) |
Insurance Operations |
|
April 2015 |
Period |
242.8 |
Gross written premiums (SAR mln) |
163.5 |
Net written premiums (SAR mln) |
122.3 |
Net claims incurred (SAR mln) |
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