8250 · 21/01/2013 17:05:35 · Announcement #28593 · View on Saudi Exchange

AXA Cooperative announces its interim financial results for three month and twelve month period ended 31/12/2012 G (Continue1)

7.Earning per share for the three month period ended December 31, 2012 0.515 riyals compared to 0.635 riyals for the same quarter of the previous year.

8.The surplus from insurance operations, net of return on investments of the policyholders (the results of operations) for the year ended is 3,925 thousand riyals compared to deficit of 15,296 thousand riyals for the same period of the previous year.

9.The Gross Written Premiums (GWP) for the current twelve month period ended is 460,486 thousand riyals compared to 427,790 thousand riyals for the same period of the previous year, an increase of 7.6%. The Net Written Premiums (NWP) for the twelve month period is 364,119 thousand riyals compared to 353,928 thousand riyals for the same period of the previous year, an increase of 2.9%.

10. The net claims incurred for the current twelve month period is 267,679 thousand riyals compared to 273,683 thousand riyals for the same period of the previous year, a decrease of 2.19%.

11.The investment income for policyholders during the current twelve month period is 1,620 thousand riyals compared to 1,055 thousand riyals for the same period of the previous year, an increase of 53.5%. The net income on shareholders investments for the current twelve month period ended is 6,665 thousand riyals compared to 1,978 thousand riyals for the same period of the previous year, an increase of 236.9%

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