8250 · 31/10/2017 09:21:25 · Announcement #48380 · View on Saudi Exchange

AXA Cooperative Insurance Co. announces the interim financial results for the period ending on 30-09-2017 (Nine Months)

Element Current quarter Similar quarter for previous year % Change current Previous quarter % Change previous
Net profit (loss) before Zakat
12,591
11,194
12.48
14,828
-
Surplus (deficit) of insurance transactions less returns of policy holders investment (operating transactions results)
5,948
4,236
40.42
8,145
-
Gross written premiums (GWP)
369,251
387,053
-
219,933
67.89
Net written premiums (NWP)
334,054
346,327
-
194,875
71.42
Net incurred claims
237,841
216,777
9.72
267,436
-
Net profit (loss) of policy holders investment
4,937
5,306
-
5,823
-
Net profit (loss) of shareholders capital investment
3,161
3,041
3.95
2,612
21.02
All figures are in (Thousands) Saudi Arabia, Riyals
Element Current period Similar period for previous year % Change
Net profit (loss) before Zakat
43,692
33,964
28.64
Surplus (deficit) of insurance transactions less returns of policy holders investment (operating transactions results)
23,237
19,992
16.23
Gross written premiums (GWP)
1,310,426
1,038,348
26.2
Net written premiums (NWP)
1,126,115
959,819
17.33
Net incurred claims
757,972
643,624
17.77
Net profit (loss) of policy holders investment
16,249
12,087
34.43
Net profit (loss) of shareholders capital investment
9,214
6,344
45.24
Earning or loss per share, Riyals
0.97
0.75
-
All figures are in (Thousands) Saudi Arabia, Riyals
Element EXPLAINATION
Reasons of increase (decrease) for the quarter compared with same quarter last year No English . please see the Arabic version
Reasons of increase (decrease) for the period compared with same period last year No English . please see the Arabic version
Reasons of increase (decrease) for the quarter compared with the previous quarter No English . please see the Arabic version
Reclassifications in quarterly financial results No English . please see the Arabic version
Other notes No English . please see the Arabic version

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