8250 · 04/08/2019 09:13:30 · Announcement #55797 · View on Saudi Exchange

AXA Cooperative Insurance Co. announces its Interim Financial Results for the Period Ending on 2019-06-30 ( Six Months )

Element ListCurrent QuarterSimilar quarter for previous year%ChangePrevious Quarter% Change
Gross Written Premiums (GWP) 250,288183,98936.034544,631-54.044
Net Written Premiums (NWP) 219,677167,67631.012528,771-58.455
Net Incurred Claims 242,743239,1841.487222,9748.866
Net Profit (Loss) of Policy Holders Investment 8,6948,6140.9289,116-4.629
Profit (Loss) Insurance Operations Minus Policy Holders Investments Revenues (Operations Results) 19,08216,41616.2417,05311.898
Net Profit (loss) of Shareholders Capital Investment 5,8801,927205.1373,72557.852
Net Profit (Loss) before Zakat 30,47124,11226.37226,83313.557
Total Comprehensive Income 35,04816,489112.55335,530-1.356
All figures are in (Thousands) Saudi Arabia, Riyals
Element ListCurrent PeriodSimilar period for previous year%Change
Gross Written Premiums (GWP) 794,919858,927-7.452
Net Written Premiums (NWP) 748,448756,401-1.051
Net Incurred Claims 465,717476,570-2.277
Net Profit (Loss) of Policy Holders Investment 17,81015,02318.551
Profit (Loss) Insurance Operations Minus Policy Holders Investments Revenues (Operations Results) 36,13527,58331.004
Net Profit (loss) of Shareholders Capital Investment 9,6054,87397.106
Net Profit (Loss) before Zakat 57,30442,34935.313
Total Comprehensive Income 70,57824,370189.61
Total Share Holders Equity (after Deducting Minority Equity) 660,198572,13315.392
Profit (Loss) per Share 1.030.7
All figures are in (Thousands) Saudi Arabia, Riyals
Element ListExplanation
Increase (Decrease) in Net Profit for Current Quarter Compared to the Same Quarter of the Previous Year is Attributed to No English translation, kindly refer to the Arabic version
Increase (Decrease) in Net Profit for Current Quarter Compared to the Previous Quarter is Attributed to No English translation, kindly refer to the Arabic version
Increase (Decrease) in Net Profit for Current Period Compared to the Same Period of the Previous Year is Attributed to No English translation, kindly refer to the Arabic version
Basis of the External Auditor's Opinion Unmodified opinion
Modification, Qualification or Emphasis of a Matter as Stated within the External Auditor Opinion No English translation, kindly refer to the Arabic version
Reclassification of Comparison Items No English translation, kindly refer to the Arabic version
Additional Information No English translation, kindly refer to the Arabic version

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