8250 · 12/03/2020 08:15:09 · Announcement #57829 · View on Saudi Exchange

AXA Cooperative Insurance Co. announces its Annual Financial Results for the Period Ending on 2019-12-31

Element ListCurrent YearPrevious Year%Change
Gross Written Premiums (GWP) 1,409,7771,445,860-2.495
Net Written Premiums (NWP) 1,321,7231,295,3752.034
Net Incurred Claims 940,915968,356-2.833
Net Profit (Loss) of Policy Holders Investment 31,66334,682-8.704
Profit (Loss) Insurance Operations Minus Policy Holders Investments Revenues (Operations Results) 65,49539,64065.224
Net Profit (loss) of Shareholders Capital Investment 22,70611,44798.357
Net Profit (Loss) before Zakat 108,47476,42641.933
Total Comprehensive Income 119,91246,462158.086
Total Share Holders Equity (after Deducting Minority Equity) 709,812589,88220.331
Perpetrating Expenses (First Operation Year) ---
Profit (Loss) per Share 1.731.18
All figures are in (Thousands) Saudi Arabia, Riyals
Element ListExplanation
Increase (Decrease) in Net Profit for Current Year Compared to Last 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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