Sanad Insurance & Reinsurance Cooperative Company said on Thursday that it has accumulated losses of SAR 165.64 million up to the end of January, representing 82.81 percent of its capital.
|
Accumulated Losses |
|
|
Jan. 2015 |
Period |
|
200 |
Capital (SAR mln) |
|
165.64 |
Accumulated losses(SAR mln) |
|
82.81% |
Percentage of capital |
The Saudi Arabia-based insurer reported additional losses of SAR 925,000 before Zakat during January, as shown in the following table.
|
Profits - January 2015 |
|
|
Jan. 2015 |
Period |
|
0.93 |
Net losses before Zakat (SAR mln) |
|
20 |
Number of shares (mln) |
|
0.05 |
EPS (SAR) |
|
Insurance Operations - January 2015 |
|
|
Jan. 2015 |
Period |
|
0.12 |
Gross Written premium (SAR mln) |
|
0.08 |
Net written premium (SAR mln) |
|
5.75 |
Net incurred claims (SAR mln) |
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