Amana Cooperative Insurance Company said on Monday that its accumulated losses rose to SAR 232.1 million or 72.5 percent of its capital, after it reported a net loss of SAR 11.3 million for April.
At the end of March, the insurer said it had accumulated SAR 220.4 million in losses, representing 68.9 percent of its capital.
|
Accumulated Losses |
|
|
April 2015 |
Period |
|
320 |
Capital (SAR mln) |
|
(232.1) |
Accumulated losses (SAR mln) |
|
72.5% |
Accumulated losses % |
|
Company’s Profit (Jan. to April) |
|
|
April 2015 |
Period |
|
(37.2) |
Net loss (SAR mln) |
|
32 |
Number of shares (mln) |
|
(1.16) |
EPS (SAR) |
|
Insurance Operations |
|
|
April 2015 |
Period |
|
125.4 |
Gross written premiums (SAR mln) |
|
62.0 |
Net written premiums (SAR mln) |
|
103.4 |
Net incurred claims (SAR mln) |
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