AI Summary
Al Alamiya for Cooperative insurance Company reported a net loss of SAR 1.6m for the month of October making a net loss of SAR 31.4m for the first ten months of 2014.
Al Alamiya's accumulated losses increased to SAR 119.8m or 59.9% of its capital after reporting October’s net loss.
|
Accumulated losses |
|
|
October 2014 |
Period |
|
200 |
Capital (SAR mn) |
|
(119.8) |
Accumulated losses(SAR mn) |
|
59.9% |
Accumulated losses % of the capital |
|
2014’s losses |
|
|
October 2014 |
Period |
|
( 31.4 ) |
Net losses (SAR mn) |
|
20 |
Number of shares (mn) |
|
(1.57) |
EPS(SAR) |
|
Insurance operations |
|
|
October 2014 |
Period |
|
57.2 |
Gross Written premiums (SAR mn) |
|
25.6 |
Net written premiums (SAR mn) |
|
10.8 |
Net incurred claims(SAR mn) |
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