Sanad Cooperative Insurance and Reinsurance Company said on Thursday that its accumulated losses amounted to SAR 166.5 million, or 83.25 percent of its capital.
The insurer, which is listed on Saudi Arabia’s bourse, reported a net profit of SAR 2.5 million for February.
|
Accumulated Losses (Feb. 2015) |
|
|
200 |
Capital (SAR mln) |
|
(166.5) |
Accumulated losses (SAR mln) |
|
83.25% |
Accumulated losses % |
|
Company Profit (Jan-Feb) |
|
|
Feb. 2015 |
Period |
|
2.22 |
Net profit (SAR mln) |
|
20 |
Number of shares (mln) |
|
0.11 |
EPS (SAR) |
|
Insurance Operations (Jan-Feb) |
|
|
0.24 |
Gross written premiums (SAR mln) |
|
0.03 |
Net written premiums (SAR mln) |
|
8.2 |
Net incurred claims (SAR mln) |
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