Financial Results : CHUBB Arabia profit plummets 48% to SAR 3M in Q1 2025

CHUBB Arabia profit plummets 48% to SAR 3M in Q1 2025

11/05/2025 Argaam Exclusive

View other reports

CHUBB Arabia Cooperative Insurance Co. (CHUBB) posted a net profit of SAR 3 million for Q1 2025, down 48%, compared to SAR 5.7 million a year earlier.



Current Quarter Comparison (M)

Compared With The
Item Q1 2024 Q1 2025 Change‬
Insurance Revenues 90.26 90.59 0.4 %
Net Income 5.67 2.96 (47.8 %)
Average Shares 30.00 30.00 -
Earnings Per Share before unusual items 0.19 0.10 (47.8 %)
EPS (Riyals) 0.19 0.10 (47.8 %)

The decline in profit was attributed to a 59% year-on-year (YoY) increase in insurance service expenses by SAR 17.369 million.

 

In addition, other income also decreased by 28% YoY to SAR 219,000 in Q1 2025.

Insurance Operations

Item 3m 2024 3m 2025 Change‬
Insurance Revenues 90.26 90.59 0.4 %
Insurance Services Income 5.83 2.23 (61.7 %)
Investment Income 4.48 5.63 25.7 %
Net Profit of Insurance Services and Investment 9.82 7.31 (25.6 %)

On the other hand, insurance revenue inched up 0.37% YoY to SAR 90.6 million in the current quarter, compared to SAR 90.25 million in Q1 2024.

 

On a quarterly basis, net profit fell 43.8% from SAR 5.27 million in Q4 2024.

 

Shareholders’ equity, no minority interest, increased to SAR 460.26 million as of March 31, 2025, from SAR 429.53 million a year earlier.

 

View more financial results

 

Kindly, you can view the full report by subscribing to the

The report contains the details of the financial statements, The most important financial indicators, Historical information, Charts, and Forecasts of experts.

Contact Us (+966)-92000-7759

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
loader Train
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.