CHUBB Arabia Cooperative Insurance Co. posted a net profit of SAR 7.7 million for the first nine months of 2025, falling 30% from SAR 11 million a year earlier.
| Item | 9m 2024 | 9m 2025 | Change | 
|---|---|---|---|
| Insurance Revenues | 283.68 | 289.94 | 2.2 % | 
| Net Income | 11.03 | 7.68 | (30.3 %) | 
| Average Shares | 40.00 | 40.00 | - | 
| Earnings Per Share before unusual items (Riyals) | 0.28 | 0.19 | (30.3 %) | 
| EPS (Riyal) | 0.28 | 0.19 | (30.3 %) | 
The profit decline was attributed to a 62% year-on-year (YoY) increase in insurance service expenses to SAR 75.11 million. This was partially offset by a 2% YoY rise in insurance revenues to SAR 289.93 million, driven principally by business growth.
| Item | Q3 2024 | Q3 2025 | Change | 
|---|---|---|---|
| Insurance Revenues | 96.65 | 98.88 | 2.3 % | 
| Net Income | 1.72 | 3.71 | 116.2 % | 
| Average Shares | 40.00 | 40.00 | - | 
| Earnings Per Share before unusual items (Riyal) | 0.04 | 0.09 | 116.2 % | 
| EPS (Riyal) | 0.04 | 0.09 | 116.2 % | 
| Item | Q2 2025 | Q3 2025 | Change | 
|---|---|---|---|
| Insurance Revenues | 100.47 | 98.88 | (1.6 %) | 
| Net Income | 1.01 | 3.71 | 266.5 % | 
| Average Shares | 40.00 | 40.00 | - | 
| Earnings Per Share before unusual items (Riyal) | 0.03 | 0.09 | 266.5 % | 
| EPS (Riyal) | 0.03 | 0.09 | 266.5 % | 
In Q3 2025, the insurance services provider reported a net profit of SAR 3.7 million, a 116% YoY increase, supported by a 2% rise in insurance service revenue and a 14% decline in other operating expenses.
The third-quarter net profit grew 266.5% from SAR 1.01 million in Q2 2025.
| Item | 9m 2024 | 9m 2025 | Change | 
|---|---|---|---|
| Insurance Revenues | 283.68 | 289.94 | 2.2 % | 
| Insurance Services Income | 13.01 | 5.49 | (57.8 %) | 
| Investment Income | 14.76 | 17.56 | 19.0 % | 
| Net Profit of Insurance Services and Investment | 26.55 | 21.97 | (17.3 %) | 
Shareholders’ equity, no minority interest, increased to SAR 466.44 million as of Sept. 30, 2025, from SAR 437.97 million a year earlier.
Be the first to comment
 
                                 
                Argaam Investment Company has updated the Privacy Policy of its services and digital platforms. Know more about our Privacy Policy here.
Argaam uses cookies to personalize content, to provide social media features and analyze traffic, that we might also share with third parties. You consent to our cookies if you use this website
Comments Analysis: