Salama Cooperative insurance Company reported a net profit of SAR 71,000 for the month of November making a net profit of SAR 5.24m in the first eleven months of 2014.

 

Net profits until November 2014

November 2014

Period

5.24

Net profits before Zakat (SAR mn)

10

Number of shares (mn)

0.52

EPS(SAR)
 

Insurance operations until November 2014

November 2014

Period

296.8

Gross Written premiums (SAR mn)

277.0

Net written premiums (SAR mn)

189.3

Net incurred claims(SAR mn)
 

Salama’s accumulated losses declined to SAR 70.61m or 70.61% of its capital after reporting November’s net profit

 

Accumulated losses

November 2014

Period

100

Capital (SAR mn)

70.61

Accumulated losses(SAR mn)

70.61%

Accumulated losses % of the capital
 

 

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