Saudi Arabia-based Salama Cooperative Insurance Company reported that its accumulated losses of SAR 73.53 million up to the end of January represent 73.5 percent of the capital.
Accumulated Losses |
|
Jan 2015 |
Period |
100 |
Capital (SAR mln) |
73.53 |
Accumulated losses(SAR mln) |
73.5% |
Accumulated losses percentage of the capital |
The insurer reported SAR 170,000 in additional profits before Zakat during January.
Losses - January 2015 |
|
Jan 2015 |
Period |
0.17 |
Net profits before Zakat (SAR mln) |
10 |
Number of shares (mln) |
0.02 |
EPS(SAR) |
Insurance Operations - January 2015 |
|
Jan 2015 |
Period |
42.5 |
Gross written premium (SAR mln) |
39.6 |
Net written premium (SAR mln) |
22.2 |
Net incurred claims (SAR mln) |
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