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Al-Khaleejia Al-'Amma' Cuts Losses by 46.8% in Q2
Al Alkhaleejiah General Cooperative Insurance Company announced a 46.8% decrease in its net losses for the second quarter of 2026 on an annual basis, amounting to 15.47 million riyals compared to 29.08 million riyals in the same period of the previous year. This decline is attributed to a reduction in insurance services losses by 12.86 million riyals and an 84.2% increase in investment income, which reached 2.73 million riyals. For the first half of 2026, losses decreased by 44.2%, but accumulated losses reached 288.3 million riyals, representing 96.1% of capital. The company will implement approved measures to address this situation.
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