3 Hrs
Source:
الاقتصادية
Source: الاقتصادية
3 Hrsالاقتصادية
Source: الاقتصادية
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The Company for Cooperative Insurance (Tawuniya) reported net profit of SAR 302 million in the third quarter, up 74% year over year and above the analyst consensus forecast of SAR 257 million. Results were supported by insurance revenue growth to SAR 6.5 billion, a 26% increase in net investment income to SAR 234 million, and a 32% decline in insurance and reinsurance finance expenses to SAR 33 million. Gross written premiums totaled SAR 5.4 billion, up 6.8% year over year.
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