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Al Arabia Q3 loss 21.6m

Al Arabia Q3 loss 21.6m

Arab Cooperative Insurance Company posted a net loss of SAR 21.63 million in the third quarter of 2026, compared with a profit of SAR 354,000 in the same period of 2025. Its losses increased by 81.23% from the previous quarter. The company attributed the year-on-year reversal to a decline of approximately SAR 26.5 million in its net insurance service result, despite an increase of around SAR 5.1 million in net investment income. Insurance revenue rose 6.94% to SAR 235.4 million, while the insurance service result fell 96.92% to SAR 17.12 million.

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