21 Hrs
Source:
مباشر
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Al-Ittihad Q3 loss SAR39m
Al Etihad Cooperative Insurance Company recorded net losses after zakat of SAR 39.07 million in the third quarter of 2026, up 25.77% from SAR 33.55 million in the same period last year. The company attributed the increase in losses to an 11.77% decline in insurance revenue to SAR 287.31 million and a 62.64% drop in investment profits to SAR 5.01 million, despite an 8.23% reduction in losses from insurance results. In the first nine months of the year, losses rose 20.25% to SAR 131.26 million. Accumulated losses reached SAR 251.97 million, equivalent to 50.4% of the company’s capital.
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