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2026-11-05T08:11:19.294Z

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Jazira Takaful Q3 loss

Jazira Takaful Q3 loss

Aljazira Takaful Taawuni Company swung to a net loss of SAR 32.27 million in the third quarter of 2026, compared with a profit of SAR 14.64 million in the same period a year earlier, as insurance service expenses and claims costs increased. Although insurance revenue grew 13.5% to SAR 108.57 million, insurance service results fell from a profit of SAR 15.9 million to a loss of SAR 21.86 million. Investment results also declined 16.81% to SAR 7.89 million. In the first nine months of the year, the company recorded a loss of SAR 32.17 million, compared with a profit of SAR 34.83 million, while loss per share was SAR 0.49.

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