March 23, 2020 / 6:03 AM / 17 days ago

BRIEF-Al Sagr Cooperative Insurance Post FY Pre-Zakat Loss

March 23 (Reuters) - AL SAGR COOPERATIVE INSURANCE CO :

* FY NET LOSS BEFORE ZAKAT 39.9 MILLION RIYALS VERSUS PROFIT OF 818,000 RIYALS YEAR AGO

* FY SAW INCREASE IN NET CLAIMS INCURRED BY 73%

* FY NET PROFIT OF SHAREHOLDERS CAPITAL INVESTMENT 21.2 MILLION RIYALS VERSUS 12.4 MILLION RIYALS YEAR AGO

* FY GROSS WRITTEN PREMIUMS 455.7 MILLION RIYALS VERSUS 350.4 MILLION RIYALS YEAR AGO

* FY SAW INCREASE IN NET CLAIMS INCURRED UNDER MEDICAL INSURANCE BY 70% Source text for Eikon: Further company coverage:

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