June 18, 2020 / 6:40 AM / 21 days ago

BRIEF-Saudi's Aljazira Takaful Taawuni Qtrly Profit Rises

June 18 (Reuters) - ALJAZIRA TAKAFUL TAAWUNI COMPANY :

* QTRLY NET PROFIT BEFORE ZAKAT 13.4 MILLION RIYALS VERSUS 7.5 MILLION RIYALS YEAR AGO

* QTRLY NET PROFIT OF SHAREHOLDERS CAPITAL INVESTMENT 3.1 MILLION RIYALS VERSUS 2.6 MILLION RIYALS YEAR AGO

* QTRLY GROSS WRITTEN PREMIUMS 43.6 MILLION RIYALS VERSUS 17.4 MILLION RIYALS YEAR AGO

* QUARTER SAW INCREASE NET UNDERWRITING INCOME BY 142.6%

* QUARTER SAW AN INCREASE IN NET EARNED PREMIUMS OF 112.67%

* QUARTER SAW INCREASE IN POLICYHOLDERS’ INVESTMENT & OTHER INCOME OF 476.81%

* QUARTER SAW INCREASE IN SHAREHOLDERS’ INVESTMENT & OTHER INCOME OF 18.25% Source text for Eikon: Further company coverage:

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