May 21, 2020 / 5:48 AM / 15 days ago

BRIEF-Saudi's Arabian Shield Insurance Qtrly Pre-Zakat Profit Rises

May 21 (Reuters) - ARABIAN SHIELD COOPERATIVE INSURANCE COMPANY:

* QTRLY NET PROFIT BEFORE ZAKAT 8.8 MILLION RIYALS VERSUS 3.8 MILLION RIYALS YEAR AGO

* QTRY GROSS WRITTEN PREMIUMS 257.8 MILLION RIYALS VERSUS 246.7 MILLION RIYALS YEAR AGO

* QTRLY NET PROFIT OF SHAREHOLDERS CAPITAL INVESTMENT 3.1 MILLION RIYALS VERSUS 7.3 MILLION RIYALS YEAR AGO

* QUARTER SAW DECREASE IN NET INCURRED CLAIMS BY 33%

* QUARTER SAW DECREASE IN OTHER UNDERWRITING COSTS BY 36% Source text for Eikon: Further company coverage:

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