Riyadh – Mubasher: AXA Cooperative Insurance Company reported net profits before Zakat of SAR 166.72 million in 2021, down 0.06% from SAR 166.83 million in 2020.

The earnings per share (EPS) stood at SAR 2.77 in 2021, unchanged from 2020’s value, according to a bourse disclosure.

The company's net written premiums rose by 1.68% to SAR 1.30 billion last year from SAR 1.28 billion in 2020.

Net incurred claims reached SAR 885.41 million in 2021, up 0.69% from SAR 879.32 million a year earlier.

In the first nine months (9M) of 2021, AXA Cooperative's interim financials showed a decline of 1.41% year-on-year (YoY) in net profits before Zakat to SAR 124.17 million from SAR 125.95 million.

Source: Mubasher

All Rights Reserved - Mubasher Info 2005 - 2022 Provided by SyndiGate Media Inc. (Syndigate.info).

Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an as is and as available basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.