Saudi Indian Company for Cooperative Insurance Reports Earnings Results for the Fourth Quarter and Year Ended December 31, 2015
For the year, the company reported that net loss before zakat was SAR 60.25 million, or SAR 3.23 loss per share, compared to a net profit before zakat of SAR 1.05 million, or SAR 0.08 per share, for the year ended December 31, 2014. Net written premiums were SAR 407.73 million, compared to SAR 140.99 million for the year ended December 31, 2014.