Riyadh – Mubasher: A total of 16 insurance firms listed on the Saudi Stock Exchange (Tadawul) reported a combined net loss of SAR 213 million in 2018.
On the other hand, Walaa Cooperative Insurance ranked first in terms of profits among Saudi insurers with a net profit of SAR 100.37 million, while CHUBB Arabia Cooperative Insurance and Salama Cooperative Insurance logged net profits of SAR 44.5 million and SAR 16.34 million, respectively.
Translated by: Zeinab Adel
Source: Mubasher Exclusive
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