Al-Ahlia accumulated losses hit SAR 189.8m at end-December

Riyadh-Mubasher: Al-Ahlia Cooperative Insurance posted accumulated losses of SAR 189.8 million until the end of December 2015, representing 59.34% of capital.

The insurer recorded SAR 816,000 in net losses before zakah in December.

Net losses for the 12-month period ended 31 December reached SAR 49 million, with the loss per share reaching SAR 1.54.

Mubasher Contribution Time: 10-Jan-2016 13:15 (GMT)