Al-Ahlia accumulated losses reach SAR189m

Riyadh-Mubasher: Al-Ahlia Cooperative Insurance posted accumulated losses of SAR 189 million until the end of November 2015, representing 59.08% of capital.

The insurer recorded net losses of SAR 8.9 million in November.

Net losses for the 11-month period ended 30 November reached SAR 48.3 million, with the loss per share reaching SAR 1.51.

 

Mubasher Contribution Time: 10-Dec-2015 13:19 (GMT)