Arabia Insurance Reports SAR 45.18M Net Loss in 2025
AICC 8160.SA | 8.35 | -0.24% |
On 2026-03-10 08:05:51 (Saudi Time), Arabia Insurance Cooperative Co. announced its Annual financial results for the twelve months ended on December 31, 2025.
| Element List | Current Year | Previous Year | %Change | ||
|---|---|---|---|---|---|
| Insurance Revenues | 851,122 | 694,691 | 22.52 | ||
| Result of Insurance Services | 651,986 | 204,962 | 218.1 | ||
| Net Profit (Loss) of The Insurance Results | -15,531 | 35,084 | - | ||
| Net Profit (Loss) of The Investment Results | 922 | 38,075 | -97.58 | ||
| Net Insurance Financing Expenses | -4,202 | -6,081 | -30.9 | ||
| Net Profit (Loss), After Zakat, Attributable To Shareholders | -45,181 | 30,148 | - | ||
| Total Comprehensive Income Attributable to Shareholders of the Issuer | -33,955 | 45,022 | - | ||
| Total Shareholders Equity (after Deducting Minority Equity) | 570,982 | 604,938 | -5.61 | ||
| Profit (Loss) per Share | -0.85 | 0.57 | |||
| All figures are in (Thousands) Saudi Arabia, Riyals | |||||
| Element List | Amount | Percentage of the capital (%) | |
|---|---|---|---|
| Profit (Losses) Resulting From The Change In Investment Propertie’s Fair Value | - | - | |
| Accumulated Losses | 28,167 | 5.31 | |
| All figures are in (Thousands) Saudi Arabia, Riyals | |||
| Element List | Explanation |
|---|---|
| The reason of the increase (decrease) in revenues during the current year compared to the last year is | The reason behind the increase in insurance revenues in the current year compared to the previous year is mainly due to the increase in insurance revenues in the Motor insurance segment and the Engineering insurance segment, despite the decrease in insurance revenues in the Medical insurance segment. |
| The reason of the increase (decrease) in the net profit during the current year compared to the last year is | The reason behind the recognition of net loss after zakat and income tax during the current year compared to the net income in previous year is mainly due to the decrease in net insurance services result by approximately SAR 50.6 million and net investment income by approximately SAR 37.2 million, despite the decrease in other operating expenses by approximately SAR 13.4 million. |
| Statement of the type of external auditor's report | Unmodified opinion |
| Comment mentioned in the external auditor’s report, mentioned in any of the following paragraphs (other matter, conservation, notice, disclaimer of opinion, or adverse opinion) | Not Applicable |
| Reclassification of Comparison Items | Certain items of prior year amount have been reclassified to conform to the presentation in the current year, noting that these reclassifications have no impact on net income and shareholders equity. |
| Additional Information | Loss per share after zakat and income tax is calculated by dividing the net loss for the year after zakat and income tax by the weighted average number of shares issued. |
Year-on-Year Performance Drivers
Insurance revenues increased 22.52% YoY to SAR 851.12 million, driven primarily by growth in Motor and Engineering insurance segments despite declines in Medical insurance. However, the company swung to a net loss of SAR 45.18 million compared to a profit of SAR 30.15 million in the previous year, mainly due to a decrease in net insurance services result by approximately SAR 50.6 million and a 97.58% decline in net investment income to SAR 0.92 million from SAR 38.08 million.
Other Items
The auditors issued an unmodified opinion with no additional comments or qualifications. Accumulated losses reached SAR 28.17 million, representing 5.31% of capital. The company reported a loss per share of SAR -0.85 compared to a profit of SAR 0.57 in the previous year. Total shareholders' equity decreased 5.61% to SAR 570.98 million from SAR 604.94 million in the prior year.
Original announcement:
https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=93563&anCat=1&cs=8160&locale=arImportant Notice: The announcement information and market data in this report are sourced directly from the Saudi Exchange (Tadawul). This summary is generated by Sahm’s proprietary AI model for informational purposes only. While we strive for accuracy, it should not be construed as financial advice or an investment recommendation.