News Middle East10 Jun 2021

Saudi Arabia:Pre-tax profits of listed insurers grow by 27% in 1Q

| 10 Jun 2021

Total profits attributed to shareholders before zakat and tax generated by 29 listed insurance companies in Saudi Arabia amounted to SAR211.56m ($56.4m) for 1Q2021, representing an increase of 27% over the SAR166.95m for the corresponding quarter of 2020, according to a report by Badri Management Consultancy, an actuarial consulting firm in the Middle East.

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