Saudi Arabia:Tawuniya net profit jumps by 66% in 2024

By Osama Noor | 02 Mar 2025

Saudi Arabia Life & Health Property & Casualty Financial Performance

The Company for Cooperative Insurance (Tawuniya), one of Saudi Arabia's biggest insurers, has posted a net income after zakat of SAR1.02bn ($272.5m) in 2024, compared to SAR616.4m in the previous year, an increase of 65.8%, according to a company statement lodged with Tadawul.

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