Saudi Arabia:Tawuniya back in the black with over US$100m in pre-zakat profit

08 Mar 2020

Saudi Arabia Life & Health Property & Casualty Financial Performance

One of Saudi Arabia's largest insurers, The Company for Cooperative Insurance (Tawuniya), has turned around its performance, reporting a net profit before zakat of SAR402.2m ($107m) for the 2019 financial year, from a net loss of SAR213.3m for 2018.

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