| Element List | Current Quarter | Similar quarter for previous year | %Change | Previous Quarter | % Change |
|---|---|---|---|---|---|
| Insurance Revenues | 5,299,909 | 4,715,717 | 12.388 | 5,240,382 | 1.135 |
| Result of Insurance Services | 264,425 | 231,115 | 14.412 | 362,983 | -27.152 |
| Net Profit (Loss) of The Insurance Results | 244,208 | 229,078 | 6.604 | 360,870 | -32.327 |
| Net Profit (Loss) of The Investment Results | 215,830 | 184,571 | 16.936 | 196,434 | 9.874 |
| Net Insurance Financing Expenses | - | - | - | - | - |
| Net Profit (Loss), After Zakat, Attributable To Shareholders | 306,779 | 286,253 | 7.17 | 387,296 | -20.789 |
| Total Comprehensive Income Attributable to Shareholders of the Issuer | 352,481 | 257,374 | 36.952 | 253,661 | 38.957 |
| All figures are in (Thousands) Saudi Arabia, Riyals | |||||
| Element List | Current Period | Similar period for previous year | %Change |
|---|---|---|---|
| Insurance Revenues | 10,540,291 | 9,125,481 | 15.503 |
| Result of Insurance Services | 627,408 | 620,923 | 1.044 |
| Net Profit (Loss) of The Insurance Results | 605,078 | 580,264 | 4.276 |
| Net Profit (Loss) of The Investment Results | 412,264 | 370,788 | 11.185 |
| Net Insurance Financing Expenses | - | - | - |
| Net Profit (Loss), After Zakat, Attributable To Shareholders | 694,075 | 666,485 | 4.139 |
| Total Comprehensive Income Attributable to Shareholders of the Issuer | 606,142 | 708,507 | -14.447 |
| Total Shareholders Equity (after Deducting Minority Equity) | 5,635,769 | 5,243,994 | 7.47 |
| Profit (Loss) per Share | 4.68 | 4.46 | |
| 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 | - | - | |
| All figures are in (Thousands) Saudi Arabia, Riyals | |||
| Element List | Explanation |
|---|---|
| The reason of the increase (decrease) in the revenues during the current quarter compared to the same quarter of last year is | Insurance revenue for the current quarter amounted to SR 5,299,909K, compared to SR 4,715,717K during the similar quarter of the previous year, an increase of 12.39%, which was principally driven by business growth. |
| The reason of the increase (decrease) in the net profit during the current quarter compared to the same quarter of the last year is | Profit before zakat and income tax attributable to shareholders for the current quarter amounted to SR 360,875K, compared to SR 331,829K during the similar quarter of the previous year, an increase of 8.75%. Net profit after zakat and income tax attributable to shareholders for the current quarter amounted to SR 306,779K, compared to SR 286,253K during the similar quarter of the previous year, an increase of 7.17%, which was due to the following main reasons: • Insurance service result for the current quarter amounted to SR 264,425K compared to SR 231,115K during the similar quarter of the previous year, an increase of 14.41%, which was principally driven by business growth. • Net insurance service result for the current quarter amounted to SR 244,208K, compared to SR 229,078K during the similar quarter of the previous year, an increase of 6.60%, which was principally driven by business growth. • Net investment results for the current quarter amounted to SR 215,830K, compared to SR 184,571K during the similar quarter of the previous year, an increase of 16.94%. • Net other revenue for the current quarter amounted to SR 15,257K, compared to SR 13,502K during the similar quarter of the previous year, an increase of 13.00%. These favorable movements were partially offset by the following: • Other operating expenses for the current quarter amounted to SR 114,420K compared to SR 95,322K during the similar quarter of the previous year, an increase of 20.04%, arising from increased expenditure to support business growth. Total comprehensive income for the current quarter amounted to SR 352,481K compared to SR 257,374K during the similar quarter of the previous year, an increase of 36.95%. Moreover, Gross Written Premiums (GWP) for the current quarter amounted to SR 5,909,189K compared to SR 5,593,789K during the similar quarter of the previous year, an increase of 5.64%. |
| The reason of the increase (decrease) in the revenues during the current quarter compared to the previous quarter is | Insurance revenues for the current quarter amounted to SR 5,299,909K, compared to SR 5,240,382K during the previous quarter, an increase of 1.14%, which was principally driven by business growth. |
| The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous quarter is | Profit before zakat and income tax attributable to shareholders for the current quarter amounted to SR 360,875K, compared to SR 453,174K during the previous quarter, a decrease of 20.37%. Net profit after zakat and income tax attributable to shareholders for the current quarter amounted to SR 306,779K, compared to SR 387,296K during the previous quarter, a decrease of 20.79%, which was due to the following main reasons: • Insurance service result for the current quarter amounted to SR 264,425K, compared to SR 362,983K during the previous quarter, a decrease of 27.15%, which was principally driven by seasonal trends in claims utilization. • Net insurance service result for the current quarter amounted to SR 244,208K, compared to SR 360,870K during the previous quarter, a decrease of 32.33%, which was principally driven by seasonal trends in claims utilization. • Net other revenue for the current quarter amounted to SR 15,257K, compared to SR 17,887K during the previous quarter, a decrease of 14.70%. These unfavorable movements were partially offset by the following: • Net investment results for the current quarter amounted to SR 215,830K, compared to SR 196,434K during the previous quarter, an increase of 9.87%. • Other operating expenses for the current quarter amounted to SR 114,420K compared to SR 122,017K during the previous quarter, a decrease of 6.23%. Total comprehensive income for the current quarter amounted to SR 352,481K compared to SR 253,661K during the previous quarter, an increase of 38.96%. Moreover, Gross Written Premiums (GWP) for the current quarter amounted to SR 5,909,189K compared to SR 7,541,733K during the previous quarter, a decrease of 21.65%. |
| The reason of the increase (decrease) in the revenues during the current period compared to the same period of the last year is | Insurance revenue for the current period amounted to SR 10,540,291K, compared to SR 9,125,481K during the similar period of the previous year, an increase of 15.50%, which was principally driven by business growth. |
| The reason of the increase (decrease) in the net profit during the current period compared to the same period of the last year is | Profit before zakat and income tax attributable to shareholders for the current period amounted to SR 814,049K, compared to SR 775,527K during the similar period of the previous year, an increase of 4.97%. Net profit after zakat and income tax attributable to shareholders for the current period amounted to SR 694,075K, compared to SR 666,485K during the similar period of the previous year, an increase of 4.14%, which was due to the following main reasons: • Insurance service result for the current period amounted to SR 627,408K, compared to SR 620,923K during the similar period of the previous year, an increase of 1.04%, which was principally driven by business growth. • Net insurance service result for the current period amounted to SR 605,078K, compared to SR 580,264K during the similar period of the previous year, an increase of 4.28%, which was principally driven by business growth. • Net investment results for the current period amounted to SR 412,264K, compared to SR 370,788K during the similar period of the previous year, an increase of 11.19%. • Net other revenue for the current period amounted to SR 33,144K, compared to SR 26,217K during the similar period of the previous year, an increase of 26.42%. These favorable movements were partially offset by the following: • Other operating expenses for the current period amounted to SR 236,437K compared to SR 201,742K during the similar period of the previous year, an increase of 17.20%, arising from increased expenditure to support business growth. Total comprehensive income for the current period amounted to SR 606,142K compared to SR 708,507K during the similar period of the previous year, a decrease of 14.45%. Moreover, Gross Written Premiums (GWP) for the current period amounted to SR 13,450,922K compared to SR 12,034,747K during the similar period of the previous year, an increase of 11.77%. |
| Statement of the type of external auditor's report | Unmodified conclusion |
| 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) | The consolidated financial statements for the year ended 31 December 2025 and the interim condensed consolidated financial statements for the period ended 30 June 2025 were respectively audited and reviewed by other joint auditors who expressed an unmodified opinion and review conclusion on 8 February 2026 (corresponding to 20 Shaban 1447H) and 7 August 2025 (corresponding to 13 Safar 1447H), respectively. |
| Reclassification of Comparison Items | No Reclassification. |
| Additional Information | The earnings per share (EPS) for the current period is SR 4.68 per share versus SR 4.46 per share for the similar period of the previous year which is calculated by dividing the net income attributed to the shareholders after zakat and income tax of SR 694,075K over the weighted average number of ordinary outstanding shares of 148,331K for the current period and SR 666,485K over 149,360K shares for the similar period of the previous year. Total shareholders’ equity (no minority interest) as at end of current period is SR 5,635,769K versus SR 5,243,994K as at end of the same period of the previous year, an increase of 7.47%. Total equity at end of current period is SR 5,624,462K versus SR 5,247,523K as at end of the similar period of the previous year, an increase of 7.18%. |