| The reason of the increase (decrease) in the revenues during the current quarter compared to the same quarter of last year is | The reason behind the increase in insurance revenues in the current quarter compared to the same quarter of the previous year is mainly due to the increase in insurance revenues in the Motor insurance segment and the Medical insurance segment, despite the decrease in insurance revenues in the Engineering insurance segment. |
| The reason of the increase (decrease) in the net profit during the current quarter compared to the same quarter of the last year is | The reason behind the recognition of net loss after zakat and income tax for the current quarter, compared to the net profit for the same quarter of the previous year, is mainly due to the decrease in the net insurance service result of approximately SAR 13.4 million and the increase in other operating expenses of approximately SAR 5 million. |
| The reason of the increase (decrease) in the revenues during the current quarter compared to the previous quarter is | The reason behind the decrease in insurance revenues in the current quarter compared to the previous quarter is mainly due to the decrease in insurance revenues in the Engineering insurance segment, despite the increase in insurance revenues in the Motor insurance segment. |
| The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous quarter is | The reason behind the decrease in net loss after zakat and income tax for the current quarter compared to the the previous quarter, is mainly due to the positive change in net investment income of approximately SAR 27.8 million, in addition to the decrease in net insurance service result losses of approximately SAR 8.5 million. |
| 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) | Not Applicable |
| Reclassification of Comparison Items | Some figures for the prior period have been reclassified to conform with the presentation of the current period. However, the reclassification did not have a material impact on the overall presentation of the condensed interim financial statements. |
| Additional Information | Loss/earnings per share is calculated by dividing the net loss/profit for the period after zakat and income tax by the weighted average number of issued shares. |