March 24, 2020 / 5:48 AM / 16 days ago

BRIEF-Saudi Re For Cooperative Reinsurance FY Pre-Zakat Profit Rises

March 24 (Reuters) - SAUDI RE FOR COOPERATIVE REINSURANCE COMPANY:

* FY NET PROFIT OF SHAREHOLDERS CAPITAL INVESTMENT 36.3 MILLION RIYALS VERSUS 9.7 MILLION RIYALS YEAR AGO

* FY NET PROFIT BEFORE ZAKAT 59.3 MILLION RIYALS VERSUS 13.7 MILLION RIYALS YEAR AGO

* FY GROSS WRITTEN PREMIUMS 792.8 MILLION RIYALS VERSUS 721.6 MILLION RIYALS YEAR AGO

* FY NET UNDERWRITING INCOME INCREASED BY 30% Source text for Eikon: Further company coverage:

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