June 10, 2020 / 5:45 AM / 2 months ago

BRIEF-Saudi's Medgulf Qtrly Pre-Zakat Profit Rises

June 10 (Reuters) - MEDITERRANEAN AND GULF COOPERATIVE INSURANCE AND REINSURANCE COMPANY:

* QTRLY NET PROFIT BEFORE ZAKAT 8.2 MILLION RIYALS VERSUS 7 MILLION RIYALS YEAR AGO

* QTRLY NET PROFIT OF SHAREHOLDERS CAPITAL INVESTMENT 3.3 MILLION RIYALS VERSUS 3.5 MILLION RIYALS YEAR AGO

* QTRLY GROSS WRITTEN PREMIUMS 1.26 BILLION RIYALS VERSUS 1.08 BILLION RIYALS YEAR AGO

* QUARTER SAW DECREASE IN NET CLAIMS INCURRED BY 26.6%

* QUARTER SAW INCREASE IN REINSURANCE COMMISSION INCOME BY 97.8% Source text for Eikon: Further company coverage:

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