Investor Presentaiton
17
Financial YOY Comparison
Sustainable profitability
إعادة
Saudi Re
SAR'000
31-Dec-21 31-Dec-20
31-Dec-19 31-Dec-18
31-Dec-17
31-Dec-16
Gross premiums written
1,115,879
Net premiums written
958,968
Net premiums earned
Net Claims Incurred
Premium Deficiency reserve
Net Acquisition Costs
Net underwriting results
Policyholder net investment income
Other income
935,114 792,848
772,639 646,605
854,730 647,121 642,535
(565,312) (391,980) (417,070)
721,605
942,007
985,510
616,896
636,921
938,184
613,615
595,833
1,131,098
(404,054)
(19,114)
(908,631)
0
(217,792)
71,626
3,976
(185,992) (158,221)
69,149
3,674
(158,001)
(139,578)
(166,638)
67,244
51,560
37,141
55,829
9,139
4,936
5,397
4,212
730
228
4
1,075
922
Underwriting - General and administrative expenses
(50,620)
(38,729)
(41,203)
(42,788)
(39,970)
(49,933)
Net surplus/(deficit) from reinsurance operations
25,712
34,322
35,179
13,713
3,643
11,030
Shareholder net investment income
Other income
Shareholders' - General and administrative expenses
42,969
33,765
36,341
9,702
46,465
19,964
379
6,485
1,000.00
904.85
0
(13,174)
(10,447)
(9,684)
(9,224)
(10,856)
(11,427)
Zakat & Tax Provision
Net income/(Loss) for the period
Other comprehensive loss
55,886
64,124
62,836
15,095
39,252
19,567
(15,005)
(14,774) (13,873)
(12,865)
(13,434)
(15,300)
(2,124)
2,191
(3,021)
3,036
(1,962)
0
Policyholder surplus transfer
Total comprehensive (Loss)/Income - Shareholders
(2,571)
(3,432)
(3,518)
(1,371)
(364)
(1,103)
36,186
48,109
42,423
3,895
23,492
3,164
Public
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