Investor Presentaiton
14
Year on Year Comparison
Sustainable profitability over 5 years
إعادة
Saudi Re
SAR'000
30-Sep-21 31-Dec-20 31-Dec-19
31-Dec-18
31-Dec-17
31-Dec-16
Gross premiums written
1,114,292
Net premiums written
996,571
Net premiums earned
633,735
Net Claims
(418,769)
935,114 792,848
772,639 646,605
647,121 642,535
(391,980) (417,070) (404,054)
721,605
942,007
985,510
616,896
636,921
938,184
613,615
595,833
1,131,098
(19,114)
(908,631)
Premium Deficiency reserve
0
Net Acquisition Costs
(153,852)
(185,992)
(158,221) (158,001)
(139,578)
(166,638)
Net underwriting results
61,113
69,149
67,244
51,560
37,141
55,829
Policyholder net investment income
Other income
2,601
3,674
9,139
4,936
5,397
4,212
832
228
4
1,075
922
Underwriting - General and administrative expenses
(38,800)
(38,729)
(41,203)
(42,788)
(39,970)
(49,933)
Net surplus/(deficit) from reinsurance operations
25,746
34,322
35,179
13,713
3,643
11,030
Shareholder net investment income
Other income
Shareholders' - General and administrative expenses
Net income/(Loss) for the period
Zakat & Tax Provision
33,824
33,765
36,341
9,702
46,465
19,964
125
6,485
1,000.00
904.85
0
(9224)
(10,447)
(9,684)
(9,224)
(10,856)
(11,427)
50,471
64,124
62,836
15,095
39,252
19,567
(10,337)
(14,774)
(13,873)
(12,865)
(13,434)
(15,300)
Other comprehensive loss
(988)
2,191
(3,021)
3,036
(1,962)
0
Policyholder surplus transfer
Total comprehensive (Loss)/Income - Shareholders
(2,575)
(3,432)
(3,518)
(1,371)
(364)
(1,103)
36,571
48,109
42,423
3,895
23,492
3,164
Public
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