AXA Cooperative Insurance Company reported earnings results for the fourth quarter and full year ended December 31, 2015. The company has reported that net profit before zakat for the fourth quarter ended December 31, 2015 was SAR 5.25 million, compared to a net loss before zakat of SAR 1.18 million for the same quarter ended December 31, 2014. Net written premiums for the fourth quarter ended December 31, 2015 were SAR 111.30 million, compared to SAR 243.61 million for the same quarter ended December 31, 2014.

The company net profit before zakat for the year ended December 31, 2015 was SAR 27.85 million, or SAR 0.64 per share, compared to SAR 18.05 million, or SAR 0.54 per share, for the year ended December 31, 2014. Net written premiums for the year ended December 31, 2015 were SAR 1 billion, compared to SAR 911.49 million for the year ended December 31, 2014.