Saudi insurers report improved first-half profits on lower claims

RIYADH: Major Saudi-listed insurers released first-half earnings results on Wednesday, with three reporting improved profits due to lower claims. Alinma Tokio Marine Co. turned in a profit of SR2.4 million ($639,339) in the first half of 2022, erasing over SR3.2 million in losses from the first half of 2021, according to a bourse filing. Saudi Enaya Cooperative Insurance Co.

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