Al-Etihad Insurance accumulated losses stood at SAR 201.64 million, as of March 31, 2026.
Shareholders of Al-Etihad Cooperative Insurance Co. approved a board recommendation to transfer the company’s entire statutory balance of SAR 41.36 million to accumulated losses. 
The decision was taken during an extraordinary general meeting (EGM) held on June 3.
The insurer said in a Tadawul filing that the move is intended to partly offset its SAR 201.64 million accumulated losses, which represented 40.3% of its SAR 500 million capital as of March 31, 2026.
Following the transfer, accumulated losses will decline to 32.1% of the company’s capital, the statement said.
Al-Etihad Insurance accumulated losses stood at SAR 201.64 million, as of March 31, 2026.
Shareholders of Al-Etihad Cooperative Insurance Co. approved a board recommendation to transfer the company’s entire statutory balance of SAR 41.36 million to accumulated losses.
The decision was taken during an extraordinary general meeting (EGM) held on June 3.
The insurer said in a Tadawul filing that the move is intended to partly offset its SAR 201.64 million accumulated losses, which represented 40.3% of its SAR 500 million capital as of March 31, 2026.
Following the transfer, accumulated losses will decline to 32.1% of the company’s capital, the statement said.
