Saudi Re for Cooperative Reinsurance Company announced earnings results for the third quarter and nine months ended September 30, 2016. For the quarter, the company announced net profit before zakat was SAR 2,709,760 compared to loss of SAR 57,238,570 for the same quarter a year ago. Gross written premium was SAR 82,454,802 compared to SAR 397,054,831 for the same quarter a year ago. Net written premiums were SAR 75,103,149 compared to SAR 386,831,640 for the same quarter a year ago. Net profit of shareholders capital investment was SAR 937,048 compared to loss of SAR 17,544,759 for the same quarter a year ago. For the nine months, the company announced net loss before zakat was SAR 23,919,740 compared to SAR 43,941,971 for the same quarter a year ago. Gross written premium was SAR 978,011,937 compared to SAR 743,637,425 for the same period a year ago. Net written premiums were SAR 938,532,477 compared to SAR 703,136,190 for the same period a year ago. Net profit of shareholders capital investment was SAR 9,165,267 compared to SAR 5,073,910 for the same quarter a year ago. Loss per share was SAR 0.24 compared to SAR 0.44 per share a year ago.