Solidarity Saudi Takaful Co. reported earnings results for the first quarter ended March 31, 2017. For the quarter, the company reported net profit before Zakat of SAR 10,643 or SAR 0.43 per share against SAR 3,470 or SAR 0.14 per share a year ago. Gross written premiums were SAR 35,952 against SAR 98,005 a year ago. Net written premiums were SAR 31,144 against SAR 88,343 a year ago. Net profit of shareholders capital investment was SAR 1,782 against net loss of shareholders capital investment SAR 7,974 a year ago. The reasons for the increase in the net profit were due to the release of unearned premium and decrease in net incurred claims.