Solidarity Saudi Takaful Co. reported earnings results for the third quarter and nine months ended September 30, 2018. For the third quarter, the company reported net loss before Zakat of SAR 9,676,000 against net profit of SAR 19,587,000 a year ago. Gross written premiums were SAR 59,596,000 against SAR 36,995,000 a year ago. Net written premiums were SAR 47,659,000 against SAR 30,096,000 a year ago. Net profit of shareholders capital investment was SAR 2,426,000 against SAR 1,588,000 a year ago. The reason for the net loss during the current quarter as compared to the net profit in the same quarter of the previous year is mainly due to the negative effect of unearned premium. For the nine months, the company reported net profit before Zakat of SAR 3,010,000 against SAR 43,144,000 a year ago. Gross written premiums were SAR 169,332,000 against SAR 93,554,000 a year ago. Net written premiums were SAR 148,717,000 against SAR 78,876,000 a year ago. Net profit of shareholders capital investment was SAR 14,184,000 against SAR 5,227,000 a year ago. Earnings per share was SAR 0.12 against SAR 1.73 a year ago. The reason for the decrease in the net profit during the current period as compared to the same period previous year is mainly due to the negative effect of unearned premium.