Solidarity Saudi Takaful Company announced earnings results for the year ended December 31, 2016. For the year, the company reported net profit before Zakat was SAR 43,560,665 against loss of SAR 51,508,135 a year ago. Earnings per share were SAR 0.79 against loss of SAR 0.93 a year ago. Net written premiums were SAR 228,891,686 against SAR 209,896,033 a year ago. The reasons for the net profit during the current period as compared to the same period in the previous year are due to the increase in net written premium, decrease in incurred claims and decrease in general and administration expenses.