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International

Allianz Saudi Fransi’s net profit jumps by 330%

March 19, 2024 Reprints

Saudi Arabia-based Allianz Saudi Fransi Cooperative Insurance Co.’s net profit after tax grew by a major 330% year-on-year to 36.98 million Saudi Arabian riyals ($9.8 million) in 2023, Zawya reported. The company’s insurance revenues increased by 17% year-on-year to SAR862.6 million in the reported period.

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Allianz Saudi Fransi’s net profit jumps by 330%

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