ACE Arabia Cooperative Insurance Co. reported earnings results for the fourth quarter and year ended December 31, 2015. For the quarter, the company reported net profit before zakat was SAR 7.42 million, compared to SAR 9.56 million for the same quarter ended December 31, 2014. Net written premiums were SAR 18.58 million, compared to SAR 17.28 million for the same quarter ended December 31, 2014.

For the year, the company reported net profit before zakat was SAR 13.94 million, or SAR 1.4 per share, compared to SAR 15.71 million, or SAR 1.57 per share, for the year ended December 31, 2014. Net written premiums were SAR 120.70 million, compared to SAR 99.42 million for the year ended December 31, 2014.