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United Cooperative Assurance Company (“ACIG”) returned to profitability in the third quarter of 2026, posting net profit of SAR 4.93 million, compared with a loss of SAR 57.61 million in the same quarter of the previous year. The company attributed the turnaround to improved insurance service results and lower incurred claims in motor insurance. Insurance revenue rose 45.74% in the first nine months to SAR 953.49 million. The company recorded net profit of SAR 771,000 for the nine-month period, while accumulated losses reached SAR 132.8 million, equivalent to 45.63% of its capital.
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