Saudi Indian Company for Cooperative Insurance reported earnings results for the fourth quarter and year ended December 31, 2016. For the quarter, the company reported that net profit before zakat was SAR 10,049,000 compared to a net loss before zakat of SAR 55,375,000 for the same quarter ended December 31, 2015. Net written premiums were SAR 81,796,000 compared to SAR 122,001,000 for the same quarter ended December 31, 2015. The reason of achieving net profit for the fourth quarter of 2016 compared to the same quarter of 2015 is due to the increase in net premium earned by 32.33% and the increase in total revenue by 35.15% as well as the decrease in the total claims and other expenses by 25.52%. For the year, the company reported that net profit before zakat was SAR 59,657,000 or SAR 2.91 earnings per share, compared to a net loss before zakat of SAR 63,015,000 or SAR 3.38 loss per share, for the year ended December 31, 2015. Net written premiums were SAR 470,078,000 compared to SAR 407,731,000 for the year ended December 31, 2015. The reason of achieving net profit for this period compared to the same period of 2015 is due to the increase in net premium earned by 83.65% as well as the increase in total revenue by 80.24%.