Wafa Insurance, Inc. announced financial results for the year ended December 31, 2017. For the year, the company reported net loss of SAR 32,680,000 against earnings of SAR 59,656,000 for the same period a year ago. Loss per share was SAR 2.67 per share against earnings of SAR 4.88 per share for the same period a year ago. Gross written premiums were SAR 499,995,000 against SAR 550,807,000 for the same period a year ago. Net written premiums were SAR 300,369,000 against SAR 470,078,000 for the same period a year ago.