Al Madina Takaful Co.OG (MUS:AMAT) Unearned Premiums : ر.ع20.27 Mil (As of Dec. 2023)

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What is Al Madina Takaful Co.OG Unearned Premiums?

Al Madina Takaful Co.OG's quarterly unearned premiums declined from Jun. 2023 (ر.ع17.65 Mil) to Sep. 2023 (ر.ع15.03 Mil) but then increased from Sep. 2023 (ر.ع15.03 Mil) to Dec. 2023 (ر.ع20.27 Mil).

Al Madina Takaful Co.OG's annual unearned premiums declined from Dec. 2021 (ر.ع20.36 Mil) to Dec. 2022 (ر.ع20.35 Mil) and declined from Dec. 2022 (ر.ع20.35 Mil) to Dec. 2023 (ر.ع20.27 Mil).

Al Madina Takaful Co.OG Unearned Premiums Historical Data

The historical data trend for Al Madina Takaful Co.OG's Unearned Premiums can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Al Madina Takaful Co.OG Unearned Premiums Chart

Al Madina Takaful Co.OG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Unearned Premiums

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18.17

16.89

20.36

20.35

20.27

Al Madina Takaful Co.OG Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Unearned Premiums	Get a 7-Day Free Trial															20.35	18.55	17.65	15.03	20.27

Al Madina Takaful Co.OG Unearned Premiums Calculation

The portion of premium that has not been earned by insurance companies. Insurance companies have to pay them back to the insured if the policies are cancelled.

Al Madina Takaful Co.OG (MUS:AMAT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Al Madina Takaful Co. SAOG (MUS:AMAT) » Definitions » Unearned Premiums

Comparable Companies

Traded in Other Exchanges

N/A

Address

Office no. 301/302, P.O. Box 80, 3rd Floor, Building 6, Muscat Grand Mall, Ghubra, Muscat, OMN, 136

Website

https://www.almadinatakaful.com

Al Madina Takaful Co. SAOG is engaged in the business of takaful activities and investments by adopting the wakala and mudarabha model respectively, on behalf of the participants in accordance with the Islamic Sharia principles. The business operates in various segments that include the General Takaful segment; which includes insurance and reinsurance of motor, fire, general accident, marine cargo, and medical, and the Family Takaful segment; which includes insurance of an individual or group life. Fire, energy, medical, engineering, liability, and general accident segment and Motor, marine, and aviation. The General Takaful segment generates maximum revenue for the company. Geographically, the operations of the company are located inside the Sultanate of Oman.