	English [member]
Start Date	2020-07-01	2019-07-01
End Date	2020-09-30	2019-09-30
Filing information [line items]
Disclosure of entity information [abstract]
Name of reporting entity	Bupa Arabia for Cooperative Insurance Co.
Company symbol code\| ISIN code	8210 \| SA1210540914
Sector\| Industry group	Financials \| Insurance
Disclosure of document information [abstract]
Whether entity wants to report opening statement of financial position	No
Period covered by financial statements	Quarter 3
Reporting period start date	2020-07-01	2019-07-01
Reporting period end date	2020-09-30	2019-09-30
Description of nature of financial statements	Consolidated
Status of financial statements	Reviewed
Description of presentation currency	Saudi Arabia, Riyals
Level of rounding used in financial statements	Thousands

	Primary auditor [member]	Second primary auditor [member]
	English [member]	English [member]
Start Date	2020-07-01	2020-07-01
End Date	2020-09-30	2020-09-30
Auditors information [line items]
Details of auditors signing report [abstract]
Name of auditor signing report	Mufaddal A. Ali	Ahmed I. Reda
Registration number of auditor	License No. 447	Licence No. 356
Details of audit firm [abstract]
Name of audit firm	PricewaterhouseCoopers	Ernst & Young
Registration number of audit firm	Licence No. 25	Licence No. 45
Address of audit firm	Jameel Square, Al Tahliah Street \| P.O. Box 16415, Jeddah 21464, Kingdom of Saudi Arabia	Ernst & Young13th Floor, King's Road Tower, King Abdulaziz Road, P.O.Box 1994, Jeddah 21441, Saudi Arabia

	English [member]
Start Date	2020-07-01
End Date	2020-09-30
Auditors report [line items]
Disclosures of auditors report [text block]	We have reviewed the accompanying interim condensed statement of financial position of Bupa Arabia for Cooperative Insurance Company - a Saudi Joint Stock Company (the “Company”) as at 30 September 2019, and the related interim condensed statements of income, comprehensive income for the three-month and nine-month periods then ended, the related interim statements of changes in equity and cash flow for the nine-months period then ended, and notes to the interim condensed financial statements.
Contents of auditors report [abstract]
Nature of auditors opinion	Unmodified opinion
Auditors opinion	Based on our review, nothing has come to our attention that causes us to believe that the accompanying interim condensed financial statements are not prepared, in all material respects, in accordance with International Accounting Standard 34, “Interim Financial Reporting” as endorsed in the Kingdom of Saudi Arabia.
Basis of opinion	Based on our review, nothing has come to our attention that causes us to believe that the accompanying interim condensed financial statements are not prepared, in all material respects, in accordance with International Accounting Standard 34, “Interim Financial Reporting” as endorsed in the Kingdom of Saudi Arabia.
Responsibilities of management and those charged with governance for financial statements	Management is responsible for the preparation and presentation of these interim condensed financial statements in accordance with International Accounting Standard 34, “Interim Financial Reporting” as endorsed in the Kingdom of Saudi Arabia. Our responsibility is to express a conclusion on these interim condensed financial statements based on our review.
Auditors responsibilities for audit of financial statements	We conducted our review in accordance with International Standard on Review Engagements 2410, “Review of Interim Financial Information Performed by the Independent Auditor of the Entity” that is endorsed in the Kingdom of Saudi Arabia. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with International Standards on Auditing that are endorsed in the Kingdom of Saudi Arabia and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion.
Date of signing audit report by auditor	2020-11-04

Start Date	2020-01-01	2019-01-01	2019-01-01
End Date	2020-09-30	2019-12-31	2019-09-30
Statement of financial position [abstract]
Assets [abstract]
Insurance/ takaful operations assets [abstract]
Deferred policy acquisition costs	0	134,022	140,329
Reinsurers/ retakaful share of unearned premiums/ contributions	13,072	20,625	11,666
Prepayments and other assets, insurance/ takaful operations assets	235,324	222,424	223,216
Premiums/ insurance receivables/takaful contributions receivable, net	2,490,541	1,689,377	2,304,278
Reinsurers/ retakaful share of outstanding claims/ benefits, net	8,133	5,190	3,518
Time (Murabaha) deposits, insurance/ takaful operations assets	2,063,261	3,347,965	2,521,387
Investments held at fair value through statement of income, insurance/ takaful operations assets	2,812,083	725,551	858,924
Cash and cash equivalents, insurance/ takaful operations assets	254,329	446,942	918,401
Total insurance/ takaful operations assets	7,876,743	6,592,096	6,981,719
Shareholders assets [abstract]
Property and equipment, net, shareholders assets	208,681	169,441	172,777
Goodwill	98,000	98,000	98,000
Intangible assets	56,721	56,245	57,294
Statutory deposit	120,000	120,000	120,000
Prepayments and other assets, shareholders assets	47,170	54,219	48,015
Investments held at fair value through statement of income, shareholders assets	2,588,608	1,115,281	1,121,168
Time (Murabaha) deposits, shareholders assets	1,175,118	1,716,011	1,394,516
Cash and cash equivalents, shareholders assets	102,239	218,767	365,311
Other assets, shareholders assets	47,831	41,036	43,796
Total shareholders assets	4,444,368	3,589,000	3,420,877
Total assets	12,321,111	10,181,096	10,402,596
Liabilities and equity [abstract]
Insurance/ takaful operations liabilities and surplus (deficit) [abstract]
Insurance/ takaful operations liabilities [abstract]
Gross unearned premiums/ contributions	5,052,553	4,376,219	4,939,402
Surplus distribution payable	224,603	168,454	165,997
Reinsurers/ retakaful balance payable	68,059	54,413	92,457
Gross outstanding claims/ benefits including IBNR payable	2,016,554	1,627,708	1,460,309
Accrued expenses payable, insurance/ takaful operations liabilities	495,877	352,798	309,743
Total insurance/ takaful operations liabilities	7,857,646	6,579,592	6,967,908
Insurance/ takaful operations surplus (deficit) [abstract]
Surplus (deficit) from insurance/ takaful fund	0	0	0
Fair value reserves on investments	0	0	0
Other insurance/ takaful operations surplus (deficit)	0	0	0
Total insurance/ takaful operations surplus (deficit)	0	0	0
Total insurance/ takaful operations liabilities and surplus (deficit)	7,857,646	6,579,592	6,967,908
Shareholders liabilities and equity [abstract]
Shareholders liabilities [abstract]
Due to related parties, shareholders liabilities	85,853	78,848	58,450
Accrued expenses payable, shareholders liabilities	142,041	95,889	96,147
Other liabilities, shareholders liabilities	434,177	381,870	341,569
Total shareholders liabilities	662,071	556,607	496,166
Shareholders equity [abstract]
Equity attributable to owners of parent [abstract]
Share capital	1,200,000	1,200,000	1,200,000
Statutory reserve	727,871	727,871	609,111
Fair value reserve on investments, shareholders equity	131,304	18,035	6,657
Retained earnings (accumulated losses)	1,754,359	1,128,973	1,142,078
Share based payments reserve	-20,764	-32,013	-24,213
Other equity interest	8,624	2,031	4,889
Total equity attributable to owners of parent	3,801,394	3,044,897	2,938,522
Total equity attributable to equity holders of company	3,801,394	3,044,897	2,938,522
Total shareholders liabilities and equity	4,463,465	3,601,504	3,434,688
Total insurance/ takaful operations liabilities, surplus (deficit) and shareholders liabilities and equity	12,321,111	10,181,096	10,402,596

Start Date	2020-07-01	2019-07-01	2020-01-01	2019-01-01
End Date	2020-09-30	2019-09-30	2020-09-30	2019-09-30
Statement of insurance/ takaful operations [abstract]
Statement of insurance/ takaful operations and accumulated surplus (deficit) [abstract]
Income from insurance/ takaful operations [abstract]
Net premiums/ contributions earned [abstract]
Net premiums/ contributions written [abstract]
Gross premiums/ contributions written	3,076,175	3,076,443	8,789,371	8,420,692
Reinsurance/ retakaful premiums ceded	8,551	20,331	36,733	71,448
Net premiums/ contributions written	3,067,624	3,056,112	8,752,638	8,349,244
Changes in unearned premiums/ contributions	367,776	694,874	683,887	1,505,925
Net premiums/ contributions earned	2,699,848	2,361,238	8,068,751	6,843,319
Investment income from insurance/ takaful operations, net	30,496	33,307	93,740	100,680
Fees and other income from insurance/ takaful operations	-1,473	-1,294	-2,689	-3,953
Total income from insurance/ takaful operations	2,728,871	2,393,251	8,159,802	6,940,046
Cost and expenses [abstract]
Net claims/ benefits incurred [abstract]
Net claims/ benefits paid [abstract]
Gross claims/ benefits paid	1,984,777	1,820,441	5,920,645	5,603,733
Reinsurance/ retakaful share of gross claims/ benefits paid	2,668	12,449	8,003	37,346
Net claims/ benefits paid	1,982,109	1,807,992	5,912,642	5,566,387
Changes in outstanding claims/ benefits including IBNR	199,997	52,821	388,846	-12,372
Changes in reinsurance/ retakaful share of outstanding claims/ benefits	-1,824	-338	-2,943	-503
Net claims/ benefits incurred	2,180,282	1,860,475	6,298,545	5,553,512
Policy acquisition costs	131,684	54,380	421,722	165,737
General and administrative expenses, insurance/ takaful operations	130,155	115,989	393,818	332,550
Selling and marketing expenses, insurance/ takaful operations	91,553	89,240	277,513	264,300
Other cost and expenses	41,955	17,429	46,433	90,480
Total cost and expenses	2,575,629	2,137,513	7,438,031	6,406,579
Surplus (deficit) for period from insurance/ takaful operations	153,242	255,738	721,771	533,467
Shareholders appropriation from insurance/ takaful operations surplus (deficit)	137,918	230,164	649,594	480,120
Net result for period from insurance/ takaful operations after shareholders appropriation	15,324	25,574	72,177	53,347
Policyholders share of accumulated surplus, at start of period	0	0	0	0
Policyholders share of accumulated surplus, at end of period	15,324	25,574	72,177	53,347

Start Date	2020-07-01	2019-07-01	2020-01-01	2019-01-01
End Date	2020-09-30	2019-09-30	2020-09-30	2019-09-30
Statement of shareholders operations [abstract]
Profit (loss) [abstract]
Income (loss) from continuing operations [abstract]
Shareholders appropriation of surplus (deficit) transferred from insurance/ takaful operations	137,918	230,164	649,594	480,120
Revenue [abstract]
Investment income	26,455	26,744	74,307	77,914
Other income	7,925	5,840	23,150	19,499
Total revenue	34,380	32,584	97,457	97,413
Expenses [abstract]
General and administrative expenses, shareholders operations	2,230	2,344	8,269	6,932
Total expenses	2,230	2,344	8,269	6,932
Income (loss) from continuing operations before zakat and income tax	170,068	260,404	738,782	570,601
Zakat expenses on continuing operations for period	18,073	13,307	53,538	37,458
Income tax on continuing operations for period	12,377	20,514	57,985	45,001
Profit (loss) from continuing operations	139,618	226,583	627,259	488,142
Income (loss) from discontinued operations [abstract]
Income (loss) from discontinued operations	0	0	0	0
Gain (loss) on disposal of discontinued operations	0	0	0	0
Other incidental incomes (expenses) resulting from discontinued operations	0	0	0	0
Profit (loss) from discontinued operations before zakat and income tax	0	0	0	0
Zakat expenses on discontinued operations for period	0	0	0	0
Income tax on discontinued operations for period	0	0	0	0
Profit (loss) from discontinued operations	0	0	0	0
Profit (loss) for the period	139,618	226,583	627,259	488,142
Profit (loss), attributable to [abstract]
Profit (loss), attributable to saudi shareholders of company	139,618	226,583	627,259	488,142
Profit (loss), attributable to non-saudi shareholders of company	0	0	0	0
Profit (loss), attributable to non-controlling interests	0	0	0	0
Earnings per share [abstract]
Basic earnings (loss) per share [abstract]
Basic earnings (loss) per share from continuing operations	1.17	1.89	5.25	4.08
Basic earnings (loss) per share from discontinued operations	0	0	0	0
Total basic earnings (loss) per share	1.17	1.89	5.25	4.08
Diluted earnings (loss) per share [abstract]
Diluted earnings (loss) per share from continuing operations	0	0	0	0
Diluted earnings (loss) per share from discontinued operations	0	0	0	0
Total diluted earnings (loss) per share	0	0	0	0
Weighted average number of equity shares outstanding	119446	119594	119413	119595

Start Date	2020-07-01	2019-07-01	2020-01-01	2019-01-01
End Date	2020-09-30	2019-09-30	2020-09-30	2019-09-30
Statement of other comprehensive income, before tax [abstract]
Net result for period from insurance/ takaful operations after shareholders appropriation	15,324	25,574	72,177	53,347
Other comprehensive income [abstract]
Components of other comprehensive income that will not be reclassified to profit or loss [abstract]
Gains (losses) on revaluation of property and equipment	0	0	0	0
Share of other comprehensive income of associates and joint ventures accounted for using equity method that will not be reclassified to profit or loss	0	0	0	0
Remeasurement gains (losses) on defined benefit plans	0	0	0	0
Other comprehensive gains (losses) that will not be reclassified to profit or loss	0	0	0	0
Total other comprehensive income that will not be reclassified to profit or loss	0	0	0	0
Components of other comprehensive income that will be reclassified to profit or loss [abstract]
Foreign currency translation [abstract]
Income tax (charge) credit relating to translation of foreign operations	0	0	0	0
Reclassification adjustments on exchange differences on translation	0	0	0	0
Other comprehensive income, foreign currency translation	0	0	0	0
Total other comprehensive income (loss), foreign currency translation	0	0	0	0
Cash flow hedges [abstract]
Gains (losses) on cash flow hedges, net	0	0	0	0
Income tax (charge) credit relating to cash flow hedges	0	0	0	0
Reclassification adjustments on cash flow hedges	0	0	0	0
Other comprehensive income, cash flow hedges	0	0	0	0
Total other comprehensive income (loss), cash flow hedges	0	0	0	0
Available-for-sale financial assets [abstract]
Gains (losses) on remeasuring available-for-sale financial assets	0	0	0	0
Income tax (charge) credit relating to unrealised losses on available-for-sale financial assets, net	0	0	0	0
Reclassification adjustment on available-for-sale financial assets due to sale	0	0	0	0
Reclassification adjustment on available-for-sale financial assets due to impairment	0	0	0	0
Other comprehensive income, available-for-sale financial assets	0	0	0	0
Total other comprehensive income (loss), available-for-sale financial assets	0	0	0	0
Hedges of net investment in foreign operations [abstract]
Gains (losses) on hedges of net investments in foreign operations	0	0	0	0
Income tax (charge) credit relating to hedges of net investment in foreign operations	0	0	0	0
Reclassification adjustment on hedges of net investment in foreign operations	0	0	0	0
Other comprehensive income, hedges of net investment in foreign operations	0	0	0	0
Total other comprehensive income (loss), hedges of net investment in foreign operations	0	0	0	0
Other comprehensive gains (losses) that will be reclassified to profit or loss	5,103	4,781	6,593	22,400
Total other comprehensive income (loss), that will be reclassified to profit or loss	5,103	4,781	6,593	22,400
Total other comprehensive income (loss)	5,103	4,781	6,593	22,400
Total comprehensive income (loss) for period	20,427	30,355	78,770	75,747

Start Date	2020-07-01	2019-07-01	2020-01-01	2019-01-01
End Date	2020-09-30	2019-09-30	2020-09-30	2019-09-30
Statement of other comprehensive income, before tax [abstract]
Statement of comprehensive income [abstract]
Profit (loss) for the period	139,618	226,583	627,259	488,142
Other comprehensive income [abstract]
Components of other comprehensive income that will not be reclassified to profit or loss [abstract]
Gains (losses) on revaluation of property, plant and equipment	0	0	0	0
Share of other comprehensive income of associates and joint ventures accounted for using equity method that will not be reclassified to profit or loss	0	0	0	0
Remeasurement gains (losses) on defined benefit plans	0	0	0	0
Other comprehensive gains (losses) that will not be reclassified to profit or loss	0	0	0	0
Total other comprehensive income that will not be reclassified to profit or loss	0	0	0	0
Components of other comprehensive income that will be reclassified to profit or loss [abstract]
Share of other comprehensive income of associates and joint ventures accounted for using equity method that will be reclassified to profit or loss	0	0	0	0
Foreign currency translation [abstract]
Gains (losses) on exchange differences on translation of foreign operations	0	0	0	0
Income tax (charge) credit relating to translation of foreign operations	0	0	0	0
Reclassification adjustments on exchange differences on translation	0	0	0	0
Other comprehensive income, foreign currency translation	0	0	0	0
Total other comprehensive income (loss), foreign currency translation	0	0	0	0
Cash flow hedges [abstract]
Gains (losses) on cash flow hedges, net	0	0	0	0
Income tax (charge) credit relating to cash flow hedges	0	0	0	0
Reclassification adjustments on cash flow hedges	0	0	0	0
Other comprehensive income, cash flow hedges	0	0	0	0
Total other comprehensive income (loss), cash flow hedges	0	0	0	0
Available-for-sale financial assets [abstract]
Gains (losses) on remeasuring available-for-sale financial assets	0	0	0	0
Income tax (charge) credit relating to unrealised losses on available-for-sale financial assets, net	0	0	0	0
Reclassification adjustment on available-for-sale financial assets due to sale	0	0	0	0
Reclassification adjustment on available-for-sale financial assets due to impairment	0	0	0	0
Other comprehensive income, available-for-sale financial assets	0	0	0	0
Total other comprehensive income (loss), available-for-sale financial assets	0	0	0	0
Hedges of net investment in foreign operations [abstract]
Gains (losses) on hedges of net investments in foreign operations	0	0	0	0
Income tax (charge) credit relating to hedges of net investment in foreign operations	0	0	0	0
Reclassification adjustment on hedges of net investment in foreign operations	0	0	0	0
Other comprehensive income, hedges of net investment in foreign operations	0	0	0	0
Total other comprehensive income (loss), hedges of net investment in foreign operations	0	0	0	0
Other comprehensive gains (losses) that will be reclassified to profit or loss	62,391	3,633	113,269	28,599
Total other comprehensive income (loss), that will be reclassified to profit or loss	62,391	3,633	113,269	28,599
Total other comprehensive income (loss)	62,391	3,633	113,269	28,599
Total comprehensive income (loss) for period	202,009	230,216	740,528	516,741
Total comprehensive income (loss) attributable to [abstract]
Total comprehensive income (loss), attributable to saudi shareholders of company	202,009	230,216	740,528	516,741
Total comprehensive income (loss), attributable to non-saudi shareholders of company	0	0	0	0
Total comprehensive income (loss), attributable to non-controlling interests	0	0	0	0

Start Date	2020-01-01	2019-01-01
End Date	2020-09-30	2019-09-30
Statement of cash flows, indirect method [abstract]
Statement of cash flows, insurance/ takaful operations [abstract]
Cash flows from (used in) operating activities, insurance/ takaful operations [abstract]
Net result for period from insurance/ takaful operations after shareholders appropriation	72,177	53,347
Adjustments to reconcile net income to net cash from insurance/ takaful operations after shareholders appropriation
Adjustments for depreciation, insurance/ takaful operations cash flow	23,448	23,153
Adjustments for unrealised (gains) losses on investments held as fair value through statement of income	276	-7,509
Adjustments for allowance for doubtful receivables	46,433	90,480
Adjustments for (gains) losses on disposal of investments, insurance/ takaful operations cash flow	-8,968	-5,375
Other adjustments to reconcile net income to net cash from insurance/ takaful operating activities	11,851	13,109
Total adjustments to reconcile net income to net cash from insurance/ takaful operations after shareholders appropriation	73,040	113,858
Changes in operating assets and liabilities [abstract]
Adjustments for decrease (increase) in premium receivables, net	-847,597	-1,444,087
Adjustments for decrease (increase) in prepayments and other assets	-12,900	-54,350
Adjustments for increase (decrease) in outstanding claims including IBNR	388,846	-12,372
Adjustments for increase (decrease) in reinsurers/ retakaful balance payable	13,646	41,821
Adjustments for increase (decrease) in accrued expenses and other liabilities	107,780	28,718
Adjustments for decrease (increase) in reinsurers/ retakaful share of outstanding claims, net	-2,943	-504
Adjustments for decrease (increase) in deferred policy acquisition costs	134,022	-22,006
Adjustments for increase (decrease) in due to shareholders operations	0	-36,262
Adjustments for movement in gross unearned premiums/ contributions	676,334	1,511,271
Adjustments for reinsurance/ retakaful share of unearned premiums/ contributions	7,553	-5,346
Adjustments for other changes in operating assets and liabilities, insurance/ takaful operations cash flow	-16,028	-27,105
Total changes in operating assets and liabilities	448,713	-20,222
Net cash flows from (used in) insurance/ takaful operations	593,930	146,983
Other inflows (outflows) of cash classified as operating activities, insurance/ takaful operations cash flow	0	0
Net cash flows from (used in) operating activities, insurance/ takaful operations	593,930	146,983
Cash flows from (used in) investing activities, insurance/ takaful operations [abstract]
Time (Murabaha) deposits, insurance/ takaful operations cash flow	1,284,704	512,356
Proceeds from sales of investments held as fair value through statement of income, insurance/ takaful operations cash flow	3,761,632	915,900
Purchase of investments, insurance/ takaful operations cash flow	5,832,879	929,365
Net cash flows from (used in) investing activities, insurance/ takaful operations	-786,543	498,891
Cash flows from (used in) financing activities, insurance/ takaful operations [abstract]
Adjustments for decrease (increase) in due from shareholders operations	0	0
Adjustments for increase (decrease) in due to shareholders operations	0	0
Due to related party, insurance/ takaful operations cash flow	0	0
Surplus paid to policyholders	0	0
Payments to acquire or redeem treasury shares	0	0
Other inflows (outflows) of cash classified as financing activities, insurance/ takaful operations cash flow	0	0
Net cash flows from (used in) financing activities, insurance/ takaful operations	0	0
Increase (decrease) in cash and cash equivalents before effect of exchange rate changes	-192,613	645,874
Effect of exchange rate changes on cash and cash equivalents	0	0
Net increase (decrease) in cash and cash equivalents	-192,613	645,874
Cash and cash equivalents at beginning of period	446,942	272,527
Cash and cash equivalents at end of period	254,329	918,401
Non-cash supplemental information, insurance/ takaful operations [abstract]
Operational cash flows from interest and dividends [abstract]
Interest paid, insurance/ takaful operations	0	0
Interest received, insurance/ takaful operations	0	0
Dividend received, insurance/ takaful operations	0	0

Start Date	2020-01-01	2019-01-01
End Date	2020-09-30	2019-09-30
Statement of cash flows, indirect method [abstract]
Statement of cash flows [abstract]
Cash flows from (used in) operating activities [abstract]
Net profit (loss) for period [abstract]
Income (loss) from continuing operations before zakat and income tax	738,782	570,601
Profit (loss) from discontinued operations before zakat and income tax	0	0
Net profit (loss) for period (before zakat expenses and income tax)	738,782	570,601
Adjustments to reconcile profit (loss) [abstract]
Adjustments for unrealised loss (gain) on investments held as fair value through statement of income, shareholders cash flow	-336	-852
Adjustments for losses (gains) on disposal of investments	0	0
Adjustments for realised loss (gain) on investments held as fair value through statement of income, shareholders cash flow	-630	-2,223
Other adjustments for non-cash items	31,176	25,781
Total adjustments to reconcile profit (loss)	30,210	22,706
Changes in operating assets and liabilities [abstract]
Adjustments for increase (decrease) in accrued expenses and other liabilities, shareholders cash flow	35,769	-158
Adjustments for increase (decrease) in amount due to related parties, shareholders cash flow	5,132	14,367
Adjustments for decrease (increase) in due from insurance/ takaful operations	0	36,262
Adjustments for decrease (increase) in prepayments and other assets, shareholders assets	7,049	-13,896
Adjustments for miscellaneous other working capital changes	0	-1
Total changes in operating assets and liabilities	47,950	36,574
Net cash flows from (used in) operations	816,942	629,881
Zakat expenses	0	0
Income taxes refund (paid)	0	0
Other inflows (outflows) of cash	-81,766	-53,474
Net cash flows from (used in) operating activities	735,176	576,407
Cash flows from (used in) investing activities [abstract]
Purchase of shares under long-term incentive plan (LTIP)	0	17,744
Purchase of investments	2,698,729	1,241,650
Proceeds from sales of investments	1,339,636	963,471
Proceeds form Murabaha/ time deposits matured during the period	840,893	1,047,946
Purchase of term deposits investments	300,000	760,924
Purchase of property and equipment	8,443	11,591
Proceeds from disposal of property and equipment	0	101
Other inflows (outflows) of cash	-12,327	-13,130
Net cash flows from (used in) investing activities	-838,970	-33,521
Cash flows from (used in) financing activities [abstract]
Payments of finance lease liabilities	12,734	24,580
Dividends paid	0	180,000
Other inflows (outflows) of cash	0	9,119
Net cash flows from (used in) financing activities	-12,734	-195,461
Increase (decrease) in cash and cash equivalents before effect of exchange rate changes	-116,528	347,425
Effect of exchange rate changes on cash and cash equivalents	0	0
Net increase (decrease) in cash and cash equivalents	-116,528	347,425
Cash and cash equivalents at beginning of period	218,767	17,886
Cash and cash equivalents at end of period	102,239	365,311

[400100] Notes forming part of accounts

	English [member]	Note No.
Start Date	2020-07-01
End Date	2020-09-30
Notes forming part of accounts [line items]
Disclosure of notes and other explanatory information [text block]
Disclosure of general information about reporting entity [abstract]
Disclosure of general information about reporting entity [text block]	Bupa Arabia for Cooperative Insurance Company (the “Company”) is a Saudi Joint Stock Company incorporated in the Kingdom of Saudi Arabia as per the Ministry of Commerce and Investment’s Resolution number 138/K dated 24 Rabi Thani 1429H (corresponding to 1 May 2008). The Commercial Registration number of the Company is 4030178881 dated 5 Jumad Awwal 1429H (corresponding to 11 May 2008). The Registered Office of the Company is situated at:Al-Khalediyah District, Prince Saud Al Faisal Street,Front of Saudi Airlines Cargo Building,P.O. Box 23807, Jeddah 21436, Kingdom of Saudi Arabia.The Company is licensed to conduct insurance business in the Kingdom of Saudi Arabia under cooperative principles in accordance with Royal Decree No. M/74 dated 29 Shabaan 1428H (corresponding to 11 September 2007) pursuant to the Council of Ministers’ Resolution No 279 dated 28 Shabaan 1428H (corresponding to 10 September 2007).The objective of the Company is to transact cooperative insurance operations and related activities in the Kingdom of Saudi Arabia in accordance with its articles of association, and applicable regulations in the Kingdom of Saudi Arabia. The Company underwrites medical insurance only. The Board of Directors approves the distribution of the surplus from insurance operations in accordance with the Implementing Regulations issued by the Saudi Arabian Monetary Authority (“SAMA”), whereby the shareholders of the Company are to receive 90% of the annual surplus from insurance operations and the policyholders are to receive the remaining 10%. Any deficit arising on insurance operations is transferred to the shareholders’ operations in full.
Disclosure of basis of preparation of financial statements [text block]	The interim condensed financial statements of the Company have been prepared in accordance with ‘International Accounting Standard 34 - Interim Financial Reporting ("IAS 34") as endorsed in the Kingdom of Saudi Arabia and other standards and pronouncement issued by Saudi Organisation for Certified Public Accountants (“SOCPA”).
Disclosure of accounting framework used in preparation of financial statements [text block]	As required by the Saudi Arabian Insurance Regulations (the Implementation Regulations), the Company maintains separate books of accounts for “Insurance Operations” and “Shareholders’ Operations”. Accordingly, assets, liabilities, revenues and expenses attributable to either operation, are recorded in the respective accounts. Note 20 to these interim financial statements provides the interim statement of financial position, interim statements of income, interim comprehensive income and interim cash flows of the insurance operations and shareholders operations, separately.The interim condensed financial statements do not include all of the information required for full annual financial statements and should be read in conjunction with the annual financial statements as of and for the year ended 31 December 2019. The interim condensed financial statements may not be considered indicative of the expected results for the full year.These interim condensed financial statements are expressed in Saudi Arabian Riyals (SAR) and are rounded off to the nearest thousand.
Disclosure of new standards and amendments in standards [text block]	The following new standards, amendments and revisions to existing standards, which were issued by the International Accounting Standards Board (IASB) have been effective from 1 January 2020 and accordingly adopted by the Company, as applicable:Standard / Amendments DescriptionAmendments to IAS 1 and IAS 8 Definition of MaterialAmendments to IFRS 3 Definition of a BusinessConceptual Framework Amendments to References to Conceptual Framework in IFRS StandardsThe adoption of the amended standards and interpretations applicable to the Company did not have any significant impact on these interim condensed financial statements.
Disclosure of issued IFRS not yet adopted [text block]	Standards issued but not yet effective up to the date of issuance of the Company’s interim condensed financial statements are listed below. The Company intends to adopt these standards when they become effective.Standard/Interpretation Description Effective from periods beginning on or after the following date IFRS 17 Insurance Contracts See note belowIFRS 9 Financial Instruments See note belowIFRS 17 – Insurance ContractsOverviewThis standard has been published on 18 May 2017, it establishes the principles for the recognition, measurement, presentation and disclosure of insurance contracts and supersedes IFRS 4 – Insurance contracts.The new standard applies to insurance contracts issued, to all reinsurance contracts and to investment contracts with discretionary participating features provided the entity also issues insurance contracts. It requires to separate the following components from insurance contracts:i) embedded derivatives, if they meet certain specified criteria;ii) distinct investment components; andiii) any promise to transfer distinct goods or non-insurance services.These components should be accounted for separately in accordance with the related standards (IFRS 9 and IFRS 15).MeasurementIn contrast to the requirements in IFRS 4, which permitted insurers to continue to use the accounting policies for measurement purposes that existed prior to January 2015, IFRS 17 provides the following different measurement models:The General model is based on the following “building blocks”:a) the Fulfilment Cash Flows (FCF), which consists of: probability-weighted estimates of future cash flows, an adjustment to reflect the time value of money (i.e. discounting) and the financial risks associated with those future cash flows, and and a risk adjustment for non-financial risk;b) the Contractual Service Margin (CSM). The CSM represents the unearned profit for a group of insurance contracts and will be recognized as the entity provides services in the future. The CSM cannot be negative at inception; any net negative amount of the fulfilment cash flows at inception will be recorded in profit or loss immediately. At the end of each subsequent reporting period the carrying amount of a group of insurance contracts is remeasured to be the sum of: the liability for remaining coverage, which of consists of the FCF related to future services and the CSM of the group at that date; andand the liability for incurred claims, which is measured as the FCF related to past services allocated to the group at that date.IFRS 17 – Insurance Contracts (continued)The CSM is adjusted subsequently for changes in cash flows related to future services but the CSM cannot be negative, so changes in future cash flows that are greater than the remaining CSM are recognized in profit or loss. Interest is also accreted on the CSM at rates locked in at initial recognition of a contract (i.e. discount rate used at inception to determine the present value of the estimated cash flows). Moreover, the CSM will be released into profit or loss based on coverage units, reflecting the quantity of the benefits provided and the expected coverage duration of the remaining contracts in the group.The Variable Fee Approach (VFA) is a mandatory model for measuring contracts with direct participation features (also referred to as ‘direct participating contracts’). This assessment of whether the contract meets these criteria is made at inception of the contract and not reassessed subsequently. For these contracts, the CSM is also adjusted for in addition to adjustment under general model;i) changes in the entity’s share of the fair value of underlying items, andii) changes in the effect of the time value of money and financial risks not relating to the underlying items.In addition, a simplified Premium Allocation Approach (PAA) is permitted for the measurement of the liability for the remaining coverage if it provides a measurement that is not materially different from the general model or if the coverage period for each contract in the group is one year or less. With the PAA, the liability for remaining coverage corresponds to premiums received at initial recognition less insurance acquisition cash flows. The general model remains applicable for the measurement of incurred claims. However, the entity is not required to adjust future cash flows for the time value of money and the effect of financial risk if those cash flows are expected to be paid/received in one year or less from the date the claims are incurred.Effective dateThe IASB issued an Exposure Draft Amendments to IFRS 17 during September 2019 and received comments from various stakeholders. For any proposed amendments to IFRS 17, the IASB will follow its normal due process for standard-setting. The effective date of IFRS 17 and the deferral of the IFRS 9 temporary exemption in IFRS 4, is currently 1 January 2023. This is a deferral of 1 year compared to the previous date of 1 January 2022. Earlier application is permitted if both IFRS 15 – Revenue from Contracts with Customers and IFRS 9 – Financial Instruments have also been applied. The Company intend to apply the standard on its effective date.TransitionRetrospective application is required. However, if full retrospective application for a group of insurance contracts is impracticable, then the entity is required to select either a modified retrospective approach or a fair value approach.Presentation and DisclosuresThe Company expects that the new standard will result in a change to the accounting policies for insurance contracts together with amendments to presentation and disclosures.ImpactThe Company has assessed the impact of the application and implementation of IFRS 17. The Company does not expect a significant financial impact from adopting the standard due to the short-term nature of its insurance contracts and the related settlement patterns of its cash flows. The company also does not expect a significant impact on its reinsurance arrangements from adopting the standard, given their immateriality. The Company, however, expects that adopting the standard will likely have an impact on IT systems, data requirements and accounting policies to address additional presentation and disclosure requirements. At the date of publication of these financial statements, it was not practicable to quantify the potential impact of adopting IFRS 17. IFRS 9 - Financial Instruments This standard was published on 24 July 2014 and has replaced IAS 39. The new standard addresses the following items related to financial instruments:Classification and measurementIFRS 9 uses a single approach to determine whether a financial asset is measured at amortized cost, fair value through other comprehensive income or fair value through profit or loss. A financial asset is measured at amortized cost if both:i) the asset is held within a business model whose objective is to hold assets in order to collect contractual cash flows; andii) the contractual terms of the financial asset give rise on specified dates to cash flows that are solely payments of principal and interest on the principal amount outstanding (“SPPI”).The financial asset is measured at fair value through other comprehensive income and realized gains or losses would be recycled through profit or loss upon sale, if both conditions are met:i) the asset is held within a business model whose objective is to hold assets in order to collect contractual cash flows and for sale; andii) the contractual terms of cash flows are SPPI.Assets not meeting either of these categories are measured at fair value through profit or loss. Additionally, at initial recognition, an entity can use the option to designate a financial asset at fair value through profit or loss if doing so eliminates or significantly reduces an accounting mismatch.For equity instruments that are not held for trading, an entity can also make an irrevocable election to present in other comprehensive income subsequent changes in the fair value of the instruments (including realized gains and losses), dividends being recognized in profit or loss.Additionally, for financial liabilities that are designated as at fair value through profit or loss, the amount of change in the fair value of the financial liability that is attributable to changes in the credit risk of that liability is recognized in other comprehensive income, unless the recognition of the effects of changes in the liability’s credit risk in other comprehensive income would create or enlarge an accounting mismatch in profit or loss.ImpairmentThe impairment model under IFRS 9 reflects expected credit losses, as opposed to incurred credit losses under IAS 39. Under the IFRS 9 approach, it is no longer necessary for a credit event to have occurred before credit losses are recognized. Instead, an entity always accounts for expected credit losses and changes in those expected credit losses. The amount of expected credit losses is updated at each reporting date to reflect changes in credit risk since initial recognition.Hedge accountingIFRS 9 introduces new requirements for hedge accounting that align hedge accounting more closely with Risk Management. The requirements establish a more principles-based approach to the general hedge accounting model. The amendments apply to all hedge accounting with the exception of portfolio fair value hedges of interest rate risk (commonly referred to as “fair value macro hedges”). For these, an entity may continue to apply the hedge accounting requirements currently in IAS 39. This exception was granted largely because the IASB is addressing macro hedge accounting as a separate project.Effective dateThe published effective date of IFRS 9 was 1 January 2018. However, amendments to IFRS 4 – Insurance Contracts: Applying IFRS 9 – Financial Instruments with IFRS 4 – Insurance Contracts, published on 12 September 2016, changes the existing IFRS 4 to allow entities issuing insurance contracts within the scope of IFRS 4 to mitigate certain effects of applying IFRS 9 before the IASB’s new insurance contract standard (IFRS 17 – Insurance Contracts) becomes effective. The amendments introduce two alternative options:1) apply a temporary exemption from implementing IFRS 9 until the earlier of:a) the effective date of a new insurance contract standard; orb) annual reporting periods beginning on or after 1 January. Additional disclosures related to financial assets are required during the deferral period. This option is only available to entities whose activities are predominately connected with insurance and have not applied IFRS 9 previously; or;2) adopt IFRS 9 but, for designated financial assets, remove from profit or loss the effects of some of the accounting mismatches that may occur before the new insurance contract standard is implemented. During the interim period, additional disclosures are required.The Company has performed a detailed assessment beginning 1 January 2017: (1) The carrying amount of the Company’s liabilities arising from contracts within the scope of IFRS 4 (including deposit components or embedded derivatives unbundled from insurance contracts) were compared to the total carrying amount of all its liabilities; and (2) the total carrying amount of the company’s liabilities connected with insurance were compared to the total carrying amount of all its liabilities. Based on these assessments the Company determined that it is eligible for the temporary exemption. Consequently, the Company has decided to defer the implementation of IFRS 9 until the effective date of the new insurance contracts standard. Disclosures related to financial assets required during the deferral period are included in the Company’s financial statements.Impact assessmentAs of 30 September 2020, the Company has total financial assets and insurance related assets amounting to SR 8,995 million and SR 3,320 million, (2019: SR 7,571 million and SR 2,610 milion) respectively. Financial assets mainly represent investments held to maturity which consist of cash and cash equivalents, term deposits and designated sukuk amounting to SR 3,724 million (2019: SR 5,511 million), Investments held at fair value through statement of income as at 30 September 2020 amounting to SR 3,170 million (2019: SR 270 million) and investments held as available for sale investments amounting to SR 2,100 million (2019: SR 1,440 million). The Company is yet to fully assess changes from the application and implementation of IFRS 9, however at this stage, the Company does not expect the classification and measurement of financial assets to be impacted by IFRS 9 implementation.
Disclosure of critical accounting judgements, estimates and assumptions, general [text block]	The preparation of interim condensed financial statements requires management to make judgments, estimates and assumptions that affect the application of accounting policies and the reported amounts of assets and liabilities, income and expenses and the accompanying notes disclosures including disclosure of contingent liabilities. Actual results may differ from these estimates.In preparing these interim condensed financial statements, the significant judgments made by management in applying the Company’s accounting policies, and the key sources of estimating uncertainty including the risk management policies, were the same as those that applied to the annual financial statements as at and for the year ended 31 December 2019. However, the Company has reviewed the key sources of estimating uncertainties disclosed in the last annual financial statements against the backdrop of the COVID-19 pandemic. For further details please see note 21 to these interim condensed financial statements. Management will continue to assess the situation, and reflect any required changes in future reporting periods.
Disclosure of going concern [text block]	The interim condensed financial statements are prepared under the going concern basis and the historical cost convention, except for the measurement of investments at their fair value through statement of income (FVSI) and available-for-sale investments and liabilities for cash-settled-share based payments and defined benefit obligations [Employees’ end of service benefits (“EOSBs”)] recorded at the present value. The Company’s interim statement of financial position is presented in order of liquidity. Except for available-for-sale investments, fixtures, furniture and Right-of-use assets, intangible assets, goodwill, statutory deposit, accrued income on statutory deposit, provision for end-of-service benefits and accrued income payable to SAMA, all other assets and liabilities are of short-term nature, unless, stated otherwise.
Disclosure of other general disclosures about reporting entity [text block]	During 2018, after obtaining the approval from SAMA, the Company entered into a Third Party Administration agreement, (TPA) with a customer under which the Company facilitates healthcare services to the employees of this customer with specific terms and conditions. The services are remunerated against administration fees. The agreement is effective from 13 Jumada Al-Thani 1439 (corresponding to 1 March 2018). In order to fulfil the commitment relating to this agreement, the Company has received funds in advance from the customer to settle anticipated claims from medical service providers. As the Company acts as an agent, the relevant bank balance and outstanding claims at the balance sheet date are offset in the interim statement of financial position. The assets and liabilities held in fiduciary capacity amounted to SR 179.3 million as of 30 September 2020 (31 December 2019: SR 272.9 million).
Disclosure of summary of significant accounting policies [abstract]
Disclosure of summary of significant accounting policies, general comment [text block]	The accounting policies, estimates and assumptions used in the preparation of these interim condensed financial statements are consistent with those used in the preparation of the annual financial statements for the year ended 31 December 2019, except as mentioned below:
Description of accounting policy for seasonality of operations [text block]	Due to the seasonality of operations, operating profits are expected to fluctuate from one period to another.
Disclosure of notes forming part of accounts [abstract]
Disclosure of investments [text block]	Investments are classified as follows: 30 September 2020 (Unaudited) 31 December 2019 (Audited) Insurance operations Shareholders’ operations Total Insurance operations Shareholders’ operations Total SAR’000 Held as FVSI 2,182,649 986,269 3,168,918 161,548 107,968 269,516Available-for-sale 629,434 1,471,089 2,100,523 564,003 876,063 1,440,066Held to maturity -- 131,250 131,250 -- 131,250 131,250 2,812,083 2,588,608 5,400,691 725,551 1,115,281 1,840,832(i) Investments held as FVSI consist of the following: 30 September 2020 (Unaudited) Insurance operations Shareholders’ operations Domestic International Domestic International Total SR’000 Sukuks 18,025 -- 55,079 -- 73,104 Funds 2,157,005 7,619 908,334 22,856 3,095,814 2,175,030 7,619 963,413 22,856 3,168,918 31 December 2019 (Audited) Insurance operations Shareholders’ operations Domestic International Domestic International Total SR’000 Sukuks 25,025 -- 78,078 -- 103,103Funds 136,523 -- 29,890 -- 166,413 161,548 -- 107,968 -- 269,516(ii) Available-for-sale investments consist of the following: 30 September 2020 (Unaudited) Insurance operations Shareholders’ operations Domestic International Domestic International Total SR’000 Sukuks 355,090 237,324 889,608 144,089 1,626,111 Funds -- 37,020 115,429 5,079 157,528 Equities -- -- 203,783 5,625 209,408 Investments in discretionary portfolios -- -- 107,476 -- 107,476 355,090 274,344 1,316,296 154,793 2,100,523 31 December 2019 (Audited) Insurance operations Shareholders’ operations Domestic International Domestic International Total SR’000 Sukuks 238,899 287,287 461,248 180,545 1,167,979Funds -- 37,817 112,314 7,782 157,913Investments in discretionary portfolios -- -- 114,174 -- 114,174 238,899 325,104 687,736 188,327 1,440,066(iii) Held to maturity investments consist of the following: 30 September 2020 (Unaudited) Insurance operations Shareholders’ operations Domestic International Domestic International Total SR’000 Sukuks -- -- 131,250 -- 131,250 -- -- 131,250 -- 131,250 31 December 2019 (Audited) Insurance operations Shareholders’ operations Domestic International Domestic International Total SR’000 Sukuks -- -- 131,250 -- 131,250 -- -- 131,250 -- 131,250The movements in the investments balance are as follows: 30 September 2020 (Unaudited) Insurance operations Shareholders’ operations Total SAR‘000 Balance at the beginning of the period 725,551 1,115,281 1,840,832 Purchased during the period 5,832,879 2,698,729 8,531,608 Disposed during the period (3,752,664) (1,339,006) (5,091,670)Unrealized gain during the period, net 6,317 113,604 119,921 2,812,083 2,588,608 5,400,691 31 December 2019 (Audited) Insurance operations Shareholders’ operations Total SAR‘000 Balance at the beginning of the year 810,175 811,316 1,621,491Purchased during the year 2,037,449 1,664,712 3,702,161Disposed during the year (2,154,358) (1,402,277) (3,556,635)Unrealized gain during the year, net 32,285 41,530 73,815 725,551 1,115,281 1,840,832
Disclosure of investments held-to-maturity [text block]	Term deposits are held with reputable commercial banks and financial institutions. These deposits are predominately in Murabaha structure with a small allocation in Mudaraba structure. They are mostly denominated in Saudi Arabian Riyals and have an original maturity ranging from more than three months to more than one year and yield financial income at rates ranging from 2% to 4.3% per annum (2019: 2.15% to 4.3% per annum). The movement in term deposits during the period ended 30 September 2020 is as follows: 30 September 2020 (Unaudited) Insurance operations Shareholders’ operations Total SAR‘000 Balance at the beginning of the period 3,347,965 1,716,011 5,063,976 Matured during the period (1,654,054) (840,893) (2,494,947)Placed during the period 369,350 300,000 669,350 2,063,261 1,175,118 3,238,379 31 December 2019 (Audited) Insurance operations Shareholders’ operations Total SAR‘000 Balance at the beginning of the year 3,033,743 1,681,538 4,715,281Matured during the year (2,162,343) (1,126,451) (3,288,794)Placed during the year 2,476,565 1,160,924 3,637,489 3,347,965 1,716,011 5,063,976
Disclosure of premiums/ contributions and insurance/ reinsurance or takaful/ retakaful balance receivables [text block]	Receivable amounts are due from the following: 30 September 2020(Unaudited) 31 December 2019(Audited) SAR’000 SAR’000 Policyholders 1,994,436 1,287,810Brokers 726,254 598,754Related parties (note 14) 10,371 -- 2,731,061 1,886,564Provision for doubtful receivables (240,520) (197,187)Premiums receivable – net 2,490,541 1,689,377
Disclosure of cash and cash equivalents [text block]	Cash and cash equivalents consists of the following: 30 September 2020 (Unaudited) Insurance operations Shareholders’ operations Total SAR‘000 Bank balances 254,329 102,239 356,568 254,329 102,239 356,568 31 December 2019 (Audited) Insurance operations Shareholders’ operations Total SAR‘000Bank balances 230,946 118,767 349,713Term deposits 215,996 100,000 315,996 446,942 218,767 665,709The amount payable to/receivable from shareholders’ operations is settled by transfer of cash at each reporting date. During the Nine-month period ended 30 September 2020, the insurance operations transferred cash of SR 334.6 million to the shareholders’ operations (31 December 2019: SR 99 million).
Disclosure of statutory deposit [text block]	As required by SAMA Insurance Regulations, the Company deposited an amount equivalent to 10% of its paid-up share capital, amounting to SR 120 million, in a bank designated by SAMA. Accrued income on this deposit is payable to SAMA and this deposit cannot be withdrawn without approval from SAMA.
Disclosure of zakat [text block]	Breakup of zakat and income tax charge for the Nine-month period ended 30 September 2020 and 2019 are as follows: Nine-month period ended 30 September 2020 (Unaudited) Nine-month period ended 30 September2019 (Unaudited) SAR’000 SAR’000 Current zakat charge 53,538 37,458 Current tax charge 62,530 53,431Deferred tax income (note 15.a) (4,545) (8,430) 57,985 45,001 111,523 82,459a) The reconciliation of deferred tax is as follows: 30 September 2020 31 December 2019 30 September 2019 SAR’000 SAR’000 SAR’000 Opening deferred tax asset 30,216 25,552 25,552Deferred tax (charge) / income 4,545 4,664 8,430 34,761 30,216 33,982Movements in the Zakat and income tax accrued during the period ended 30 September 2020 and year ended 31 December 2019 respectively are as follows: Zakat payable Income taxpayable Total 30 September 2020 (Unaudited) Total31 December2019 (Audited) SAR’000 SAR’000 SAR’000 SAR’000 Balance at beginning of the period/year 232,444 42,265 274,709 199,784Provided during the period/year 53,538 62,530 116,068 123,520Payments during the period/year (11,294) (66,655) (77,949) (48,595)Balance at end of the period/year 274,688 38,140 312,828 274,709Status of assessments The Company has filed its zakat and income tax returns for the financial years up to and including the year 2019 with the General Authority of Zakat and Tax (the “GAZT”). The Company has received assessments for the fiscal periods 2008 through 2018 of additional zakat, corporate income tax and withholding tax in addition to delay fines on various assessed items. The additional assessed amounts have mainly arisen due to the disallowance of investments and statutory deposits from the zakat base as well as not taking into consideration some taxes and zakat obligation which have been already settled upon the submission of the annual declarations. The Company has filed appeals against all assessments raised with the GAZT and General Secretariat of Tax Committees (the “GSTC”). for years 2008 through 2016 and the year 2018.The Company recently received the GAZT’s assessments for additional zakat, corporate income tax and withholding tax for the year 2017 and is in the process of filing an appeal with GAZT.For the years 2011 and 2012, the Company has received Preliminary Objection Committee’s decisions in favour of the GAZT for the additional zakat liability of SR 17 million and has filed an appeal with the Higher Appeal Committee. Following the recent change in Law, the cases were transferred to the GSTC. A hearing is yet to be assigned to review the Company's case.
Disclosure of classes of share capital [text block]	The authorised, issued and paid-up capital of the Company was SAR 1,200 million at 30 September 2020 (31 December 2019: SAR 1,200 million) consisting of 120 million shares (31 December 2019: 120 million shares) of SAR 10 each. Shareholding structure of the Company is as below: 30 September 2020 (Unaudited) 31 December 2019(Audited) Holding percentage SR‘000 Holding percentage SR‘000 Major shareholders 52.3% 628,066 52.3% 628,066General Public 47.7% 571,934 47.7% 571,934 100.0% 1,200,000 100.0% 1,200,000
Disclosure of statutory reserve [text block]	As required by the Saudi Arabian Insurance Regulations, 20% of the shareholders’ income shall be set aside as a statutory reserve until this reserve amounts to 100% of the paid-up share capital. The Company carry out this transfer on an annual basis at 31 December. As at 30 September 2020, SR 727.9 million (31 December 2019: SR 727.9 million) had been set aside as a statutory reserve, representing 61% (31 December 2019: 61%) of the paid-up share capital.
Disclosure of technical reserve for insurance/takaful/reinsurance/retakaful operations [text block]	9.1 Movement in unearned premiumsMovements in unearned premiums are as follows: Nine-month period ended 30 September 2020 (Unaudited) Gross Reinsurance Net SAR‘000 Balance at 1 January 2020 4,376,219 (20,625) 4,355,594Premium written/(ceded) during the period 8,789,371 (36,733) 8,752,638Premium earned during the period (8,113,037) 44,286 (8,068,751) 5,052,553 (13,072) 5,039,481 Year ended 31 December 2019 (Audited) Gross Reinsurance Net SAR‘000 Balance at 1 January 2019 3,428,131 (6,320) 3,421,811Premium written/(ceded) during the year 10,410,868 (105,794) 10,305,074Premium earned during the year (9,462,780) 91,489 (9,371,291) 4,376,219 (20,625) 4,355,5949.2 Net outstanding claims and reservesNet outstanding claims and other technical reserves consist of the following: 30 September 2020(Unaudited) 31 December 2019(Audited) SAR’000 SAR’000 Outstanding claims 405,853 451,788Claims incurred but not reported 1,300,473 1,157,428Premium deficiency Reserve 291,155 --Claims handling reserves 19,073 18,492 2,016,554 1,627,708Less: - Reinsurers’ share of outstanding claims (1,460) (1,218)- Reinsurers’ share of claims incurred but not reported (6,673) (3,972) (8,133) (5,190)Net outstanding claims and reserves 2,008,421 1,622,518
Disclosure of earnings per share [text block]	The basic earnings per share have been calculated by dividing net income for the period by the weighted average number of ordinary shares issued and outstanding at the period end. Diluted earnings per share are not applicable to the Company.
Disclosure of related party transactions [text block]	Related parties represent major shareholders, directors and key management personnel of the Company, and companies of which they are principal owners and any other entities controlled, jointly controlled or significantly influenced by them. Pricing policies and terms of these transactions are approved by the Company’s management and Board of Directors. The following are the details of the major related party transactions during the period and their related balances:Related party Nature of transaction Amount of transactions for the period ended Receivable/(payable) balance as at 30 September 2020(Unaudited)SR’000 30 September 2019(Unaudited)SR’000 30 September 2020(Unaudited)SR’000 31 December 2019(Audited)SR’000Shareholders Insurance premium written 381,021 258,033 10,371 (285)Shareholders Reinsurance Premium ceded (23,112) 19,436 (64,040)* (55,319)Shareholders Claims paid 153,555 88,923 (15,704) (14,010)Shareholders Medical costs charged by providers 86,563 52,116 (9,443) (9,824)Shareholders Expenses charged to/from a related party - net 579 338 972 779Shareholders Tax equalisation - net (1,873) 6,131 (1,873) --Shareholders Board members fees 703 575 (703)* (700)Bupa Middle East Holdings Two W.L.L. (Related party) Trade mark fee 20,209 17,242 (20,209) (23,608)* * Amounts due to related parties amounted to SR 85,853 thousand (2019: SR 78,848 thousand). Amounts included in premium receivables (note 5).* Amounts are included in the outstanding claims.The remuneration of the key management personnel during the period ended 30 September is as follows: 30 September 2020 (Unaudited) 30 September 2019 (Unaudited) SAR’000 SAR’000 Short-term benefits 18,400 18,614Long-term benefits 7,685 10,068 26,085 28,682 Short-term benefits include salaries, allowances, annual bonuses and incentives whilst long-term benefits include employees’ end of service benefits and the Long Term Incentive Plan (“LTIP”).
Disclosure of entity's operating segments [text block]	The Company only issues short-term insurance contracts for providing health care services (‘medical insurance’). All the insurance operations of the Company are carried out in the Kingdom of Saudi Arabia. For management reporting purposes, the operations are monitored in two customer categories, based on the number of members covered. Major customers represent members of large corporations, and all others are considered as non-major. Operating segments are reported in a manner consistent with internal reporting provided to the Chief Executive Team, who is responsible for allocating resources and assessing the performance of operating segments in line with the strategic decisions.Operating segments do not include shareholders’ operations of the Company.Segment results do not include investment and commission income, other income, selling and marketing expenses and general and administration expenses.Segment assets do not include cash and cash equivalents, term deposits, investments, and prepayments and other assets. Segment liabilities do not include reinsurance balance payable, accrued expenses and other liabilities, due to shareholders’ operations, share based payment and policyholders’ share of surplus from insurance operations.Consistent with the Company’s internal reporting, operating segments have been approved by the management in respect of the Company’s activities, assets and liabilities as stated below: At 30 September 2020 (Unaudited) Insurance operations Operating segments Major customers Non-Major customers Total Insurance operations Shareholders’ operations Total SAR’000 SAR’000 SAR’000Assets Premiums receivable – net 1,463,122 1,027,419 2,490,541 -- 2,490,541Reinsurers’ share of unearned premiums 8,511 4,561 13,072 -- 13,072Reinsurers’ share of outstanding claims 570 890 1,460 -- 1,460Reinsurers’ share of claims incurred but not reported 2,239 4,434 6,673 -- 6,673Unallocated assets 5,364,997 4,444,368 9,809,365Total assets 7,876,743 4,444,368 12,321,111 LiabilitiesUnearned premiums 3,289,415 1,763,138 5,052,553 -- 5,052,553Outstanding claims 289,010 116,843 405,853 -- 405,853Claims incurred but not reported 925,121 375,352 1,300,473 -- 1,300,473Premium deficiency Reserve 207,171 83,984 291,155 -- 291,155Claims handling reserve 13,575 5,498 19,073 -- 19,073Unallocated liabilities 788,539 662,071 1,450,610Total liabilities 7,857,646 662,071 8,519,717 At 31 December 2019 (Audited) Insurance operations Operating segments Major customers Non-Major customers Total Insurance operations Shareholders’ operations Total SR’000 SR’000 SR’000ASSETS Premiums receivable – net 992,461 696,916 1,689,377 -- 1,689,377Reinsurers’ share of unearned premiums 10,819 9,806 20,625 -- 20,625Reinsurers’ share of outstanding claims 526 692 1,218 -- 1,218Reinsurers’ share of claims incurred but not reported 1,213 2,759 3,972 -- 3,972Deferred policy acquisition costs 81,753 52,269 134,022 -- 134,022Unallocated assets 4,742,882 3,589,000 8,331,882Total assets 6,592,096 3,589,000 10,181,096 LIABILITIES Unearned premiums 2,717,387 1,658,832 4,376,219 -- 4,376,219Outstanding claims 327,541 124,247 451,788 -- 451,788Claims incurred but not reported 845,862 311,566 1,157,428 -- 1,157,428Claims handling reserve 13,460 5,032 18,492 -- 18,492Unallocated liabilities 575,665 556,607 1,132,272Total liabilities 6,579,592 556,607 7,136,199 Three-month period ended 30 September 2020(Unaudited) Operating segments Major customers Non-Major customers Total SAR’000 REVENUES Gross written premium 2,388,634 687,541 3,076,175 Reinsurance premiums ceded – Local (836) (299) (1,135)Reinsurance premiums ceded – International (5,805) (1,611) (7,416)Net premiums written 2,381,993 685,631 3,067,624 Changes in unearned premiums – net (552,145) 184,369 (367,776)Net premiums earned 1,829,848 870,000 2,699,848 UNDERWRITING COSTS AND EXPENSES Gross claims paid (1,401,097) (583,680) (1,984,777)Reinsurers’ share of claims paid 1,884 784 2,668 Net claims paid (1,399,213) (582,896) (1,982,109)Changes in outstanding claims (115,778) (45,343) (161,121)Changes in claims incurred but not reported (21,079) (12,152) (33,231)Changes in Premium deficiency Reserve (4,571) (931) (5,502)Changes in claims handling reserves (123) (20) (143)Reinsurance share of changes in outstanding claims 196 332 528 Reinsurance share of changes in claims incurred but not reported 52 1,244 1,296 Net claims incurred (1,540,516) (639,766) (2,180,282)Policy acquisition costs (79,010) (52,674) (131,684)TOTAL UNDERWRITING COSTS AND EXPENSES (1,619,526) (692,440) (2,311,966) NET UNDERWRITING INCOME 210,322 177,560 387,882 OTHER OPERATING (EXPENSES)/ INCOME Allowance for doubtful receivables (41,955)Unallocated income 63,403Unallocated expenses (223,938)TOTAL OTHER OPERATING (EXPENSES)/INCOME (202,490) Income before Surplus, Zakat & Income Tax 185,392 Income attributed to insurance operations (transfer to surplus payable) (15,324)Income attributed to the shareholders before zakat and income tax 170,068 Zakat charge (18,073)Income tax charge (12,377)NET INCOME ATTRIBUTABLE TO THE SHAREHOLDERS AFTER ZAKAT AND INCOME TAX 139,618 Gross Written Premium details Three-month period ended 30 September 2020SAR’000 Corporates 2,567,320Medium Enterprises 342,281Small Enterprises 149,610Micro Enterprises 13,645Individuals 3,319Total Gross Written Premium 3,076,175 Three-month period ended 30 September 2019(Unaudited) Operating segments Major customers Non-Major customers Total SAR’000 REVENUES Gross written premium 2,395,160 681,283 3,076,443 Reinsurance premiums ceded – Local (2,513) (170) (2,683)Reinsurance premiums ceded – International (16,534) (1,114) (17,648)Net premiums written 2,376,113 679,999 3,056,112 Changes in unearned premiums – net (827,168) 132,294 (694,874)Net premiums earned 1,548,945 812,293 2,361,238 UNDERWRITING COSTS AND EXPENSES Gross claims paid (1,210,381) (610,060) (1,820,441)Reinsurers’ share of claims paid 8,276 4,173 12,449 Net claims paid (1,202,105) (605,887) (1,807,992)Changes in outstanding claims 47,381 55,912 103,293 Changes in claims incurred but not reported (125,425) (30,814) (156,239)Changes in claims handling reserves (520) 645 125 Reinsurance share of changes in outstanding claims (20) 443 423 Reinsurance share of changes in claims incurred but not reported (1,232) 1,147 (85)Net claims incurred (1,281,921) (578,554) (1,860,475)Policy acquisition costs (32,628) (21,752) (54,380)TOTAL UNDERWRITING COSTS AND EXPENSES (1,314,549) (600,306) (1,914,855) NET UNDERWRITING INCOME 234,396 211,987 446,383 OTHER OPERATING (EXPENSES)/ INCOME Allowance for doubtful receivables (17,429)Unallocated income 64,597 Unallocated expenses (207,573)TOTAL OTHER OPERATING (EXPENSES)/INCOME (160,405) Income before Surplus, Zakat & Income Tax 285,978 Income attributed to insurance operations (transfer to surplus payable) (25,574)Income attributed to the shareholders before zakat and income tax 260,404 Zakat charge (13,307)Income tax charge (20,514)NET INCOME ATTRIBUTABLE TO THE SHAREHOLDERS AFTER ZAKAT AND INCOME TAX 226,583 Gross Written Premium details Three-month period ended 30 September 2019SAR’000Corporates 2,580,080 Medium Enterprises 340,721 Small Enterprises 142,101 Micro Enterprises 11,859 Individuals 1,682 Total Gross Written Premium 3,076,443 Nine-month period ended 30 September 2020(Unaudited) Operating segments Major customers Non-Major customers Total SAR’000 REVENUES Gross written premium 6,061,797 2,727,574 8,789,371Reinsurance premiums ceded – Local (2,298) (1,107) (3,405)Reinsurance premiums ceded – International (22,489) (10,839) (33,328)Net premiums written 6,037,010 2,715,628 8,752,638Changes in unearned premiums – net (574,336) (109,551) (683,887)Net premiums earned 5,462,674 2,606,077 8,068,751 UNDERWRITING COSTS AND EXPENSES Gross claims paid (4,220,249) (1,700,396) (5,920,645)Reinsurers’ share of claims paid 5,707 2,296 8,003Net claims paid (4,214,542) (1,698,100) (5,912,642)Changes in outstanding claims 38,531 7,404 45,935Changes in claims incurred but not reported (79,259) (63,786) (143,045)Changes in Premium deficiency Reserve (207,171) (83,984) (291,155)Changes in claims handling reserves (115) (466) (581)Reinsurance share of changes in outstanding claims 44 198 242Reinsurance share of changes in claims incurred but not reported 1,026 1,675 2,701Net claims incurred (4,461,486) (1,837,059) (6,298,545)Policy acquisition costs (253,033) (168,689) (421,722)TOTAL UNDERWRITING COSTS AND EXPENSES (4,714,519) (2,005,748) (6,720,267) NET UNDERWRITING INCOME 748,155 600,329 1,348,484 OTHER OPERATING (EXPENSES)/ INCOME Allowance for doubtful receivables (46,433)Unallocated income 188,508Unallocated expenses (679,600)TOTAL OTHER OPERATING (EXPENSES)/INCOME (537,525) Income before Surplus, Zakat & Income Tax 810,959Income attributed to insurance operations (transfer to surplus payable) (72,177)Income attributed to the shareholders before zakat and income tax 738,782Zakat charge (53,538)Income tax charge (57,985)NET INCOME ATTRIBUTABLE TO THE SHAREHOLDERS AFTER ZAKAT AND INCOME TAX 627,259 Gross Written Premium details Nine-month period ended 30 September 2020SAR’000 Corporates 6,802,682Medium Enterprises 1,413,640Small Enterprises 517,785Micro Enterprises 44,311Individuals 10,953Total Gross Written Premium 8,789,371 Nine-month period ended 30 September 2019(Unaudited) Operating segments Major customers Non-Major customers Total SAR’000 REVENUES Gross written premium 5,650,104 2,770,588 8,420,692 Reinsurance premiums ceded – Local (6,020) (1,753) (7,773)Reinsurance premiums ceded – International (49,319) (14,356) (63,675)Net premiums written 5,594,765 2,754,479 8,349,244Changes in unearned premiums – net (1,139,934) (365,991) (1,505,925)Net premiums earned 4,454,831 2,388,488 6,843,319 UNDERWRITING COSTS AND EXPENSES Gross claims paid (3,774,138) (1,829,595) (5,603,733)Reinsurers’ share of claims paid 25,150 12,196 37,346 Net claims paid (3,748,988) (1,817,399) (5,566,387)Changes in outstanding claims 26,582 44,212 70,794 Changes in claims incurred but not reported (63,462) 4,040 (59,422)Changes in claims handling reserves 40 960 1,000 Reinsurance share of changes in outstanding claims 94 453 547 Reinsurance share of changes in claims incurred but not reported (1,195) 1,151 (44)Net claims incurred (3,786,929) (1,766,583) (5,553,512)Policy acquisition costs (99,442) (66,295) (165,737)TOTAL UNDERWRITING COSTS AND EXPENSES (3,886,371) (1,832,878) (5,719,249) NET UNDERWRITING INCOME 568,460 555,610 1,124,070 OTHER OPERATING (EXPENSES)/ INCOME Allowance for doubtful receivables (90,480)Unallocated income 194,140 Unallocated expenses (603,782) TOTAL OTHER OPERATING (EXPENSES)/INCOME (500,122) Income before Surplus, Zakat & Income Tax 623,948Income attributed to insurance operations (transfer to surplus payable) (53,347)Income attributed to the shareholders before zakat and income tax 570,601 Zakat charge (37,458)Income tax charge (45,001)NET INCOME ATTRIBUTED TO THE SHAREHOLDERS AFTER ZAKAT AND INCOME TAX 488,142 Gross Written Premium details Nine-month period ended 30 September 2019SAR’000Corporates 6,406,586 Medium Enterprises 1,440,768 Small Enterprises 522,888 Micro Enterprises 42,035 Individuals 8,415 Total Gross Written Premium 8,420,692
Disclosure of capital management [text block]	Objectives are set by the Board of Directors of the Company to maintain healthy capital ratios to support its business objectives and maximise shareholders’ value. The Company manages its capital requirements by assessing shortfalls between reported and required capital levels on a regular basis. Adjustments to current capital levels are made in light of changes in market conditions and the risk characteristics of the Company’s activities. To maintain or adjust the capital structure, the Company may adjust the amount of dividends paid to shareholders or issue shares. In the opinion of the Board of Directors, the Company has fully complied with the regulatory capital requirements during the reported financial period.
Disclosure of commitments and contingencies, general [text block]	a) The Company’s commitments and contingencies are as follows: 30 September 2020(Unaudited) 31 December 2019(Audited) SAR’000 SAR’000 Letters of guarantee 22,251 34,818Total 22,251 34,818i) As of 30 September 2020, total Letters of Guarantee issued by banks on behalf of the Company amounted to SR 125.5 million (2019: 134.8 million), of which SR 22.3 million (31 December 2019: SR 34.8 million) is restricted deposits with banks and has been recorded under prepayments and other assets.ii) The Company is subject to legal proceedings in the ordinary course of business. There was no material change in the status of legal proceedings from 31 December 2019.
Disclosure of fair value of financial assets and liabilities [text block]	Fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. The fair value measurement is based on the presumption that the transaction takes place either:- in the accessible principal market for the asset or liability, or- in the absence of a principal market, in the most advantageous accessible market for the asset or liability.a) Determination of fair value and fair value hierarchy"The Company uses the following hierarchy for determining and disclosing the fair value of financial instruments:Level 1: quoted prices in active markets for the same or identical instrument that an entity can access at the measurement date;Level 2: quoted prices in active markets for similar assets and liabilities or other valuation techniques for which all significant inputs are based on observable market data; andLevel 3: valuation techniques for which any significant input is not based on observable market data. b) Carrying amounts and fair valueThe following table shows the carrying amount and fair value of financial assets and financial liabilities, including their levels in the fair value hierarchy for financial instruments measured at fair value. It does not include fair value information for financial assets and financial liabilities not measured at fair value if the carrying amount is a reasonable approximation to fair value. Fair value Level 1 Level 2 Level 3 Total Carrying value SAR’000 SAR’000 SAR’00030 September 2020 (Unaudited) Financial assets measured at fair value - Investments held as FVSI -- 3,168,918 -- 3,168,918 3,168,918 - Available-for-sale investments 1,303,848 791,050 5,625 2,100,523 2,100,523 1,303,848 3,959,968 5,625 5,269,441 5,269,441 Fair value Level 1 Level 2 Level 3 Total Carrying value SAR’000 SAR’000 SAR’00031 December 2019 (Audited) Financial assets measured at fair value - Investments held as FVSI 990 268,526 -- 269,516 269,516- Available-for-sale investments 883,099 556,967 -- 1,440,066 1,440,066 884,089 825,493 -- 1,709,582 1,709,582c) Measurement of fair valueValuation technique and significant unobservable inputsThe following table shows the valuation techniques used in measuring Level 2 fair value at 30 September 2020 and 31 December 2019, as well as the significant unobservable inputs used. Type Valuation technique Significant unobservable inputs Inter-relationship between significant unobservable inputs and fair value measurement Floating rate sukuks and mutual funds Valuations are based on quotations as received by the custodians at the end of each period and on published net asset value (NAV) closing prices. Not applicable Not applicable
Disclosure of board of director's approval of the financial statements [text block]	The interim condensed financial statements have been approved by the Board of Directors, on 10 Rabbi Awal 1442H corresponding to 27 October 2020.
Disclosure of other notes relevant to understanding of financial statements [text block]	Interim financial position 30 September 2020 (Unaudited) 31 December 2019 (Audited) Insurance operations Shareholders’ operations Total Insurance operations Shareholders’ operations Total SAR‘000 SAR‘000 SAR‘000 SAR‘000 SAR‘000 SAR‘000ASSETS Cash and cash equivalents 254,329 102,239 356,568 446,942 218,767 665,709 Premiums receivables – net 2,490,541 -- 2,490,541 1,689,377 -- 1,689,377Reinsurers’ share of unearned premiums 13,072 -- 13,072 20,625 -- 20,625Reinsurers’ share of outstanding claims 1,460 -- 1,460 1,218 -- 1,218Reinsurers’ share of claims Incurred but not reported 6,673 -- 6,673 3,972 -- 3,972Deferred policy acquisition costs -- -- -- 134,022 -- 134,022Investments 2,812,083 2,588,608 5,400,691 725,551 1,115,281 1,840,832Prepaid expenses and other assets 235,324 47,170 282,494 222,424 54,219 276,643 Term deposits 2,063,261 1,175,118 3,238,379 3,347,965 1,716,011 5,063,976 Fixtures, Furniture and Right-of-use assets – net -- 208,681 208,681 -- 169,441 169,441 Intangible assets – net -- 56,721 56,721 -- 56,245 56,245Deferred tax asset -- 34,761 34,761 -- 30,216 30,216Goodwill -- 98,000 98,000 -- 98,000 98,000 Statutory deposit -- 120,000 120,000 -- 120,000 120,000 Accrued income on statutory deposit -- 13,070 13,070 -- 10,820 10,820 TOTAL ASSETS 7,876,743 4,444,368 12,321,111 6,592,096 3,589,000 10,181,096 30 September 2020 (Unaudited) 31 December 2019 (Audited) Insurance operations Shareholders’ operations Total Insurance operations Shareholders’ operations Total SAR‘000 SAR‘000 SAR‘000 SAR‘000 SAR‘000 SAR‘000LIABILITIES Accrued and other liabilities 495,877 142,041 637,918 352,798 95,889 448,687Insurance operations’ surplus payable 224,603 -- 224,603 168,454 -- 168,454Reinsurers’ balances payable 68,059 -- 68,059 54,413 -- 54,413Unearned premiums 5,052,553 -- 5,052,553 4,376,219 -- 4,376,219Outstanding claims 405,853 -- 405,853 451,788 -- 451,788Claims incurred but not reported 1,300,473 -- 1,300,473 1,157,428 -- 1,157,428Premium deficiency Reserve 291,155 -- 291,155 -- -- --Claims handling reserve 19,073 -- 19,073 18,492 -- 18,492Due to related parties -- 85,853 85,853 -- 78,848 78,848Provision for employees’ end-of-service benefits (“EOSBs") -- 108,279 108,279 -- 96,341 96,341Provision for zakat and income tax -- 312,828 312,828 -- 274,709 274,709Accrued income payable to SAMA -- 13,070 13,070 -- 10,820 10,820TOTAL LIABILITIES 7,857,646 662,071 8,519,717 6,579,592 556,607 7,136,199 EQUITY Share capital -- 1,200,000 1,200,000 -- 1,200,000 1,200,000Statutory reserve -- 727,871 727,871 -- 727,871 727,871Share based payments reserve -- 28,015 28,015 -- 25,525 25,525Shares held under employees share scheme -- (48,779) (48,779) -- (57,538) (57,538)Retained earnings -- 1,754,359 1,754,359 -- 1,128,973 1,128,973Re-measurement reserve for employees’ EOSBs -- (10,473) (10,473) -- (10,473) (10,473)Investments fair value reserve 19,097 131,304 150,401 12,504 18,035 30,539TOTAL EQUITY 19,097 3,782,297 3,801,394 12,504 3,032,393 3,044,897TOTAL LIABILITIES AND EQUITY 7,876,743 4,444,368 12,321,111 6,592,096 3,589,000 10,181,096 Interim statement of income Three-month period ended 30 September (Unaudited) Nine-month period ended 30 September (Unaudited) 2020 2019 2020 2019 Insurance operations Share-holders’ operations Total Insurance operations Share-holders’ operations Total Insurance operations Share-holders’ operations Total Insurance operations Share-holders’ operations Total SAR‘000 SAR‘000 SAR‘000 SAR‘000 SAR‘000 SAR‘000 SAR‘000 SAR‘000 SAR‘000 SAR‘000 SAR‘000 SAR‘000REVENUES Gross premiums written 3,076,175 -- 3,076,175 -3,076,443 -- 3,076,443 8,789,371 -- 8,789,371 8,420,692 -- 8,420,692 Reinsurance premiums ceded - Local (1,135) -- (1,135) (2,683) -- (2,683) (3,405) -- (3,405) (7,773) -- (7,773)Reinsurance premiums ceded – International (7,416) -- (7,416) (17,648) -- (17,648) (33,328) -- (33,328) (63,675) -- (63,675)Net premiums written 3,067,624 -- 3,067,624 3,056,112 -- 3,056,112 8,752,638 -- 8,752,638 8,349,244 -- 8,349,244 Changes in unearned premiums, net (367,776) -- (367,776) (694,874) -- (694,874) (683,887) -- (683,887) (1,505,925) -- (1,505,925)Net premiums earned 2,699,848 -- 2,699,848 2,361,238 -- 2,361,238 8,068,751 -- 8,068,751 6,843,319 -- 6,843,319 UNDERWRITING COSTS AND EXPENSES Gross claims paid (1,984,777) -- (1,984,777) (1,820,441) -- (1,820,441) (5,920,645) -- (5,920,645) (5,603,733) -- (5,603,733)Reinsurers’ share of claims paid 2,668 -- 2,668 12,449 -- 12,449 8,003 -- 8,003 37,346 -- 37,346 Net claims paid (1,982,109) -- (1,982,109) (1,807,992) -- (1,807,992) (5,912,642) -- (5,912,642) (5,566,387) -- (5,566,387)Changes in outstanding claims (161,121) -- (161,121) 103,293 -- 103,293 45,935 -- 45,935 70,794 -- 70,794Changes in claims incurred but not reported (33,231) -- (33,231) (156,239) -- (156,239) (143,045) -- (143,045) (59,422) -- (59,422)Changes in Premium deficiency Reserve (5,502) -- (5,502) 125 -- 125 (291,155) -- (291,155) 1,000 -- 1,000Changes in claims handling reserves (143) -- (143) -- -- -- (581) -- (581) -- -- --Reinsurance share of changes in outstanding claims 528 -- 528 423 -- 423 242 -- 242 547 -- 547Reinsurance share of changes in claims incurred but not reported 1,296 -- 1,296 (85) -- (85) 2,701 -- 2,701 (44) -- (44)Net claims incurred (2,180,282) -- (2,180,282) (1,860,475) -- (1,860,475) (6,298,545) -- (6,298,545) (5,553,512) -- (5,553,512)Policy acquisition costs (131,684) -- (131,684) (54,380) -- (54,380) (421,722) -- (421,722) (165,737) -- (165,737)TOTAL UNDERWRITING COSTS AND EXPENSES (2,311,966) -- (2,311,966) (1,914,855) -- (1,914,855) (6,720,267) -- (6,720,267) (5,719,249) -- (5,719,249)NET UNDERWRITING INCOME 387,882 -- 387,882 446,383 -- 446,383 1,348,484 -- 1,348,484 1,124,070 -- 1,124,070OTHER OPERATING (EXPENSES)/ INCOME Allowance for doubtful receivables (41,955) -- (41,955) (17,429) -- (17,429) (46,433) -- (46,433) (90,480) -- (90,480)General and administrative expenses (130,155) (2,230) (132,385) (115,989) (2,344) (118,333) (393,818) (8,269) (402,087) (332,550) (6,932) (339,482)Selling and marketing expenses (91,553) -- (91,553) (89,240) -- (89,240) (277,513) -- (277,513) (264,300) -- (264,300)Investment income – net 30,496 26,455 56,951 33,307 26,744 60,051 93,740 74,307 168,047 100,680 77,914 178,594 Other income – net (1,473) 7,925 6,452 (1,294) 5,840 4,546 (2,689) 23,150 20,461 (3,953) 19,499 15,546 TOTAL OTHER OPERATING (EXPENSES)/ INCOME (234,640) 32,150 (202,490) (190,645) 30,240 (160,405) (626,713) 89,188 (537,525) (590,603) 90,481 (500,122) Income before Surplus, Zakat & Income Tax 153,242 32,150 185,392 255,738 30,240 285,978 721,771 89,188 810,959 533,467 90,481 623,948 Transfer of surplus to shareholders (137,918) 137,918 -- (230,164) 230,164 -- (649,594) 649,594 -- (480,120) 480,120 -- NET RESULTS FROM OPERATIONS 15,324 170,068 185,392 25,574 260,404 285,978 72,177 738,782 810,959 53,347 570,601 623,948Zakat charge -- (18,073) (18,073) -- (13,307) (13,307) -- (53,538) (53,538) -- (37,458) (37,458)Income tax charge -- (12,377) (12,377) -- (20,514) (20,514) -- (57,985) (57,985) -- (45,001) (45,001)NET INCOME ATTRIBUTED TO THE SHAREHOLDERS AFTER ZAKAT AND INCOME TAX 15,324 139,618 154,942 25,574 226,583 252,157 72,177 627,259 699,436 53,347 488,142 541,489 Weighted average number of ordinary outstanding shares (in thousands) 119,446 119,594 119,413 119,595 Basic earnings per share (Expressed in SAR per share) 1.17 1.89 5.25 4.08 Interim statement of comprehensive income Three-month period ended 30 September (Unaudited) Nine-month period ended 30 September (Unaudited) 2020 2019 2020 2019 Insurance operations Share-holders’ operations Total Insurance operations Share-holders’ operations Total Insurance operations Share-holders’ operations Total Insurance operations Share-holders’ operations Total SAR‘000 SAR‘000 SAR‘000 SAR‘000 SAR‘000 SAR‘000 SAR‘000 SAR‘000 SAR‘000 SAR‘000 SAR‘000 SAR‘000Net income attributed to the shareholders after zakat and income tax 15,324 139,618 154,942 25,574 226,583 252,157 72,177 627,259 699,436 53,347 488,142 541,489 Other comprehensive (loss) /income Items that are or may be reclassified to interim condensed statement of income in subsequent periods - Net change in fair value of available-for-sale investments 5,103 62,391 67,494 4,781 3,633 8,414 6,593 113,269 119,862 22,400 28,599 50,999 TOTAL COMPREHENSIVE INCOME/(LOSS) 20,427 202,009 222,436 30,355 230,216 260,571 78,770 740,528 819,298 75,747 516,741 592,488 Reconciliation: Less: Net income attributable to insurance operations transferred to surplus payable (15,324) (25,574) (72,177) (53,347) TOTAL COMPREHENSIVE INCOME FOR THE PERIOD 207,112 234,997 747,121 539,141 Interim statement of cash flows Nine-month period ended 30 September (Unaudited) 2020 2019 Insurance operations Share-holders’ operations Total Insurance operations Share-holders’ operations Total SAR‘000 SAR‘000 SAR‘000 SAR‘000 SAR‘000 SAR‘000CASH FLOWS FROM OPERATING ACTIVITIES Net income attributed to the shareholders before zakat and income tax -- 738,782 738,782 -- 570,601 570,601Adjustments for non-cash items: Net income attributed to the insurance operations 72,177 -- 72,177 53,347 -- 53,347 Depreciation and amortization of Fixtures, Furniture and Right-of-use assets 23,448 -- 23,448 23,153 -- 23,153Amortization of intangible assets 11,851 11,851 13,109 -- 13,109Gain on disposal of Fixtures and Furniture -- -- - -- (1) (1)Provision for LTIP -- 11,249 11,249 -- 8,614 8,614 Allowance of doubtful receivables provision 46,433 -- 46,433 90,480 -- 90,480 Unrealized (gains) on investments held as FVSI 276 (336) (60) (7,509) (852) (8,361) Realized (gains) on investments (8,968) (630) (9,598) (5,375) (2,223) (7,598)Provision for employees EOSBs -- 15,756 15,756 -- 13,161 13,161 Finance cost -- 4,171 4,171 -- 4,006 4,006 145,217 768,992 914,209 167,205 593,306 760,511Changes in operating assets and liabilities: Premiums receivable (847,597) -- (847,597) (1,444,087) -- (1,444,087)Reinsurers’ share of unearned premiums 7,553 -- 7,553 (5,346) -- (5,346)Reinsurers’ share of outstanding claims (242) -- (242) (548) -- (548)Reinsurers’ share of claims incurred but not reported (2,701) -- (2,701) 44 -- 44Deferred policy acquisition costs 134,022 - 134,022 (22,006) -- (22,006)Prepaid expenses and other assets (12,900) 7,049 (5,851) (54,350) (13,896) (68,246)Accrued and other liabilities 107,780 35,769 143,549 28,718 (158) 28,560Reinsurers’ balances payable 13,646 -- 13,646 41,821 -- 41,821 Unearned premiums 676,334 -- 676,334 1,511,271 -- 1,511,271 Outstanding claims (45,935) -- (45,935) (70,794) -- (70,794)Claims incurred but not reported 143,045 -- 143,045 59,422 -- 59,422Premium deficiency Reserve 291,155 -- 291,155 Claims handling reserve 581 -- 581 (1,000) -- (1,000)Due to related parties -- 5,132 5,132 -- 14,367 14,367 Due to shareholders’ operations -- -- -- (36,262) 36,262 --Increase in lease liabilities -- -- -- -- -- --Employees’ EOSBs paid -- (3,817) (3,817) -- (4,922) (4,922)Surplus paid to policyholders (16,028) -- (16,028) (27,105) -- (27,105)Zakat and income tax paid -- (77,949) (77,949) -- (48,552) (48,552)Net cash generated from operating activities 593,930 735,176 1,329,106 146,983 576,407 723,390CASH FLOWS FROM INVESTING ACTIVITIES Placement in term deposits (369,350) (300,000) (669,350) (1,301,565) (760,924) (2,062,489)Proceeds from maturity of term deposits 1,654,054 840,893 2,494,947 1,813,921 1,047,946 2,861,867Additions in investments (5,832,879) (2,698,729) (8,531,608) (929,365) (1,241,650) (2,171,015)Disposals of investments 3,761,632 1,339,636 5,101,268 915,900 963,471 1,879,371Additions to Fixtures, Furniture and Right-of-use assets -- (8,443) (8,443) -- (11,591) (11,591)Disposal of Fixtures, Furniture and Right-of-use assets -- -- -- -- 101 101Intangible assets acquired -- (12,327) (12,327) -- (13,130) (13,130)Purchase of shares under LTIP -- -- -- -- (17,744) (17,744)Net cash (used in) / generated from investing activities (786,543) (838,970) (1,625,513) 498,891 (33,521) 465,370 CASH FLOWS FROM FINANCING ACTIVITIES Lease liability paid -- (12,734) (12,734) -- (24,580) (24,580)Dividends paid -- -- -- -- (180,000) (180,000)Income tax recovered from non-Saudi shareholders -- -- -- -- 9,119 9,119Net cash used in financing activities -- (12,734) (12,734) -- (195,461) (195,461) Net change in cash and cash equivalents (192,613) (116,528) (309,141) 645,874 347,425 993,299Cash and cash equivalents at the beginning of the period 446,942 218,767 665,709 272,527 17,886 290,413Cash and cash equivalents at the end of the period 254,329 102,239 356,568 918,401 365,311 1,283,712

[100010] Filing information	[200100] Independent auditors report	[300100] Statement of financial position, order of liquidity
[300200] Statement of insurance/ takaful operations, nature of expense	[300300] Statement of shareholders operations, nature of expense	[300400] Statement of other comprehensive income, before tax, insurance operations
[300500] Statement of other comprehensive income, before tax, shareholders operations	[300600] Statement of cash flows, indirect method, insurance operations	[300700] Statement of cash flows, indirect method, shareholders operations
[300800] Statement of changes in equity	[400100] Notes forming part of accounts