Dubai PR Network, Online Press Release from Dubai and Middle East
Filter PR by
  
Union Insurance Company Reports Nine-Month Results

Net profit up to AED6.3 million

(Dubai, UAE- November 15, 2017):  Union Insurance Company, a leading provider of innovative customer-focused insurance solutions to individuals and corporations in the region, has reported a net profit of AED6.3 million for the first nine month ended 30 September 2017 compared to a net loss of AED (12.8) million for the same period last year.  

Gross insurance premium rose by 21.75% to AED802 million compared to AED659 million for the same period last year. The company’s total assets increased from AED1.47 billion at year-end 2016 to AED1.84 billion as of 30 September 2017. 

Meanwhile, gross technical profit totaled AED 27.2 million compared to a profit of AED26 million reported a year earlier. 

Posted by : SAKSHI ADVERTISING & PR, -
Viewed 10632 times
PR Category : Banking & Investments
Posted on : Wednesday, November 15, 2017  2:14:00 PM UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of DubaiPRNetwork.com.
Email this article Print this article

Share this article with your friends and followers
NewsVine
Back to

Related Stories

 
 
Most Viewed Press Release posted in the last 7 days
Herbal Essences Taps into Nature's most Powerful Ingredients with the new Potent Aloe Vera... [10750-Views]
Hello 2021, HELLO, GOOD STUFF! with Essence [7892-Views]
Middle East Hotels Ready to Capitalise on Workation Trend, says ATM [7487-Views]
IRENA's World Energy Transition Day Kick-Starts Crucial Assembly Meeting [6892-Views]
Latest PGA Tour Winner Kevin Na Joins Strong American Contingent vying for 2021 Saudi Inte... [5523-Views]
How Small Travel & Tourism Business can Overcome COVID-19 Pandemic [5367-Views]
Join the A-Beauty Revolution with Sukin's Buy 2 Get 2 Limited Time Offer [4079-Views]
Danube Group Launches World's First Civil Defence Approved Alucopanel A1 Aluminium Composi... [3768-Views]
Pampers Introduces the First Diaper Designed for Nighttime Wetness Protection and Un-inter... [3592-Views]
Jaguar Land Rover Mena Offers Customers Warranty Extension Lasting Up to 10 Years [3542-Views]
A New Wave of Coffee has Arrived at AlBarari [3378-Views]
Sony Middle East & Africa Launches Newest Addition to G Master™ Full-Frame Lens Series wit... [3292-Views]
Henrik Stenson Leads Past Winners' Delight for Omega Dubai Desert Classic Return [3149-Views]
Icon Racing Sport Collection [3128-Views]
Etihad Airways to Recommence Flights to Doha [3116-Views]
Dubai Sports Council Launch Dubai's First All-Schools Sports Tournament Series [2948-Views]
Abu Dhabi Delivers Knockout Opportunity for UFC Fight Island Triple Header Spectators to A... [2940-Views]
Statements of Love [2927-Views]
Take Special Care of your Skin with Martiderm [2886-Views]
Ericsson: Smart Home Privacy: How to avoid ‘Data Paparazzi' [2800-Views]
Jalabiyas – Epitome of Grandeur, Grace and Elegance [2567-Views]
Two Proven Solutions to Instantly Revive Your Skin [2542-Views]
Samsung Introduces a One-Stop Shop that Curates Every Step of Your Cooking Journey [2398-Views]
Red, Blush and Black - Steve Madden Is Ready to Celebrate Valentine's Day With the Quintes... [2321-Views]
Tondagraph GT Rose Gold Blue [2222-Views]
 
RSS Facebook Twitter LinkedDin
 
Top Sections
 
Top Stories