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- Bahrain All Share Index, Islamic Index close higher
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17/08/2015 08:23 AST
Union Insurance Company said on Sunday it reported a 12 per cent rise in gross insurance premium in the first half to June.
The company reported a gross insurance of Dh331 million in the first half to June as against Dh295 million in the same period last year.
Union Insurance's gross technical profit rose 8 per cent to Dh53 million reported in first half of 2015 from Dh49 million as of end June 2014.
The company's total assets increased from Dh890 million at year-end 2014 to Dh982 million as of June. Net result after the investment income was a loss of Dh7.4 million for first half of 2015 compared to a net profit of Dh23.6 million for the same period last year. Loss per share was at Dh0.02 compared to per-share earnings of Dh0.07 a year earlier.
Listed on the Abu Dhabi Securities Exchange, Union Insurance has a paid up capital of over Dh330 million. The company provides a wide range of individual and commercial insurance products to clients in the UAE and Middle East region.
Gulfnews
18/05/2017
United Insurance Company said it has received the approval from the Securities and Commodities Authority to extend the subscription period for shares to increase the company's capital.
The
Gulfnews
13/05/2015
United Insurance Company remains mired in uncertainty over its survival as an ongoing financial concern, despite trimming losses for the first quarter of the year.
The Ras Al Khaimah-based
The National
13/08/2014
Union Insurance Company announced its results for the first six months of 2014, demonstrating robust financial performance.
Net profit has increased 12 per cent to AED 23.6 million compare
CPI Financial
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| IHC | 401.70 | -0.30 (-0.08 |
| FAB | 13.90 | -0.14 (-1.00 |
| EMIRATESNBD | 20.15 | -0.30 (-1.47 |
| ADCB | 11.10 | -0.22 (-1.95 |
| EIB | 12.25 | 0.00 (0.00 |
25/04/2025
Saudi Awwal Bank (SAB), one of the leading banks in Saudi Arabia, has signed SR2 billion credit facility agreement with the Saudi Binladin Group, a subsidiary of Binladin International Holding Group,
Saudi Gazette
24/04/2025
The Dubai-based logistics firm Aramex has confirmed a new acting CEO after Othman AlJeda, the incumbent, resigned for personal reasons.
The change at the top comes just weeks after Abu Dhabi
Gulfnews
24/04/2025
The leading UAE banks have put up some sizable growth in their Q1-2025 results, with ADIB's net profit before tax totalling Dh1.9 billion - and that's from an impressive 18% gain year-on-year.
Gulfnews
24/04/2025
Salalah Port has received five modern dual-fuel methanol-powered container vessels from Maersk's fleet, marking a significant milestone in the port's infrastructure development and readiness to accom
Times of Oman
24/04/2025
QNB has launched a new campaign, aimed at rewarding customers to use their QNB Mastercard debit cards for everyday purchases.
The campaign, taking place from April 24-June 24, will offer win
Gulf Times
Financial Information Co.
P.O. Box 69410, Jeddah 11547, Saudi Arabia