Please wait...
GulfBase Live Support
- Saudi Arabia invites applications for exploration permits in Riyadh, Madinah regions
- Dubai port operator DP World grows 2024 revenues to record $20b
- Asyad Shipping shares steady on market debut after RO128mn IPO
- Qatar sees strong residential performance in Q4 2024
- Dubai office rents: Small businesses feel full impact of eviction notices
- UAE-Pakistan trade gets single-window boost after AD Ports Group deal
- India becomes top FDI source in Dubai with $3 billion investment
- Closing Bell: Saudi main index continues to decline on third consecutive day
- Saudi banks see profit surge in Q4 as rate cuts boost margins: Fitch Ratings
- Haramain Railway operates over 3,400 trips with 1.6 million seats during Ramadan
18/05/2016 05:57 AST
Union Insurance Company, a leading provider of innovative customer-focused insurance products to individuals and organisations in the region, has reported a 40 per cent increase in gross insurance premium during the first quarter of 2016.
The premiums went up from Dh172 million ($46.81 million) posted in Q1 2015 to Dh242 million at the end of March 2016.
The company posted a net profit of Dh53,000 for the first three months of 2016 compared to a net loss of Dh17 million for the same period last year.
The company's total assets increased from Dh1.1 billion at year-end 2015 to Dh1.3 billion as of March 31, 2016.
Union Insurance posted a gross technical profit in first quarter of 2016 of Dh25 million compared to Dh27 million in Q1 2015.
The company's investments reported a loss of Dh5.4 million.
Established in 1998 and listed on the Abu Dhabi Securities Exchange, Union Insurance Company is regulated by the UAE Insurance Authority and 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.
Trade Arabia
15/11/2017
Union Insurance Company has reported a net profit of Dh6.3 million for the first nine month ended September 30 compared to a net loss of Dh12.8 million for the same period last year.
Gross i
Gulf News
12/06/2017
Union Insurance said on Sunday it had received the nod from Securities and Commodities Authority (SCA) to suspend share trading in its shares in anticipation of the finalisation of its capital restru
Gulfnews
28/03/2016
Union Insurance Co's said it plans to invite shareholders to attend the annual general assembly meeting on April 24, at the company's headquarters in Ajman. Nominations will also be opened for membe
Gulfnews
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| IHC | 404.00 | 2.40 (0.59 |
| FAB | 14.00 | -0.24 (-1.69 |
| EMIRATESNBD | 20.05 | -0.55 (-2.67 |
| ADCB | 10.68 | 0.28 (2.69 |
| EIB | 11.95 | 0.00 (0.00 |
13/03/2025
Asyad Shipping Company, one of the world's largest diversified maritime providers and a global leader in deep-sea transportation, successfully listed on the Muscat Stock Exchange (MSX) on Wednesday f
Muscat Daily
13/03/2025
Qatar Gas Transport Company (Nakilat) marked a significant milestone with the steel cutting ceremony for eight of its new LNG carriers at Hanwha Ocean Shipyard in South Korea.
These vessel
Trade Arabia
12/03/2025
Oman's Ministry of Energy and Minerals has entered into an Exploration and Production Sharing Agreement (EPSA) with OQ Exploration and Production (OQEP) and Genel Energy to develop Concession Block 5
Muscat Daily
11/03/2025
For the third consecutive year, Gulf Bank successfully organized an exhilarating fitness challenge at Lose Gain, a specialized group training gym. The event combined high-energy workouts with friendl
Khaleej Times
11/03/2025
Oman Telecommunications Company (Omantel) Group has reported significant growth in its financial results for the year 2024. The group's revenue (including Zain Group's operations) increased by 3%, fr
Muscat Daily
Financial Information Co.
P.O. Box 69410, Jeddah 11547, Saudi Arabia