Saudi- UIC gross premium jumps 12%
(MENAFN- Khaleej Times)Union Insurance Company a provider of innovative customer-focused insurance products to individuals and organisations in the region reported a 12 per cent increase in gross insurance premium up to Dh331 million as at June 30 2015 compared to Dh295 million for the same period last year. The company's total assets increased from Dh890 million at year-end 2014 to Dh982 million as of June 30 2015. Union Insurance's gross technical profit rose eight per cent from Dhs49 million as of the end of June 2014 to Dhs53 million reported in 2015.
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