UAE - Aman posts AED 7.5m profits in H1-19
Saturday, 08 17 2019, Category: Insurance and Reinsurance, Country: U.A.E
The profits of Dubai Islamic Insurance and Reinsurance Company (Aman), listed on the Dubai Financial Market (DFM), rose by 7% year-on-year in the first half of 2019.
The company’s net profits increased to AED 7.5 million in H1-19 from AED 7 million in H1-18, Aman disclosed on Wednesday.
Aman’s gross premium growth rate increased by 6% in H1-19, according to the company’s financial statements.
Net claims incurred in H1-19 decreased by 35% to AED 15.7 million from AED 24.3 million in H1-18.