Insurance House posts Dh10.6m in losses

04/11/2015 06:04 AST

Insurance House recorded a net loss of Dh10.59 million for the first nine months of this year, marking an increase from the Dh7.16 million registered in the same period last year.

In a statement on ADX, Insurance House said that gross premium written during the nine months totalled Dh94.22 million - a 23 per cent increase from the Dh76.88 million recorded in the same time last year. Net earned premiums were also 10 per cent higher, reaching Dh60.06 million in the first nine months of 2015.


Gulfnews

News

Insurance House opens new branch in Mahwi

24/02/2015

Insurance House (IH) announced that it has opened a new branch in Mahwi, Abu Dhabi.

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The Gulf Today

Insurance House swings to loss on rising medical and motor claims

06/02/2015

Insurance House swung to a loss last year, which the company blamed on a rise in motor and medical claims and intense industry competition.

The Abu Dhabi-based insurer reported a loss of D

The National

Insurance House nets AED 4.21 million in H1 2014

16/07/2014

Insurance House P.S.C (IH) has announced that the Gross Premiums Written (GPW) during the half year ending 30 June 2014 totaled AED 58.09 million, nearly 39.2 per cent higher than the AED 41.74 milli

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