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FINANCIAL NEWS
Oman Insurance Company profit down to USD61.21m in 2014
12 Feb 2015
(MENAFN) Oman Insurance Company (OIC) net profit is down 9.38 percent to USD61.21 million from USD66.96 million in 2013, Emirates 24/7 reported.
The UAE-based company said its gross written premium rose 11.3 percent in 2014, hitting USD884.64 million from USD789.37 million in 2013.
Assets totaled USD1.6 billion in 2014 compared to USD1.36 billion in 2013, according to the insurance company.
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