International General Insurance posts higher H1 profits

Dubai-Mubasher: International General Insurance Holdings (IGIH), registered in the Dubai International Financial Centre (DIFC), posted a 22% growth year-on-year in its profits during the first half of 2016, according to a statement.

Net profits reached $19.8 million in H1-16, compared to $16.2 million in H1-15.

Total premiums increased to $126.8 million in H1-16, compared to $122 million in H1-15. Furthermore, Underwriting income rose 39% year-on-year to $28.4 million.

Mubasher Contribution Time: 30-Aug-2016 09:34 (GMT)
Mubasher Last Update Time: 30-Aug-2016 09:34 (GMT)