News Column

National General Insurance reports Dh4.6m in losses

July 27, 2014

Staff report



Abu Dhabi: National General Insurance Co reported on Sunday a loss of Dh4.6 million for the second quarter of 2014 a plunge from the Dh34.2 million of profits in the same period last year.

Meanwhile, the company made Dh40.2 million in profits during the first half of this year, marking a drop from the Dh65.9 million made during the first half of 2013.

The net underwriting income fell from Dh99 million during the second quarter of 2013 to Dh93.6 million during the second quarter of 2014.


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Source: Gulf News (United Arab Emirates)


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