Ras Al Khaimah National Insurance Co posted AED 20.6 million profit for the first quarter ending March 31.
This reflects a 20% rise compared with AED 16.2 million in the same period a year earlier.
Company’s board report stated that written premiums reached AED 76.6 million, compared with AED 79.2 million a year earlier.
The report showed that operating revenues advanced to AED 24.4 million, compared with AED 20.22 million a year earlier.