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Insurance House posts higher profits in Q1

Insurance House posts higher profits in Q1
Insurance House's net premium increased 9.2% to AED 42.07 million in Q1-17 (Photo Credit: Arabianeye-Reuters)
Insurance House
IH
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Abu Dhabi – Mubasher: Insurance House reported a 517.9% year-on-year rise in its profits during the first quarter of 2017, according to a statement.

Profits reached AED 1.9 million ($517,170) in Q1-17, compared to AED 307,510 ($83,700) in Q1-16.

Net premium increased 9.2% to AED 42.07 million in Q1-17, compared to AED 38.52 million in Q1-16.