Abnic reports Dh52m net profits in 2017

19/03/2018 05:52 AST

Al Buhaira National Insurance Co. (Abnic) reported a net profit of Dh52 million in 2017 compared to Dh43 million in 2016. The company posted Dh31 million in underwriting profits last year, up 24 per cent compared to Dh25 million reported in 2016. Abnic's written premium stood at Dh537 million for the year 2017. Shareholders equity stood at Dh664 million and the total assets were at Dh1.75 billion at the year-end 2017.


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Abnic reports Dh52m net profits in 2017

19/03/2018

Al Buhaira National Insurance Co. (Abnic) reported a net profit of Dh52 million in 2017 compared to Dh43 million in 2016. The company posted Dh31 million in underwriting profits last year, up 24 per

Gulf News

Al Buhaira National Insurance ratings lowered to 'BBB-'

02/08/2010

Standard & Poor's Ratings Services said today that it lowered its long-term counterparty credit and insurer financial strength ratings on United Arab Emirates (UAE)-based composite insurer Al Buhaira

AME Info

ABNIC's Q2 profit steady at Dh63m

27/07/2010

Al Buhaira National Insurance Co, or ABNIC, has maintained same profitability level that was achieved at the end of the second-?quarter of 2009.

The company recorded Dh63 million net prof

Khaleej Times

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