DHOFAR INSURANCE Q1 NET PROFIT UP 5% TO RO1.7MN

27/04/2014 06:03 AST

Dhofar Insurance Co has reported a five per cent growth in net profit to RO1.66mn for the first quarter ended March 31, 2014, compared with a net profit of RO1.58mn for the corresponding period of the previous year.

The company's total premium written for the first quarter 2014 amounted to RO18.39mn, compared with RO16.26mn for the same period of the previous year, an increase of 13 per cent.

The company's net underwriting results for the three-month period amounted to RO3.3mn, against RO2.37mn in the first quarter of 2013, a growth of 39 per cent.

"The company continues to adopt a wise underwriting policy, despite the severe competition witnessed by the local market and the strict control for accepting risks at the international level," said Qais al Mashani, chairman of Dhofar Insurance, in the directors' report.

Net investment income decreased to RO405,162 in the first quarter of 2014, compared with RO797,808 in the same period last year.


Muscat Daily

News

Dhofar Insurance plans JV for health insurance firm

16/02/2014

A memorandum of understanding (MoU) was signed between Dhofar Insurance Company and Munich Health Daman Holding for forming a joint venture company specialised in health insurance in Oman, said a dis

Times of Oman

The court of appeal supported the decision of the disciplinary com.

07/03/2013

The court of appeal supported the decision of the disciplinary committee of CMA imposing a fine of R.O. 5000 on Dhofar Insurance Company for violation of some of the rule pertaining to the convene of

Press Release

Most Viewed Companies

Ticker Price Volume

Valuation

DICS Sector Market
P/E
Price/BookValue
Dividend Yield (%)

Momentum

Relative Strength
  • 1-Month
  • 3-Month
  • 1-Year
Volume Change
  • 10D Avg Vs 90D Avg
Price Vs…
  • 52-w high
  • 50-day moving avg.
  • 200-Day Moving Avg

Top Related Companies

Ticker Price Change
BKSB 0.22 0.00 (0.00%)
BKMB 0.48 0.00 (0.00%)
NBOB 0.39 0.00 (0.00%)
ABOB 0.19 0.00 (0.00%)
BKDB 0.20 0.00 (0.00%)

Recent News

Gulf Bank issues its 2025 Sustainability Report

10/04/2026

Gulf Bank has issued its sixth annual Sustainability Report for the year 2025, titled "Converting to a Sustainable Path," highlighting the Bank's ESG progress and performance. The report reflects the

Kuwait Times

Saudia to Partially Resume Flights To, From Dubai, Abu Dhabi, and Amman on Saturday

10/04/2026

Saudia announced on Thursday the partial resumption of its operations to and from Dubai, Abu Dhabi, and Amman starting Saturday, April 11.

In a post on its official account on the social med

Asharq Al Awsat

Zain Bahrain names Ammar Al Ketbi as new CEO

09/04/2026

Zain Bahrain, a leading provider of telecom services, innovative technologies and digital lifestyle experience in the kingdom, has appointed Ammar Al Ketbi as its new Chief Executive Officer.

Trade Arabia

Al Mal Capital appoints Sanjay Vig as Chief Executive Officer

09/04/2026

Al Mal Capital , a UAE based investment management and financial advisory firm, licensed by the Capital Markets Authority (CMA) has appointed Sanjay Vig as the Chief Executive Officer.

Vig

Trade Arabia

Abu Dhabi Maritime Academy inks deal with Congolese mining firm

09/04/2026

Abu Dhabi Maritime Academy (ADMA), the region's leading academic institution for maritime training, and an integral part of AD Ports Group, has signed a research, development, and operational deploym

Trade Arabia

logo

Financial Information Co.

Saudi Arabia

GCC Markets

Mutual Funds

News

Investment Tools

Sector News

Screeners

Indices & Commodities

Downloads

Copyright ©2001 - 2025, Financial Information Co. All Rights Reserved.

Terms of Services | Privacy Policy | Advertise with us | Contact Us | Sitemap