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General Insurance posts H1 earnings
- Jordan: Sunday, September 13 - 2009 at 10:04
Jordan-based International General Insurance Holdings has reported net earnings of $11.1m for the first half year ended June 30, 2009, compared to $6.4m in the same period of last year. Due to the group's policy of reducing exposure to certain catastrophe prone regions, gross written premium stood at $85.37m, compared to $88.68m in 2008, the group has said. Net earned premium had increased to $53m from $40m during the same period of 2008. Total assets had amounted to $454m and shareholders' equity at $173m, compared to $426m and $153m, respectively, as of December 31, 2008.
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StaffSunday, September 13 - 2009 at 10:04 UAE local time (GMT+4)
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