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Dhofar Insurance's Q1 profit up 9%

  • Oman: Thursday, April 25 - 2013 at 06:15

Oman's Dhofar Insurance has announced its net profit for the first quarter ended March 31 grew 9% to OR1.58m, compared with OR1.45m in the same period last year, Muscat Daily has reported. Gross written premium rose 12% to OR16.26m in the first quarter of this year against OR14.52m in the first quarter of 2012, the firm said. Net underwriting results jumped 28% to OR2.37m from OR1.85m a year ago.

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