Complex Made Simple

Abu DHabi’s Insurance House doubles assets since 2011

Abu Dhabi-based Insurance House has announced its net profit for the year ended December 31, 2013 reached Dhs9.56m, and gross premiums written during this period totalled Dhs99.13m, Khaleej Times has reported. Total assets doubled to Dhs254.61m from Dhs125.8m as of April 11, 2011, when the insurer commenced operations.