OUI reports OR2.2m nine-month profit
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OUI reports OR2.2m nine-month profit

OUI reports OR2.2m nine-month profit

Oman United Insurance (OUI) has posted a net profit of OR2.23m in the first nine months of this year, compared with a loss of OR56,957 in the same period last year, on higher premiums and improved investment income, Muscat Daily has reported. Gross written premium climbed by 25.3% to OR30.2m from OR24.1m in the same period last year, while gross underwriting results increased by 30.7% to OR2.58m, compared with OR1.97m in the same period last year.

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