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    OMAN UNITED INSURANCE

     Initial Un-audited Results for the period ended 30th September 2011

    Oct 18, 2011 09:46 AM
     
               Values in (RO)
     
    30 September 2011
     
    30 September 2010
     
    Change%
    Gross Written Premium
    24,121,466
    16,356,735
    47.5
    Gross Underwriting Results
    1,976,360
    1,760,813
    12.2
    Realized Investment Income
    1,792,952
    1,690,852
    6.0
    Unrealized Profit / (loss) investment
    (1,668,233)
    270,536
    (716.6)
    Total Investment and Other Income
    124,719
    1,961,388
    (93.6)
    (2,026,986)
    (1,982,544)
    2.2
    Net Profit / Losses After Income Tax
    (56,957)
    1,621,057
    (103.5)
    Earnings per Share EPS
    (0.001)
    0.016
    (106.3)
    Net Asset Value per share
    0.187
    0.191
    (2.1)
     
    Note:
    • The above results are preliminary and subject to Statutory Auditor’s review and approval of Audit Committee and Board of Directors.
     
     
     
    Nassir Bin Salim Al Busaidi
    Managing Director/ Spokes Person
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