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    OMAN UNITED INSURANCE

     Disclosure of Un-audited Financials for the 1st Qtr 2013

    Apr 22, 2013 09:27 AM
     
    Sub: Disclosure of Initial Un-audited Results of Oman United Insurance Company SAOG for the  period ended 31st March 2013
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               Values in (RO)

     

     
    31 March 2013
     
    31 March 2012
     
    Change%
    Gross Written Premium
    13,234,529
    12,516,008
    5.7
    Gross Underwriting Results
    1,135,239
    1,373,032
    -17.3
    Realized Investment Income (1)
    1,183,441
    1,075,929
    10.0
    Unrealized Profit / (loss) investment (2)
    226,775
    129,613
    75.0
    Total Investment and Other Income (1)+(2)
    1,410,216
    1,205,542
    17.0
    (780,973)
    (693,028)
    12.7
    Net Profit After Income Tax
    1,660,832
    1,743,546
    -4.7
    Earnings per Share EPS
    0.017
    0.017
    0.0
    Net Asset Value per share
    0.224
    0.208
    7.7

     

     
    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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