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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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