News & Event Details
1.4 million JD profits for gig | Arab Orient Insurance before tax as at the end of the first quarter of 2018
Sunday 29.04.2018
Amman
The Board of Directors of Arab Orient Insurance / Gulf Group - Jordan approved the financial statements for the first quarter of 2018. The quarterly financial results showed a substantial improvement in the company\'s results as it achieved underwriting profits of (2.7) million Jordanian dinars. The net profit before tax for the first quarter reached (1.4) million dinars, with net profit after provisions and taxes amounting to (1.045) million Jordanian dinars. Despite the company\'s adoption of a conservative underwriting policy during the first quarter of this year, the total subscribed premiums amounted to 29.8 million Jordanian dinars.