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Apr 2024

UAE: OIC reports US$35 mln in 1H net profit

Source: Middle East Insurance Review | Sep 2014

Oman Insurance Co (OIC) reported a net profit of AED127.2 million (US$34.6 million) for the first half of this year, up from the AED94.3 million made during the first half of 2013. Gross premiums increased by 14.4% y-o-y to AED1,815.2 million during the same period.

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