Dubai – Mubasher: The net profits of Dubai Insurance Company increased to AED 42.252 million during the first half (H1) of 2021, compared to AED 33.002 million in the year-ago period, as shown by the company's interim financials for the period ended on 30 June 2021.
The company's net underwriting income amounted to AED 35.599 million in H1-21, up from AED 24.310 million in H1-20.
Meanwhile, the company's net insurance premium revenue rose to AED 101.110 million in the first six months of 2021 from AED 63.495 million in the same period of 2020.
The basic and diluted earnings per share (EPS) settled at AED 0.423 in the January-June period of 2021, versus AED 0.324 in the corresponding period of 2020.
During the second quarter (Q2) of 2021, the company reported AED 15.623 million in net profits, up from AED 10.853 million in the same quarter of 2020.
