Arig posts first half 2006 profit
Arab Insurance Group (Arig) has announced net profits of $8.6m for the first half year 2006. This represents an increase of 34% over the net profit of $6.4m registered for the same period in the previous year (excluding $28.9m of profits from discontinued operations).
Gross premium writings during the half year were $107.5m, up from the $106.8m registered for the same period in 2005 despite the significant scaling down of treaty business where several non
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