Profits of Arab Orient Insurance jumped higher by 58% to JOD 2.53 million during the first half of 2014 compared to JOD 1.6 million in the first half of 2013.

Earnings per share hit JOD 0.118 compared to JOD 0.075 in the first half of the last year. Financial statement showed that the company’s revenues rose by 8% to JOD 31.1 million compared to JOD 28.7 million in the first half of 2013.

The company said that this increase in revenues resulted from the increase in net subscribed premiums to JOD 24.46 million in the first half of 2014 from JOD 20.74 million in the same period of the last year.

In the second quarter of 2014, the company’s profits increased to JOD 698.1 thousand against JOD 361.2 thousand in the same quarter of the last year.