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Union Insurance swings to profits in Q1

Union Insurance swings to profits in Q1
Union Insurance posts profits in Q1-16 (Photo Credit: Arabianeye-Reuters)
Union Insurance
UNION
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Abu Dhabi-Mubasher: Union Insurance Co. turned profitable in the first quarter of 2016, according to a bourse statement.

Profits reached AED 52,760 ($14,370) in Q1-16, against losses of AED 16.92 million ($4.6 million) in Q1-15.