Abu Dhabi – Mubasher: Union Insurance Company achieved a profit of AED 283,000 ($77,000) in the first half of 2017 against a loss of AED 7.08 million ($1.93 million) in H1-16.

During the first six months of 2017, Union Insurance posted a growth of 18.5% in premiums to AED 528.4 million compared to AED 442.46 million in H1-16, according to a bourse statement issued on Thursday.

Losses per share stood at AED 0.0009 in H1-17 versus earnings per share of AED 0.0214 in H1-16.