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28/03/2016 05:59 AST
Union Insurance Co's said it plans to invite shareholders to attend the annual general assembly meeting on April 24, at the company's headquarters in Ajman. Nominations will also be opened for membership in the company's board of directors, the firm said in a statement posted on Abu Dhabi Securities Exchange's website.
The company reported gross written premium of Dh681 million for the year 2015, making it one of the top five national insurance companies. This is a 28 per cent increase compared to Dh532 million reported for the same period last year.
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Union Insurance Company has reported a net profit of Dh6.3 million for the first nine month ended September 30 compared to a net loss of Dh12.8 million for the same period last year.
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Union Insurance said on Sunday it had received the nod from Securities and Commodities Authority (SCA) to suspend share trading in its shares in anticipation of the finalisation of its capital restru
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Union Insurance Company, a leading provider of innovative customer-focused insurance products to individuals and organisations in the region, has reported a 40 per cent increase in gross insurance pr
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