Sharp rise of profit for Oman United Insurance

Oman United Insurance (OUIC) has announced a 136% increase of its net profit in 2012 which rose from 1.1 million OMR (2.8 million USD) in 2011 to 2.6 million OMR (6.7 million USD) in 2012. The written premiums jump at the same time by 20% at 36.3 million OMR (94.3 million USD). The technical result decreased by 6% at 3.3 million OMR (8.5 million USD), while financial profits have tripled to attain 3 million OMR (7.7 million USD).