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SALAMA: Better results in H1 2020

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Magazine Issue: 
The pandemic risk, insurers’ future Eldorado [3]
Magazine date: 
Jul 2020

SALAMAIslamic Arab Insurance Company (SALAMA [4]) recorded a 695 million AED (189.186 million USD) turnover in H1 2020, against 650 million AED (176.948 million USD) at the end of June 2019, thus improving by 6.9% over one year.

During the same period, its net result has improved by 41.5%, growing from 33.36 million AED (9.081 million USD) in H1 2019 to 47.05 million AED (12.807 million USD) one year later.

Read also | SALAMA: increase in 2019 profits [5]

Fri, 21/08/2020 - 12:27

Source URL: https://www.atlas-mag.net/en/article/salama-better-results-in-h1-2020

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[5] https://www.atlas-mag.net/en/article/islamic-arab-insurance-company-salama-remarkable-increase-in-2019-profits