Mubasher: The board of the Islamic Insurance Co. recommended distributing cash dividends at 8% for 2015, pending the approval of shareholder’s ordinary general meeting, the chairman said.
As per the company’s financial statements, total written premiums rose by 7% year-over-year from JOD21.4 million to JOD22.9 million
FY15 net profit before tax grew 26% to JOD2.9 million from JOD2.3 million in 2014. Further, paid claims increased to JOD12.9 million from, JOD13.1 million.
Moreover, the company’s assets in 2015 jumped 11% year-on-year from JOD33.6 million to JOD17.5 million.
