Abu Dhabi: Insurance House announced that the gross premiums written during the first half of this year totalled Dh58.09 million — nearly 39.2 per cent higher than the Dh41.74 million during the same period last year.

Meanwhile, the net profit stood at Dh4.21 million, and net underwriting profit for H1 2014 was Dh3.61 due to higher amounts of claims paid under the Motor & Medical Insurance Policies.

Total assets as of June 30 grew to Dh259.8 million, compared to Dh125.8 million when the company started three years ago.