United holds shareholders’ meeting

Dubai: United Insurance company said yesterday it held a shareholder meeting to discuss capital raising plans and financial adjustments.

The company’s net loss fell to Dh7 million in the first quarter to March from Dh9 million in 2014.

In the financial year to December 2014, the company swung to a net loss of Dh51.8 million from a profit of Dh8.44 million.