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National Insurance Company's income rose by %85 during the current year

2009-07-23

Ramallah- Al Ayyam: The NIC"s board of directors approved the semiannual financial results of 2009, and asked the financial management to disclose these results in accordance to the applicable law requirements. The general manager Aziz Abdel Jawad said in a press statement yesterday that the company attained a pretax income of $3191 thousand comparing to $1727 thousands in the same period of the previous year with an increase of approximately %85, and the shareholders equity after discounting the minority rights reached $14.51 million comparing to $12.23 million in the same period of the previous year. Abdel Jawad added : as for the group assets reached $65.66 million, and the results will be disclosed to the capital market authority and Palestine securities exchange as soon as the outsider auditors finish the financial auditing and take the approval of the insurance surveillance management; and it is expected within the next week.