Salama reports 9-month net profit of AED 25.1 million, reaffirms leadership position with digital offering, good solvency ratio and progress in insurance portfolio consolidation

Highlights: Q3 Gross Written Contributions up 48% year-on-year to AED 312 million, while for the 9-month period it reached AED 886 million. Strong performance of subsidiaries in Egypt and Algeria, which achieved profitability growth of 54% YOY. Q3 Net Profit grows 102% YoY to AED 5.9 million. 5.6% YoY decline in general, administrative, and other […]