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Abu Dhabi National Insurance's premiums boom


U.A.E.-based Abu Dhabi National Insurance Company P.S.C.'s gross written premiums grew nearly 43% year over year to 1.7 billion United Arab Emirates' dirhams ($463 million) in the first quarter, Middle East Insurance Review reported. The insurer said that net profit declined 44% to AED 52.6 million due to the poor performance of its consumer lines business.

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