EarningsUNITEDINS
UNITEDINS Earnings Update
Announcement summary
- What happened
- UNITEDINS published a corporate disclosure on 18 March 2019. Read the full announcement for details.
- Company
- United Insurance Company Ltd.
- Announcement published
Original announcement
(Continuation news of UNITEDINS): The Company has further noted that The lower EPS in 2018 was due to higher reinsurance premium payment, higher claims intimation, higher expenditure and de-recognition of associate relationship with United Finance Limited. Moreover, the NOCPS was lower due to less direct premium underwriting because of non-renewal of a large business and sharing of another high voluminous business with co-insurer, (cont. 2)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616aced55a6b00004005a519
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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