Dubai – Mubasher: Dubai Islamic Insurance and Reinsurance Co. (AMAN) posted a 731% rise in its losses during the fourth quarter of 2016, according to a bourse filing.
Losses reached AED 33.82 million ($9.21 million) in Q4-16, compared to AED 4.07 million ($1.11 million) in Q4-15.
The company incurred losses of AED 37.1 million in 2016, against profits of AED 1.85 million in 2015.
