Dubai – Mubasher: Dubai National Insurance and Reinsurance (DNIR) reported a 25.3% rise year-on-year in its profits during the third quarter of 2016, according to a bourse statement.
Net profits reached AED 12.09 million ($3.29 million) in Q3-16, compared to AED 9.65 million ($2.63 million) in Q3-15.
In the first nine months of 2016, profits decreased 3.9% to AED 40.48 million from AED 38.98 million in the same period of 2015.
Insurance revenues reached AED 69.07 million in the nine-month period of 2016, compared to AED 59.82 million in the same period of 2015.
