Mubasher: Orient Insurance achieved a growth of 54.7% in profits during the fourth quarter of 2016 when compared to the same period a year ago.
Earnings increased to AED 51.76 million ($14.08 million) in Q4-16 from AED 33.46 million ($9.11 million) in Q4-15, according to a recent bourse filing.
During the fiscal year of 2016, Orient Insurance reported a growth of 15.4% to AED 313.85 million from AED 272.04 million in FY15.