Dubai – Mubasher: Dubai National Insurance and Reinsurance (DNIR) reported a net profit of AED 29.3 million ($8 million) in the half-year period ended 30 June 2015, registering an increase of 38.5% from AED 21.18 million ($5.77 million) in the corresponding period of 2014.

Meanwhile, Q2 profits retreated 10.8% to AED 9.4 million compared to AED 10.5 million in Q2-14, according to a bourse filing on Wednesday.

DNIR previously posted a surge in its net profits by 87% to AED 20 million in Q1-15, from AED 10.66 million in the same period the year before.