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Dubai insurance firm posts 26.45% profit rise in H1

Dubai insurance firm posts 26.45% profit rise in H1
Photo Credit: Arabianeye-Reuters
DNIR
DNIR
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Dubai-Mubasher: Dubai National Insurance and Reinsurance (DNIR) generated profits of AED 39 million ($10.6 million) in the first nine months of 2015, a rise of 26.45% from AED 30.82 million ($8.4 million) in the same period of 2014, according to a bourse filing.

In the third quarter of 2015, profits slightly increased 0.05% to AED 9.65 million compared to AED 9.646 million in Q3-14

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.