Dubai - Mubasher: Dubai National Insurance Co. posted a 22.3% year-on-year retreat in profits in the second quarter of 2016, to AED 7.29 million ($1.98 million) down from AED 9.38 million ($2.55 million) in Q2-15.

Profits also decreased 3.2% in the first half of the year, reaching AED 28.38 million, compared to AED 29.32 million in the same period last year, according to a bourse filing.