Abu Dhabi – Mubasher: Al Ain Al Ahlia Insurance net profit surged 1011% year-on-year in the third quarter of 2016.

The company recorded AED 11 million ($3 million) in Q3-16 from AED 985,000 ($268,000) in Q3-15, according to the company’s financial statement.

Profit increased 26.18% to AED 56.15 million for the nine-month period of 2016 from AED 44.5 million in the same period of last year.