Dubai - Mubasher: The financial results of National General Insurance (NGI) showed a jump in profits by 186.6% in the fourth quarter of 2016.

Profits reached AED 7.28 million ($1.98 million) in Q4-16 compared to AED 2.54 million ($691,330) in Q4-15, according to the company’s statement to the Dubai Financial Market (DFM) on Sunday.

NGI annual profits grew 21% in 2016 and reached AED 28.44 million compared to AED 23.5 million in 2015.