Mubasher TV
Contact Us Advertising   العربية

AXA Green Crescent losses widen in Q1

AXA Green Crescent losses widen in Q1
Trader at Abu Dhabi's bourse (Photo Credit: Arabianeye-Reuters)
HAYAH
HAYAH
-0.54% 1.83 -0.01

Abu Dhabi – Mubasher: AXA Green Crescent Insurance Company posted a 38% rise in losses year-on-year in the first quarter of 2017, according to a bourse filing.

Losses reached AED 1.67 million ($454,000) in Q1-17, compared to AED 1.21 million ($329,500) in Q1-16.

The company suffered losses worth AED 14.8 million in 2016, compared to AED 15.4 million in 2015.