AKIC's losses increased by 135% year-on-year
          
          
          
  
    
      Al Khazna Insurance 
AKIC
             
    
    
  -4.80%
    1.00
  -0.05
  
  
                    AKIC
Abu Dhabi - Mubasher: Al Khazna Insurance Company (AKIC) reported losses for the first nine months of 2017.
The company’s losses increased by 135% year-on-year to AED 106.11 million, compared to AED 44.75 million for the same period in the year before, according to a filing to the Abu Dhabi Securities Exchange (ADX).
By 12:17 pm UAE time, Al Khazna Insurance’s stock fell 3.45% to AED 0.28.
              
              Source:
              Mubasher