Mubasher: Al Ahleia Insurance profits increased during the third quarter (Q3) of the year by 12.8% to KWD 1.91 million ($6.31 million) up from KWD 2.19 million ($7.24 million) in the same period last year.

The insurance firm also registered a 1.6% rise in profits during the first nine months of 2019 to KWD 7.86 million, compared with KWD 7.74 million in the corresponding period in 2018.

Al Ahleia has attributed the rise in profits to increased operational revenues.