Al Sagr Insurance Q3 losses down 88%

Dubai – Mubasher: Al Sagr National Insurance logged AED 3.15 million losses ($857,410) in the third quarter of 2016, lower 87.6% year-on-year from AED 25.33 million ($6.9 million), according to a bourse filing on Tuesday.

In the first nine months, the company registered AED 31.27 million profits versus AED 29.85 million losses for the first nine months of 2015.

Net insurance premium for the nine-month period brought AED 192 million profits against AED 204.47 million.
 

Mubasher Contribution Time: 15-Nov-2016 07:37 (GMT)
Mubasher Last Update Time: 15-Nov-2016 07:38 (GMT)