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Dubai Insurance profits’ up 11% in H1

Dubai Insurance profits’ up 11% in H1
Photo Credit: Arabianeye-Reuters
Dubai Insurance
DIN
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Dubai – Mubasher: Dubai Insurance Co. reported a rise in profits by 11% for the first half of 2015 reaching AED 26 million compared to AED 23.5 million in H1-14, according to a bourse filing on Wednesday.

Meanwhile, the company’s second quarter profits fell 6% to AED 6.84 million compared to AED 7.28 million in Q2-14.

The insurance firm previously posted 18.5% growth in its net profits for Q1-15 to AED 19.25 million from AED 16.24 million in the same period the year before.