Mubasher: Qatar General Insurance & Reinsurance posted a 18.2% fall in net profit for the first nine months of 2015 to QAR 140.8 million ($38.65 million), compared with QAR 172.1 million ($47.24 million) in the prior-year period.

Earnings per share (EPS) amounted to QAR 1.77, compared with QAR 2.16 in the first nine months of FY14.

The insurer earlier posted QAR 122.7 million ($33.7 million) in net profit for the first half of 2015, up from QAR 53.6 million ($14.7 million) in the same period a year ago.