Kuwait-Mubasher: Al Ahleia Insurance recorded a surge of 153% to KWD 3.98 million in earnings of the third quarter as compared to KWD 1.57 million in the corresponding period of 2014.

In the nine-month period, the company’s profits posted KWD 9.91 million compared to KWD 7.48 million; an increase of 33%.

Al Ahleia noted that the rise in earnings was due to achieving profits from investments as well as decreasing expenses.