Dubai-Mubasher: Arabian Scandinavian Insurance (ASCANA) posted a 161% profit surge to AED 15.74 million ($4.3 million) in the first nine months of 2015, compared to AED 6.03 million ($1.64 million) in the same period of 2014, according to a bourse filing on Wednesday.

Profits plummeted 71% to AED 2.79 million in Q3-15 from AED 9.6 million in Q3-14.

The company posted its net profits for the first quarter of 2015, reaching AED 2.62 million ($713,000) from AED 2.34 million in Q1-14.