Dubai-Mubasher: Dubai Insurance Company’s net profits fell 18.9% year-on-year to AED 5.55 million ($1.51 million) in the second quarter of 2016 from AED 6.84 million ($1.86 million).

On the other hand, the company’s profits rose 7.5% to AED 28.04 million in the first six months of 2016 compared to AED 26.09 million in the same period of 2015, according to a bourse filing on Wednesday.