Dubai – Mubasher: Dubai Insurance Co. posted a 139.5% rise year-on-year in its profits during the third quarter of 2016, according to a bourse statement.

Profits reached AED 5.7 million ($1.55 million) in Q3-16, compared to AED 2.38 million ($647.8 million) in Q3-15.

In the first nine months of 2016, profits grew 18.5% to AED 33.73 million from AED 28.47 million in the prior-year period.