Abu Dhabi - Mubasher: Al Khazna Insurance Company (AKIC) reported losses for the first nine months of 2017.

The company’s losses increased by 135% year-on-year to AED 106.11 million, compared to AED 44.75 million for the same period in the year before, according to a filing to the Abu Dhabi Securities Exchange (ADX).

By 12:17 pm UAE time, Al Khazna Insurance’s stock fell 3.45% to AED 0.28.