9% decline in Dubai Insurance profits during Q1
Friday, 05 15 2020, Category: Insurance and Reinsurance, Country: U.A.E
Financial data showed that the earnings of Dubai Insurance Company declined by 9% in the first quarter of 2020.
The company stated in a statement to the Dubai Financial Market, that it achieved profits amounting to 22.14 million dirhams during the first three months of this year, compared to 24.4 million dirhams in the comparison period of last year.
The net income of the company from insurance premiums during the period was 38.72 million dirhams, compared to 38.21 million dirhams in the comparative period of 2019.