AED 805 million profit for 11 insurance companies in 9 months

Media IN / WAM 8 November 2018
Consolidated profits of 11 national insurance companies listed on the UAE stock markets rose to AED 805 million during the first nine months of 2018, an increase of 18.5% compared to AED 681 million in the same period of 2017.
The rise in the insurance companies’ profits, which were monitored by the end of the week, was supported by the strong growth witnessed by most of them, especially during the third quarter of 2018.