Abu Dhabi - Mubasher: Al Buhaira National Insurance Co. (ABNIC) recorded a 9% year-on-year increase in profits in the second quarter of 2016, to AED 12.74 million ($3.47 million), the company announced on Wednesday.
ABNIC profits also grew 17.3% in the first half of 2016 to AED 32 million, compared to AED 27.28 million in the period last year, according to the company’s statement to the Abu Dhabi Securities Exchange (ADX).