Abu Dhabi-Mubasher: Al Buhaira National Insurance Co. posted earnings of AED 7.2 million ($1.96 million) for the fourth quarter of 2015, against losses of AED 13.2 million ($3.6 million) in the year-earlier period.
Full-year net earnings climbed 32.2% to AED 50.5 million, compared with AED 38.21 million a year earlier.
The insurer had recorded AED 43.3 million ($11.8 million) in net earnings for the first nine months of 2015, compared with AED 51.4 million ($14 million) in the same period of 2014.
