Abu Dhabi National Takaful profit at Dh64m

Abu Dhabi National Takaful, the Sharia-compliant insurer, released its financial results for the first nine months of 2018 yesterday, posting a combined net profit of Dh64 million.

The company recorded a growth of 24 per cent in net profits, up from Dh52 million for the same period in 2017.

The technical profit reached Dh81.5 million, an increase of 12 per cent over the Dh73 million for the same period last year, while the underwriting profit reached Dh46 million, up 11 per cent. (Staff Report)