Salama posts deeper losses
Islamic Arab Insurance (Salama) reported that its Q3 net losses widened 49 percent year-on-year to AED71.26 million from AED47.84 million, according to a recent bourse filing. Incurred claims declined 20.4 percent to AED100.63 million, said the company, adding that total paid claims lowered 25.3 percent to AED87.56 million. Over the first nine months, the company […]
