UAE-listed insurance companies swung to profits in 2016, spurred by higher revenues and a new government decision, amid a positive outlook for the sector. A total of 29 listed insurers posted profits of AED1.15 billion (USD313.04 million) in 2016, against losses of AED117.2 million (USD31.90 million) in 2015. The companies’ annual results registered a rise […]
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