Abu Dhabi – Mubasher: AXA Green Crescent Insurance (GCIC) posted a 50.3% year-on-year increase in its losses, according to a bourse statement.
Losses stood at AED 6.45 million ($1.76 million) in Q3-16, compared to AED 4.29 million ($1.17 million) in Q3-16.
Losses rose 39.6% to AED 13.09 million in the first nine months, compared to AED 9.38 million in the prior-year period.
