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Al Sagr National Insurance Posts Bigger Loss in H1; Insurance Revenue Down

MT Newswires·08/16/2026 01:22:56
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01:22 AM EDT, 08/16/2026 (MT Newswires) -- Al Sagr National Insurance (DFM:ASNIC) reported a wider loss in the first half, while insurance revenue declined year over year, according to an Aug. 14 release. Loss for the six months ended June 30 was 39.2 million Emirati dirhams, compared with a loss of 21 million dirhams earlier. Loss per share moved to 0.17 dirham from a loss per share of 0.09 dirham. The Dubai-listed insurer's insurance revenue was 210.6 million dirhams, compared with 421.5 million dirhams a year ago.