Union Insurance Company P.J.S.C. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported net loss was AED 11.3 million compared to net income of AED 13.44 million a year ago. Basic loss per share from continuing operations was AED 0.034 compared to basic earnings per share from continuing operations of AED 0.041 a year ago.
For the nine months, net income was AED 2.17 million compared to AED 31 million a year ago. Basic earnings per share from continuing operations was AED 0.007 compared to AED 0.094 a year ago.