By Shaji Mathew
Nov. 9 (Bloomberg) -- Arabian Scandinavian Insurance Co., a United Arab Emirates insurer, said it made a loss in the third-quarter as income from investments declined.
The company posted a loss of 6.6 million dirhams ($1.8 million), or a loss of 5 fils a share, compared with a profit of 2.3 million dirhams, or 2 fils a share, in the year-earlier period, Arabian Scandinavian said today in a statement to the Dubai bourse Web site.
Arabian Scandinavian incurred a loss of 9.9 million dirhams from investments compared with earnings 2.7 million dirhams a year earlier.
For Related News: U.A.E. earnings news: {TNI UAE ERN COS}
To contact the reporter on this story: Shaji Mathew in Dubai at shajimathew@bloomberg.net
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