Dubai: Al Ain Ahlia Insurance Company said on Tuesday it has recommended a dividend of 40 per cent amounting to Dh60 million.

The last date to participate is March 3, the company said in a statement to the Abu Dhabi Securities Exchange.

The company had declared a dividend of 35 per cent amounting to Dh52.5 million last year. Abu Dhabi-listed Al Ain Ahlia Insurance Company offers life and property and casualty insurance, among others.