Abu Dhabi: Abu Dhabi National Insurance Company (Adnic) reported on Wednesday a net loss of Dh32.4 million for the third quarter of this year, marking a drop from the Dh10.5 million net losses recorded in the same quarter last year.

The company’s liquidity stood at Dh690 million as of September 30, 2015 — up from the Dh559 million recorded at the end of last year.

Meanwhile, total assets increased by three per cent to reach Dh5.7 billion at the end of the third quarter compared to Dh5.5 billion at the end of last year.