News Column

Emirates Insurance generates AED 85.7 mln profit in FY13

February 19, 2014

Emirates Insurance Co. released financial statements for FY13 which

reflected net earnings of AED 85.702.834 million, down 13% Y-o-Y, compared

to AED 98.602.907 in the year before. Total comprehensive income, which

reflects the positive result in equity portfolio, increased by 210% from

AED 97 million to AED 299 million. Despite exceptionally challenging

conditions, Emirates Insurance premium income in FY13 rose to AED 721

million, increasing 11.8% Y-o-Y.;

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Source: Mubasher (Saudi Arabic)

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