Al Wathba National Insurance Co. released financial statements for FY13, which reflected net earnings of AED 148.771 million, increasing 279% Y-o-Y, compared to AED 39.215 million in FY12.

Total assets reached AED 1.174.743.000, compared to AED 917.171.000 in FY12. Total equity amounted to AED 728.154.000, compared to AED 448.809.000 in the year earlier. The underwriting income reached AED 64.663.000, compared to AED 70.170.000 in FY12.