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Abu Dhabi Insurance makes AED 181 mln profit in FY13

Abu Dhabi Insurance makes AED 181 mln profit in FY13
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Abu Dhabi National Insurance Co. released financial statements for FY13 which reflected net earnings of AED 181 million, compared to AED 145 million in FY12, increasing 25%. FY13 total comprehensive income amounted to AED 350 million, compared to AED 202 million in FY12; rising 73% y-o-y.

Total assets reached AED 4.752.414.000, compared to AED 4.129.193.000 in FY12. Total equity and liabilities for FY13 amounted to AED 4.752.414.000, compared to AED 4.129.193.000 in FY12. FY13 net premium earned reached AED 1.358.897.000, compared to AED 1.214.036.000 in FY12.