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ASNIC makes 50.7 mln profit in FY13

ASNIC makes 50.7 mln profit in FY13
Al Sagr
ASNIC
-9.88% 0.66 -0.07
Al Sagr National Insurance Co. released financial statements for FY13, which reflected net earnings of AED 50.795.205, compared to AED 29.337.121 in FY12. Total assets reached 1.262.129.431, compared to AED 1.164.322.637 in FY12. Total equity hit AED 624.403.655, compared to AED 591.308.450 in FY12. FY13 underwriting profit hit AED 64.175.721, compared to AED 64.779.783 in FY12.