Islamic Arab Insurance Co. (Salama) released financial statements for FY13 which reflected net losses of AED 60.245.000, compared to AED 382.464.000 in FY12. FY13 gross written contributions reached AED 1.029.543.000, compared to AED 1.892.452.000 in FY12. FY13 investment income hit AED 58.085.000, compared to AED 58.497.000 in FY12.