CONTENT

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Independent auditor’s report
Statement of Financial Position
Statement of Income
Statement of Comprehensive Income
Statement of Changes in Equity
Statement of Cash Flows
Notes to the financial statements

NOTES TO FINANCIAL STATEMENT

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Sub section

1 Legal status and activities
2 General information
3 Summary of significant accounting policies
4 Property and equipment
5 Investments in financial assets
6 Statutory deposit
7 Premium and insurance balances receivables
8 Other receivables and prepayments
9 Cash and cash equivalents
10 Capital and reserves
11 Provision for employees’ end-of-service benefits
12 Insurance and other payables
13 Technical Provisions
14 Income from investments
15 General and administrative expenses
16 Earnings per share – Basic and diluted
17 Risk management
18 Related parties
19 Segment information
20 Commitments and contingencies
21 Post reporting date events
22 General
23 Approval of financial statements
24 Impact of COVID-19 on the Company’s operations

General

The figures in the financial statements are rounded to the nearest Dirham of United Arab Emirates.

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Annual Report 2020

Insurance House Website
Chairman’s Statement
Board of Directors
Independent Autidors’ Report

INVESTORS RELATIONS

Statement of Financial Position
Statement of Comprehensive Income
Statement of Changes in Equity
Statement of Cash Flows
Notes To Financial Statements

About us

Our Company
Message from Chairman
Mission & Vision
Corporate Governance

Contact us

600511112

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Annual Report 2019
Privacy Policy
Legal Disclaimer

© 2020 INSURANCE HOUSE PSC. ALL RIGHTS RESERVED.

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Home Page
Independent auditor’s report
Statement of Financial Position
Statement of Income
Statement of Comprehensive Income
Statement of Changes in Equity
Statement of Cash Flows
Notes to the financial statements