| |
2020 |
2019 |
| |
AED |
AED |
| |
|
|
| Insurance liabilities – gross |
|
|
| Unearned premiums reserve |
79,368,272 |
94,889,993 |
| Claims under settlement reserves |
35,513,092 |
33,791,506 |
| Incurred but not reported claims reserve |
20,133,725 |
23,477,514 |
| Unallocated loss adjustment expenses reserve |
1,549,066
|
1,582,054
|
| |
136,564,155
|
153,741,067
|
| |
|
|
| Reinsurance share of outstanding claims |
|
|
| Unearned premiums reserve |
25,897,275 |
23,878,063 |
| Claims under settlement reserves |
15,199,690 |
15,732,236 |
| Incurred but not reported claims reserve |
1,126,871
|
6,499,160
|
| |
42,223,836
|
46,109,459
|
| |
|
|
| Insurance liabilities – net |
|
|
| Unearned premiums reserve |
53,470,997 |
71,011,930 |
| Claims under settlement reserves |
20,313,402 |
18,059,270 |
| Incurred but not reported claims reserve |
19,006,854 |
16,978,354 |
| Unallocated loss adjustment expenses reserve |
1,549,066
|
1,582,054
|
| |
94,340,319
|
107,631,608
|
