| |
2021 |
2020 |
| |
AED |
AED |
| |
|
|
| Insurance liabilities – gross |
|
|
| Unearned premiums reserve |
81,376,612 |
79,368,272 |
| Claims under settlement reserves |
51,604,277 |
35,513,092 |
| Incurred but not reported claims reserve |
28,869,141 |
20,133,725 |
| Unexpired risk reserve |
252,338 |
– |
| Unallocated loss adjustment expenses reserve |
2,256,961 |
1,549,066 |
| |
164,359,329
|
136,564,155
|
| |
|
|
| Reinsurance share of outstanding claims |
|
|
| Unearned premiums reserve |
39,580,062 |
25,897,275 |
| Claims under settlement reserves |
30,655,061 |
15,199,690 |
| Incurred but not reported claims reserve |
7,043,918 |
1,126,871 |
| |
77,279,041
|
42,223,836
|
| |
|
|
| Insurance liabilities – net |
|
|
| Unearned premiums reserve |
41,796,550 |
53,470,997 |
| Claims under settlement reserves |
20,949,216 |
20,313,402 |
| Incurred but not reported claims reserve |
21,825,223 |
19,006,854 |
| Unexpired risk reserve |
252,338 |
– |
| Unallocated loss adjustment expenses reserve |
2,256,961 |
1,549,066 |
| |
87,080,288
|
94,340,319
|
