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    CONTENT
    • Home Page
    • Independent auditor’s report
    • Statement of Financial Position
    • Statement of profit or loss and other comprehensive income
    • Statement of Changes in Equity
    • Statement of Cash Flows
    • Notes to the financial statements

    NOTES TO FINANCIAL STATEMENT

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    • 1 Legal status and activities
    • 2 General information
    • 3 Material Accounting Policies
    • 4 Property and equipment
    • 5 Insurance and reinsurance contracts
    • 6 Financial assets
    • 7 Statutory deposits
    • 8 Other receivables and prepayments
    • 9 Cash and cash equivalents
    • 10 Capital and reserves
    • 11 Provision for employees’ end-of-service benefits
    • 12 Other payables
    • 13 Income from investments
    • 14 General and administrative expenses
    • 15 Earnings per share – Basic and diluted
    • 16 Risk management
    • 17 Related party balances and transactions
    • 18 Segment information
    • 19 Commitments and contingencies
    • 20 Corporate tax
    • 21 Subsequent events
    • 22 Restatement
    • 23 Changes in reinsurance agreements
    • 24 General
    • 25 Approval of financial statements

    Commitments and contingencies

    The Company’s bankers have issued in the normal course of business letters of guarantee in favor of third parties amounting to AED 6.7 million (31 December 2022: AED 6.9 million).




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    Annual Report 2023

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    • Chairman’s Statement
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    INVESTORS RELATIONS

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

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    © 2023 INSURANCE HOUSE PSC. ALL RIGHTS RESERVED.
    • Home Page
    • Independent auditor’s report
    • Statement of Financial Position
    • Statement of profit or loss and other comprehensive income
    • Statement of Changes in Equity
    • Statement of Cash Flows
    • Notes to the financial statements