2007 FINANCIAL HIGHLIGHTS  
 
Al Sagr has been consistently registering excellent growths in premium volume, underwriting results and investment returns since its establishment in the year 1979.
 
The Gross Written Premium for 2008 has shown a growth of 34% to reach at AED457 Million. The Net Profit registered for 2008 was AED 67.1 million despite the unfavourable conditions in the regional stock market.
 

The Net Operating Profit soared to AED 58.7 million, representing 26% growth, compared to the previous year.

  The Total Assets as at 31st December 2008 stood at AED 1,250,724,966; a growth of 7% over the previous year
Shareholders’ Equity reached AED 567,844,001 as at 31st December 2008, as against AED 472,376,847 in the previous year

Certain highlights of the financials are furnished below along with corresponding figures for 2007, at the end of each year:

2008
AED('000)
2007
AED('000)
Gross Written Premium
457,431
341,862
Net Underwriting Profit
58,709
46,464
Total Assets
1,250,725
1,165,483
Share Capital
200,000
100,000
Total Equity
567,844
472,377