Abu Dhabi – Mubasher: Dubai Islamic Insurance and Reinsurance Company “Aman”, listed on the Dubai Financial Market, disclosed the size and percentage of its accumulated losses and ways to address them.
The company stated, in a statement to the Dubai Financial Market, today, Tuesday, that the amount of accumulated losses amounted to 134.5 million dirhams, which constitutes 60% of its capital, which amounted to 225.8 million dirhams.
She added that the main reasons that led to these accumulated losses were the sale of investments in shares within the company’s corrective plans, and the negative impact of the subsidiaries in recent years.
She pointed out that the measures that will be taken to address the accumulated losses are to reduce costs, increase sales, focus on the company’s operational operations, and increase operating profits in a balanced path while raising the efficiency of investment profits.
In addition to high-quality and prudent subscriptions, proceeding with the automation of data and information in systems, raising the level of customer service efficiency, accelerating the company’s digital transformation strategy to progress and keeping pace with technological development to serve the company and its customers.