
Six major insurance companies in the UAE announced their financial results for the first nine months of 2021. According to the statement, 'Al Ittihad' recorded a net profit of 22.74 million dirhams, while 'Fujairah National Insurance' earned 15.96 million dirhams during the same period.
Shahin Muhammad El Mari, General Director of 'Al Ittihad', noted the successful re-profiling of the company’s investment portfolio, which led to an improvement in profitability and sustainability. In 'Fujairah National Insurance', they also expressed satisfaction with the results, emphasizing the importance of teamwork in achieving positive profitability indicators.