National General Insurance Co PJSC 2023 IR
The report outlines National General Insurance Co.'s financial and sustainability performance for the fiscal year 2023. The company achieved a net profit of AED 74.8 million, representing a 24% increase from 2022, and grew its insurance revenue by 20% to AED 745.7 million. On the ESG front, NGI made its inaugural green investment of AED 7.3 million and has AED 153.1 million in ESG-rated bonds. The company also achieved 43% female participation in its workforce and successfully transitioned to IFRS 17 standards. Additionally, NGI continued its digitalization efforts to reduce paper usage and enhance operational efficiency.
Company: National General Insurance Co PJSC
Sector: Financials
Country: United Arab Emirates
Year: 2023
Type: IR
Pages: 174
National General Insurance Co PJSC
Annual Integrated Report
The report outlines National General Insurance Co.'s financial and sustainability performance for the fiscal year 2023. The company achieved a net profit of AED 74.8 million, representing a 24% increase from 2022, and grew its insurance revenue by 20% to AED 745.7 million. On the ESG front, NGI made its inaugural green investment of AED 7.3 million and has AED 153.1 million in ESG-rated bonds. The company also achieved 43% female participation in its workforce and successfully transitioned to IFRS 17 standards. Additionally, NGI continued its digitalization efforts to reduce paper usage and enhance operational efficiency.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Women on Board
Employees