Takaful Emarat announced its financial results for 2020, reporting record financial results, with net comprehensive income reaching Dh7 million, compared to a Dh37 million loss recorded the year before.
The promising results from the Dubai Financial Market-listed Shariah-compliant life and health takaful provider come amid wide uncertainty and financial turmoil around the globe caused by the Covid-19 crisis.
These results follow a comprehensive restructuring during which the company maintained salaries and benefits for all employees, in a step that highlights its HR-centred approach and a deep confidence in its ability to overcome the implications of the pandemic.
They are a testimony for the company’s strategy in leveraging innovation and focusing on digital solutions, which contributed to strengthening Takaful Emarat’s leading position in the insurance sector in the UAE.
