National General Insurance Co. (P.J.S.C.) (DFM:NGI)

DFM:NGI Balance Sheet

Financials in millions AED. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Other Investments	947.98	877.31	697.58	518.99	582.76	329.93
Total Investments	1,023	952.76	883.58	704.14	767.47	510.74
Cash & Equivalents	74.8	52.42	74.88	116.36	54.4	216.06
Reinsurance Recoverable	329.26	464.82	250.1	242.1	387.52	384.15
Other Receivables	17.91	16.2	11.15	2.32	150.64	147
Deferred Policy Acquisition Cost	-	-	-	-	27.53	24.07
Separate Account Assets	114.02	89.26	67.63	47.88	51.54	47.41
Property, Plant & Equipment	23.63	24.62	25.55	26.87	27.23	25.69
Other Intangible Assets	1.59	2.17	3.16	5.41	3.71	2.81
Restricted Cash	10	10	10	10	10	10
Other Current Assets	24.11	23.04	15.37	16.4	2.84	2.39
Other Long-Term Assets	19.6	18.6	17.7	17.6	21.6	17
Total Assets	1,638	1,654	1,359	1,189	1,504	1,387
Accrued Expenses	-	38.1	20.11	11.07	23.58	10.86
Insurance & Annuity Liabilities	895.47	904.06	744.29	617.23	97.1	83.23
Unpaid Claims	-	-	-	-	316.63	314.98
Unearned Premiums	-	-	-	-	262.71	244.35
Reinsurance Payable	5.96	23.08	4.02	3.31	76.53	53.21
Current Income Taxes Payable	8.04	8.91	-	-	-	-
Long-Term Debt	-	-	-	-	6.8	6.81
Long-Term Deferred Tax Liabilities	2.77	1.7	-	-	-	-
Separate Account Liability	-	-	-	-	51.54	47.41
Other Current Liabilities	26.38	17.9	2.54	5.46	59.06	66.45
Other Long-Term Liabilities	-	-	-	-	65.79	57.21
Total Liabilities	955.86	1,009	785.66	650.36	971.39	896.93
Common Stock	164.95	164.95	149.95	149.95	149.95	149.95
Retained Earnings	526.43	495.09	426.9	394.39	381.19	336.3
Comprehensive Income & Other	-8.88	-15.42	-3.4	-5.61	1.93	4.12
Shareholders' Equity	682.5	644.63	573.46	538.73	533.07	490.38
Total Liabilities & Equity	1,638	1,654	1,359	1,189	1,504	1,387
Filing Date Shares Outstanding	164.95	164.95	164.95	164.95	164.95	164.95
Total Common Shares Outstanding	164.95	164.95	164.95	164.95	164.95	164.95
Total Debt	-	-	-	-	6.8	6.81
Net Cash (Debt)	74.8	52.42	74.88	116.36	47.6	209.26
Net Cash Growth	57.92%	-29.99%	-35.65%	144.48%	-77.25%	121.03%
Net Cash Per Share	0.45	0.32	0.45	0.71	0.29	1.27
Book Value Per Share	4.14	3.91	3.48	3.27	3.23	2.97
Tangible Book Value	680.91	642.45	570.3	533.32	529.37	487.57
Tangible Book Value Per Share	4.13	3.89	3.46	3.23	3.21	2.96
Land	-	36.6	36.6	36.6	36.6	34.31
Machinery	-	22.35	21.51	21.06	19.77	19.16

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.