24 Insurance receivable and contract assets

	2022	2021
	AED’000	AED’000
Insurance receivables	145,365	98,679
Re-insurance contract assets	102,578	77,279
	————————-	————————-
	247,943	175,958
	=============	=============
Insurance Receivables
	2022	2,021
	AED’000	AED’000
Due from policyholders	49,374	41,840
Due from brokers and agencies	12,932	12,687
Due from insurance and reinsurance companies	91,984	52,914
	————————-	————————-
	154,290	107,441
Expected credit loss	(9,110)	(9,110)
	————————-	————————-
	145,180	98,331
Refundable deposits and other advances	185	348
	————————-	————————-
Premium and insurance balances receivables –	145,365	98,679
net	=============	=============

 

Reinsurance share of outstanding claims

	2022	2021
	AED’000	AED’000
Unearned premiums reserve	58,904	39,580
Claims under settlement reserves	26,580	30,655
Incurred but not reported claims reserve	17,094	7,044
	————————-	————————-
	102,578	77,279
	=============	=============