I personally love this so much that when I saw it in a store, I had to get it!
I've always thought the story behind it was that the kingdoms were in danger and an Elven royal heard a rumor that their salvation was to be found in an underground cavern filled with water that used to be a temple. When she waded into the water, she saw something shining through and reached down for it to reveal a baby dragon! Of course she was surprised, but the dragon looks kinda smug like it's saying "that's right, I'm your salvation. Deal with it."
So a title would kind of be Surprise Savior... Watery Savior... Or something along those lines.
I was considering asking you if I could use this picture for my first book I'm writing. If I was able too I would write something like this:
A young water dragon made his way to the shore badly injured..... Shira showed the queen the dragon "Can you help him?" She asked. The queen of the Elves took up the young water dragon and walked toward the lake. The other elves gathered around in fascination wondering what she would do. She walked out into the lake nearly waste deep. With soft words she whispered in the Elven language. She whispered so soft that no one could hear what she said..... Suddenly the blue dragon burst from the water ten times his original size!