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Al Fujairah National Insurance Company Pjsc (United Arab Emirates)

Main Activities: Direct Life, Health, and Medical Insurance Carriers | Direct Insurance (except Life, Health, and Medical) Carriers
Full name: Al Fujairah National Insurance Company Pjsc Profile Updated: March 13, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English Download a sample report

Al Fujairah National Insurance Company is a public shareholding company headquartered in the Emirate of Al Fujairah. It was incorporated in 1976 and it has been listed on Abu Dhabi Stock Exchange since 2007. The company specializes mainly in offering a wide range of insurance services, including automobile, aviation, energy, liability, life, medical, marine, property, engineering and projects insurance. Al Fujairah National Insurance Company operates in Fujairah, Dubai, Abu Dhabi and Sharjah. The number of the employees in the company is approximately 200.

Headquarters
8Th Floor, Insurance Bldg, Hamad Bin Abdullah Street, P.O. Box 277
Fujairah Free Zone; Fujairah Free Zone;

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Website: http://www.afnic.ae

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
1976
Key Executives
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Chairperson
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Vice Chairperson
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General Manager
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Outside Director
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Outside Director
Ownership Details
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16.811%
Company Performance
Financial values in the chart are available after Al Fujairah National Insurance Company Pjsc report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency AED. Absolute financial data is included in the purchased report.
Net insurance premium revenue
8.73%
Operating profit (EBIT)
-51.74%
Net Profit (Loss) for the Period
-58.57%
Total assets
2.63%
Investments
2.89%
Total equity
-2.1%
Net Premiums Earned Trend
7.12%
Net Profit Trend
N/A
Return on Equity (ROE)
-1.76%
Loss Ratio
-43.08%
Underwriting Expenses Ratio
-45.23%

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