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Arabian Scandinavian Insurance Company Plc-Takaful-Ascana Insurance (United Arab Emirates)

Main Activities: Direct Life, Health, and Medical Insurance Carriers | Direct Insurance (except Life, Health, and Medical) Carriers
Full name: Arabian Scandinavian Insurance Company Plc-Takaful-Ascana Insurance Profile Updated: March 12, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Arabian Scandinavian Insurance Company is a United Arab Emirates-based public shareholding company established in 1979 and provides life and non-life insurance products and services to individuals, corporations and government departments through its offices located in Dubai and Abu Dhabi. The Company offers its services through seven main segments, namely Motor Insurance, which covers vehicles against loss, damage and third party liability; Engineering Cover offers contractors all risks and machinery breakdown; Bank’s Protection offers bankers all risks, money insurance and loan schemes; Property Cover offers hoteliers’ comprehensive insurance, fire and allied perils (including burglary), and property all risks; Medical Insurance offers FLEXICARE, which is a tailor-made scheme to suit specific client needs; Marine Insurance offers marine hull and marine cargo insurance, and General Accident offers professional indemnity, personal accident, money insurance, workman’s compensation and travel protection.

Headquarters
61A Street Entrance B 3Rd, Al Garhoud Road Al Kazim Building, P.O Box 1993
Dubai; Northern Emirates;

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Website: http://ascanatakaful.ae

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
1978
Key Executives
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Chairperson
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Vice Chairperson
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Director / Member of the Management Board
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Director / Member of the Management Board
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Director / Member of the Management Board
Company Performance
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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
N/A
Operating profit (EBIT)
-155.4%
Net Profit (Loss) for the Period
-155.4%
Total assets
-19.36%
Investments
-55.66%
Total equity
-30.31%
Net Premiums Earned Trend
N/A
Net Profit Trend
N/A
Return on Equity (ROE)
-31.74%
Loss Ratio
N/A
Underwriting Expenses Ratio
N/A

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