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Emirates Insurance Company P.J.S.C (United Arab Emirates)

Main Activities: Direct Health and Medical Insurance Carriers | Direct Insurance (except Life, Health, and Medical) Carriers
Full name: Emirates Insurance Company P.J.S.C Profile Updated: March 12, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English Download a sample report

Emirates Insurance Company P.J.S.C is a pioneering insurance company located in Abu Dhabi. It was established in 1982 by virtue of law No 6 issued by Sheikh Zayed Bin Sultan Al Nahayan. Initially, the company operated from its only branch in Abu Dhabi with a small number of staff. However, after 30 years of dedicated service and commitment, Emirates Insurance Company has expanded its operations and now operates from 30 offices across the country, employing over 250 staff. Emirates Insurance Company is listed on the Abu Dhabi Securities Market and is considered one of the best insurance companies in the United Arab Emirates and the GCC region. It is currently the 4th largest insurance company based on Gross Written Premium. The company holds the well-respected AM Best "A-" Rating, which reflects its financial strength and professional management.

Headquarters
Emirates Insurance Co. Bldng., Tourist Club Area Alzahiya, P.O. Box 3856
Abu Dhabi; Northern Emirates;

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Website: http://www.eminsco.com

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:
1982
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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Chief Executive Officer
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Chief Financial Officer
Ownership Details
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11.81%
Company Performance
Financial values in the chart are available after Emirates Insurance Company P.J.S.C 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
5.11%
Operating profit (EBIT)
524.95%
Net Profit (Loss) for the Period
234.23%
Total assets
-19.6%
Investments
37.76%
Total equity
12.11%
Net Premiums Earned Trend
N/A
Net Profit Trend
N/A
Return on Equity (ROE)
4.81%
Loss Ratio
-23.7%
Underwriting Expenses Ratio
-53.12%

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