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Orient 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: Orient Insurance Company Pjsc Profile Updated: November 01, 2020
Buy our report for this company USD 29.95 Most recent financial data: 2019 Available in: English & Arabic Download a sample report

Arab Orient Insurance Company commenced operations in 1982 as a part of the reputed Al Futtaim Group. The Company is counted now among the leaders in the UAE insurance market. The Company operates in all fields of Insurance. The Company is also actively involved in major landmark projects in the UAE thus strongly contributing to the UAE economy. With head office in Dubai, the company serves its clientele through an extensive branch network in Bur Dubai, Jebel Ali, Sharjah, Abu Dhabi, Al Ain, Dubai Health Care City, Ras Al Khaimah, Sheikh Zayed Road, Mussafah and Muscat, Sultanate of Oman.The Company had been listed in Dubai Financial Market on the 5th of October, 2006. The Company name has been changed to Orient For Insurance dated at 16th of August 2012.

Legal Address
Orient Bldg, Al Badia Business Park D.F.C,P.O:Box: 27966
Dubai; Northern Emirates;

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Website: http://www.insuranceuae.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:
1980
Key Executives
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President
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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
Ownership Details
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90%
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5%
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5%
Subsidiaries
Orient Insurance Limited (Sri Lanka)
100%
Orient Sigorta Anonim Sirketi (Turkey)
100%
Orient Takaful Insurance Company (S.A.E) (Egypt)
60%
Company Performance
Financial values in the chart are available after Orient 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
-1.57%
Operating profit (EBIT)
19.9%
Net Profit (Loss) for the Period
6.61%
Total assets
15.68%
Investments
10.91%
Receivables
20.3%
Total equity
9.81%
Net Premiums Earned Trend
N/A
Net Profit Trend
N/A
Return on Equity (ROE)
-0.34%
Loss Ratio
2.93%

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