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Ras Al Khaimah National Insurance Company P.S.C. (United Arab Emirates)

Main Activities: Direct Life Insurance Carriers | Direct Insurance (except Life, Health, and Medical) Carriers
Full name: Ras Al Khaimah National Insurance Company P.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

Ras Al Khaimah National Insurance Co. is a public shareholding company incorporated in the Emirate of Ras Al-Khaimah, United Arab Emirates and established in the 23rd of November, 1974. It undertakes all classes of insurance business, including life insurance, saving and accumulation of funds. In addition to its head office, the Company has two further branches located in Dubai and Abu Dhabi, United Arab Emirates.

Headquarters
6/F Rakbank Building Al Jazeera, Sheikh Saqr Bin Mohammad Al Qasimi R/18, P.O Box 506
Ras Al Khaimah; Northern Emirates;

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Website: http://www.rakinsurance.com

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
1974
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
Ownership Details
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15.901%
Company Performance
Financial values in the chart are available after Ras Al Khaimah National Insurance Company P.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
-31.72%▼
Operating profit (EBIT)
53.39%▲
Net Profit (Loss) for the Period
N/A
Total assets
-17.23%▼
Investments
14.83%▲
Total equity
-4.74%▼
Net Premiums Earned Trend
-27.4%▼
Net Profit Trend
203.61%▲
Return on Equity (ROE)
N/A
Loss Ratio
-36.82%▼
Underwriting Expenses Ratio
-46.31%▼

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