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Sharjah Insurance Company Psc (United Arab Emirates)

Main Activities: Direct Life, Health, and Medical Insurance Carriers | Direct Insurance (except Life, Health, and Medical) Carriers
Full name: Sharjah Insurance Company Psc 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

Sharjah Insurance Public Share Holding Company that was established in 1970 under the decree of H.H. the Ruler of Sharjah and is registered with the U.A.E. Federal Ministry of Economy under Registration No.12. Sharjah Insurance Company (SICO) has the distinction of being the first National Insurance Company to have been established in Sharjah. The Company had been listed in Abu Dhabi Securities Market in year 2005 and its share is traded as a premier stock. The Company is primarily engaged in general life and non-life insurance activities.

Headquarters
1, 2 Floors, Al Raha Towers, Corniche Al Mamsar, Al Khan, P.O. Box 792
Al Sharjah; Northern Emirates;

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Website: http://www.shjins.com

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
1970
Key Executives
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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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General Manager
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Managing Director
Ownership Details
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29.788%
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17.873%
Company Performance
Financial values in the chart are available after Sharjah Insurance Company Psc 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
946.15%
Operating profit (EBIT)
-37.69%
Net Profit (Loss) for the Period
-35.88%
Total assets
-5.34%
Investments
2.03%
Total equity
4.15%
Net Premiums Earned Trend
N/A
Net Profit Trend
N/A
Return on Equity (ROE)
-3.71%
Loss Ratio
251.29%
Underwriting Expenses Ratio
-2529.61%

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