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United Fidelity Insurance Company (Public Shareholding Company) (United Arab Emirates)

Main Activities: Direct Health and Medical Insurance Carriers | Direct Insurance (except Life, Health, and Medical) Carriers
Full name: United Fidelity Insurance Company (Public Shareholding Company) 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

United Fidelity Insurance Company, formerly United Insurance Company P.S.C., is a United Arab Emirates-based public shareholding company commissioned in the year 1978, in the United Arab Emirates. The registered head office is in the emirate of Ras Al Khaimah. The Company is engaged in the provision of general insurance services, other than life insurance. The Company covers risks related to such areas as: engineering, including deterioration of stock and erection risks, among others; fire & allied perils; general accidents, including burglary and personal accidents; marine risks, including damages during transportation; motor vehicles risks, such as loss or damage of vehicle, and medical risks, covered through a comprehensive medical scheme. United Insurance Company P.S.C. operates through its five branches located in : Ras Al Khaimah, Dubai, Sharjah, Abu Dhabi and Al Quoz. The Company had been listed in Abu Dhabi Securities Market on the 2nd of April, 2008.

Headquarters
Business Bay,The Opus Tower, Block B, Office B703, P.O Box 1888
Dubai; Northern Emirates; Postal Code: 1888

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Website: http://www.fidelityunited.ae

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
1975
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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Chief Executive Officer
Ownership Details
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40%
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34.878%
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15%
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9.375%
Company Performance
Financial values in the chart are available after United Fidelity Insurance Company (Public Shareholding Company) 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
-38%
Operating profit (EBIT)
N/A
Net Profit (Loss) for the Period
N/A
Total assets
-15.23%
Investments
5.21%
Total equity
-6.54%
Net Premiums Earned Trend
-18.03%
Net Profit Trend
-1047.22%
Return on Equity (ROE)
N/A
Loss Ratio
-71.25%

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