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Hamraa Insurance Company Pjsc (الحمراء للتأمين) (Iraq)

Main Activities: Direct Life, Health, and Medical Insurance Carriers | Direct Insurance (except Life, Health, and Medical) Carriers | Insurance Agencies and Brokerages
Full name: Hamraa Insurance Company Pjsc Profile Updated: October 23, 2025
Buy our report for this company USD 29.95 Most recent financial data: 2024 Available in: English Download a sample report

Hamraa Insurance Company Pjsc (الحمراء للتأمين) is based in Iraq. The head office is in Baghdad. It operates in the Direct Life, Health, and Medical Insurance Carriers sector. It was established on May 08, 2026. 11 - 50 (2024) employees currently work for Hamraa Insurance Company Pjsc (الحمراء للتأمين). In Q3C2025, the company reported a net sales revenue increase of 223.75%. Its’ total assets recorded a growth of 58.39%.

Headquarters
Arsat Al Hindiya - Locality 929, Alley 23 - Building 27, P.O Box 10491 Karrada
Baghdad; Baghdād; Postal Code: 10491

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Website: http://www.alhamraains.com

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
May 08, 2026
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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63%
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2.772%
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2.772%
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2.604%
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0.466%
Company Performance
Financial values in the chart are available after Hamraa Insurance Company Pjsc (الحمراء للتأمين) report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency IQD. Absolute financial data is included in the purchased report.
Net Insurance Premium Revenue
223.75%
Operating Profit
253.95%
Net Profit/Loss for the Period
259.15%
Total Assets
58.39%
Receivables
393.59%
Total Equity
29.05%
Net Premiums Earned Trend
201.42%
Net Profit Trend
183.88%
Return on Equity (ROE)
19.24%
Loss Ratio
-1.17%
Underwriting Expenses Ratio
-3.62%

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