March 24, 2017 12:03 PM ET


Company Overview of Emirates Insurance Company P.S.C.

Company Overview

Emirates Insurance Company P.S.C. engages in general insurance and reinsurance businesses in the United Arab Emirates and internationally. The company operates through two segments, Underwriting and Investments. It offers property insurance products, including fire and allied perils, property all risk, consequential loss, house holders comprehensive, plate glass, and terrorism insurance products; and engineering insurance products, such as contractors’ all risks/erection all risks, contractors’ plant and equipment, machinery breakdown, and electronic equipment insurance products, as well as insurance for loss and damage to stock in cold storage. The company also employee benefit insurance pr...

Emirates Insurance Co Building

Al Zahiya (Tourist Club Area)

PO Box: 3856

Abu Dhabi,  

United Arab Emirates

Founded in 1982


971 2 6440 400


971 2 6445 227

Key Executives for Emirates Insurance Company P.S.C.

Emirates Insurance Company P.S.C. does not have any Key Executives recorded.

Emirates Insurance Company P.S.C. Key Developments

Emirates Insurance Company P.S.C., Board Meeting, Mar 16, 2017

Emirates Insurance Company P.S.C., Board Meeting, Mar 16, 2017. Agenda: To adopt some of the administrative matters.

Emirates Insurance Company P.S.C., Annual General Meeting, Mar 22, 2017

Emirates Insurance Company P.S.C., Annual General Meeting, Mar 22, 2017, at 12:30 Indian Standard Time. Location: Beach Rotana Hotel Abu Dhabi United Arab Emirates Agenda: To approve the director’s report concerning the company’s activities and financial statements for the year ended December 31, 2016; to review and approve the auditor’s report for the year ended 31 December 2016; to consider and approve the financial statements of the company for the year ended 31 December 2016; to discharge the members of Board of Directors from their liabilities for the fiscal year ended 31 December 2016; to discharge the auditors from their liabilities for the fiscal year ended 31 December 2016; to appoint auditors of the company of the year 2017 and determine their remuneration; and to approve board of director changes.

Emirates Insurance Company P.S.C. Reports Earnings Results for the Year Ended December 31, 2016

Emirates Insurance Company P.S.C. reported earnings results for the year ended December 31, 2016. For the year, the company reported net premium of AED 471,749,000 against AED 434,778,000 a year ago. Net premiums earned were AED 462,448,000 against AED 417,824,000 a year ago. Net underwriting income was AED 124,599,000 against AED 124,295,000 a year ago. Profit for the year was AED 87,178,000 against AED 89,633,000 a year ago. Basic and diluted earnings per share were AED 0.58 against AED 0.60 a year ago. Net cash generated by operating activities was AED 73,747,000 against AED 82,917,000 a year ago. Payment for purchase of property and equipment was AED 3,481,000 against AED 623,000 a year ago. Payments for purchase of financial assets were AED 318,145,000 against AED 220,642,000 a year ago.

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Recent Private Companies Transactions

No transactions available in the past 12 months.

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