Company Overview of Emirates Insurance Co (PSC)
Emirates Insurance Company P.S.C. engages in underwriting of general insurance and re-insurance in the United Arab Emirates, Europe, and the United States. The company operates in two segments, Underwriting and Investments. It offers hotel comprehensive/block, jewellers’ block, and office comprehensive insurance products; and general third party liability, workmen’s compensation, fidelity guarantee, and money insurance products. The company also offers group life, group medical, and group personal accident insurance products; and contractors’ all risks/erection all risks, contractors’ plant and equipment, machinery breakdown, and electronic equipment insurance, as well as insurance for loss ...
Emirates Insurance Co Building
Tourist Club Area
PO Box 3856
United Arab Emirates
Founded in 1982
Key Executives for Emirates Insurance Co (PSC)
Emirates Insurance Co (PSC) does not have any Key Executives recorded.
Emirates Insurance Co (PSC) Key Developments
Emirates Insurance Co (PSC), Board Meeting, Jun 10, 2015
Jun 3 15
Emirates Insurance Co (PSC), Board Meeting, Jun 10, 2015., at 11:00 Arab Standard Time. Agenda: To consider financial and operational performance of the company; and to consider any other business matters.
Emirates Insurance Co (PSC), Board Meeting, May 07, 2015
May 5 15
Emirates Insurance Co (PSC), Board Meeting, May 07, 2015., at 07:00 GMT Standard Time. Agenda: To consider financial and operational performance of the company, and any other business matters.
Emirates Insurance Co (PSC) Reports Unaudited Earnings Results for the First Quarter Ended March 31, 2015
May 3 15
Emirates Insurance Co (PSC) reported unaudited earnings results for the first quarter ended March 31, 2015. For the year, the company reported gross premium written of AED 320,949 against AED 253,064 a year ago. Net earned premiums were AED 134,710 against AED 109,330 a year ago. Net underwriting profit was AED 26,393 against AED 26,020 a year ago. Profit for the year was AED 59,334 against AED 49,003 a year ago. Basic and diluted earnings per share were AED 0.44 against AED 0.36 a year ago. Net cash used in operating activities was AED 5,769,069 against net cash from operating activities of AED 20,421,405 a year ago. Payment for purchase of property and equipment was AED 348,752 against AED 566,670 a year ago. Payments for purchase of financial assets were AED 65,181,972 against AED 40,481,533 a year ago.
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