Emirates Insurance Company P.S.C. is engaged in the 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 fo...
Emirates Insurance Co Building
Tourist Club Area
PO Box 3856
United Arab Emirates
Founded in 1982
Emirates Insurance Co (PSC) Announces Unaudited Consolidated Earnings Results for the Half Year Ended June 30, 2014
Aug 7 14
Emirates Insurance Co (PSC) announced unaudited consolidated earnings results for the half year ended June 30, 2014. For the period, the company reported net earned premium of AED 102,921,298 against AED 75,622,790 a year ago. Net underwriting income was AED 8,101,477 against AED 8,090,015 a year ago. Profit for the period was AED 40,400,162 against AED 21,773,230 a year ago. Basic and diluted earnings per share were AED 0.30 against AED 0.16 a year ago.
For the six months, the company reported net earned premium of AED 212,251,018 against AED 161,570,112 a year ago. Net underwriting income was AED 34,121,812 against AED 35,786,473 a year ago. Profit for the period was AED 89,403,462 against AED 59,064,731 a year ago. Basic and diluted earnings per share were AED 0.66 against AED 0.44 a year ago. Net cash generated by operating activities was AED 38,494,982 against AED 60,871,647 a year ago. Payments for purchase of property, plant and equipment was AED 923,407 against AED 545,639 a year ago.
Emirates Insurance Co (PSC), Special/Extraordinary Shareholders Meeting, Jul 03, 2014
Jun 16 14
Emirates Insurance Co (PSC), Special/Extraordinary Shareholders Meeting, Jul 03, 2014. Agenda: To appoint directors.
Emirates Insurance Co (PSC), Board Meeting, Apr 30, 2014
Apr 23 14
Emirates Insurance Co (PSC), Board Meeting, Apr 30, 2014., at 07:00 GMT Standard Time. Agenda: To consider various company secretarial matters; and to consider any other matters.