Last 3.24 AED
Change Today 0.00 / 0.00%
Volume 0.0
ABNIC On Other Exchanges
Symbol
Exchange
Abu Dhabi
As of 6:00 AM 09/15/14 All times are local (Market data is delayed by at least 15 minutes).

al buhaira national insuranc (ABNIC) Snapshot

Open
3.24
Previous Close
3.24
Day High
3.24
Day Low
3.24
52 Week High
07/10/14 - 4.70
52 Week Low
06/1/14 - 2.35
Market Cap
810.0M
Average Volume 10 Days
250.0
EPS TTM
0.06
Shares Outstanding
250.0M
EX-Date
05/8/14
P/E TM
54.0x
Dividend
--
Dividend Yield
--
Current Stock Chart for AL BUHAIRA NATIONAL INSURANC (ABNIC)

Related News

No related news articles were found.

al buhaira national insuranc (ABNIC) Related Businessweek News

No Related Businessweek News Found

al buhaira national insuranc (ABNIC) Details

Al Buhaira National Insurance Company P.S.C. operates as an insurance company in the United Arab Emirates. It offers property insurance products for fire and allied perils that cover various losses or damages by fire, lightning, and other named allied perils, including burglary; for property risks, which cover property insured that is accidentally physically lost, destroyed, or damaged; and for business interruption following insured perils, as well as for householders. The company also provides engineering insurance solutions that cover contractors all risk, contractors plant and machinery, erections all risks, electronic equipment, machinery breakdown, loss of profit following machinery breakdown, and deterioration of stock; insurance for energy risks, such as material damage, business interruption, contingent business interruption, and downstream liabilities to the oil and gas, petrochemicals, electric utilities, and other entities; and insurance for marine cargo, freight forwarder's legal liability, marine hull, yachts and pleasure crafts, marine liabilities, and the general aviation and airline industry. In addition, it provides group medical insurance plans, life insurance schemes, and visit Visa insurance; insurance coverage for banker’s blanket, boiler and pressure plant, theft/robbery/holdup, fidelity guarantee, personal accident, jeweller’s block, money, plate glass, professional indemnity, directors’ and officers’ liability, public liability, workmen’s compensation, employer’s liability, medical malpractice, and contingency risks; motor insurance; and travel insurance. Al Buhaira National Insurance Company P.S.C. was founded in 1978 and is headquartered in Sharjah, the United Arab Emirates.

Founded in 1978

al buhaira national insuranc (ABNIC) Top Compensated Officers

No compensation data is available at this time for the top officers at this company.

Executives, Board Directors

al buhaira national insuranc (ABNIC) Key Developments

Al Buhaira National Insurance Company P.S.C. Announces Unaudited Consolidated Earnings Results for Second Quarter and Six Months Ended June 30, 2014

Al Buhaira National Insurance Company P.S.C. announced unaudited consolidated earnings results for second quarter and six months ended June 30, 2014. For the quarter, the company reported insurance premium revenue of AED 116,006,796, net insurance premium revenue of AED 44,170,905 and profit for the period of AED 5,674,500 or AED 0.02 basic earnings per share, compared to the insurance premium revenue of AED 117,404,279, net insurance premium revenue of AED 45,177,893 and profit for the period of AED 7,326,894 or AED 0.03 basic earnings per share, for the same quarter a year ago. For the year to date, the company reported insurance premium revenue of AED 293,309,284, net insurance premium revenue of AED 112,633,600 and profit for the period of AED 31,159,450 or AED 0.12 basic earnings per share, compared to the insurance premium revenue of AED 299,024,186, net insurance premium revenue of AED 124,187,610 and profit for the period of AED 24,846,778 or AED 0.10 basic earnings per share, for the same period a year ago. Net cash generated from operating activities was AED 1,386,375 against AED 5,411,022 for the same period a year ago. Purchase of property and equipment was AED 628,118 against AED 75,932 for the same period a year ago.

Al Buhaira National Insurance Company P.S.C. Announces Consolidated Earnings Results for the First Quarter Ended March 31, 2014

Al Buhaira National Insurance Company P.S.C. announced consolidated earnings results for the first quarter ended March 31, 2014. For the quarter, the company reported net insurance premium revenue was AED 68,462,695 against AED 79,009,717 a year ago. Net underwriting profit was AED 19,077,986 against AED 18,015,242 a year ago. Profit for the period was AED 25,484,950 or AED 0.10 per basic share against AED 17,519,883 or AED 0.10 per basic share a year ago. Net cash used in operating activities was AED 14,994,418 against net cash generated from operating activities of AED 7,109,913 a year ago. Purchase of property and equipment was AED 595,130 against AED 222,995 a year ago.

Al Buhaira National Insurance Company P.S.C. Reports Consolidated Earnings Results for the Year Ended December 31, 2013

Al Buhaira National Insurance Company P.S.C. reported consolidated earnings results for the year ended December 31, 2013. For the year, the company reported net insurance premium of AED 221,557,952 compared to AED 255,511,103 a year ago. Net commission earned was AED 80,386,022 compared to AED 95,016,958 a year ago. Net underwriting profit was AED 21,875,315 compared to AED 49,025,035 a year ago. Profit for the year was AED 10,372,006 compared to AED 17,112,697 a year ago. Basic earnings per share were AED 0.04 compared to AED 0.07 a year ago. Net cash used in operating activities was AED 43,409,427 compared to AED 17,993,202 a year ago. Purchase of property and equipment were AED 592,111 against AED 1,042,314 a year ago. Addition to investment property was AED 2,103,421 against AED 15,285,935 a year ago.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
ABNIC:UH 3.24 AED 0.00

ABNIC Competitors

Market data is delayed at least 15 minutes.

Company Last Change
No competitor information is available for ABNIC.
View Industry Companies
 

Industry Analysis

ABNIC

Industry Average

Valuation ABNIC Industry Range
Price/Earnings 48.5x
Price/Sales 2.3x
Price/Book 1.3x
Price/Cash Flow 48.5x
TEV/Sales 0.8x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact AL BUHAIRA NATIONAL INSURANC, please visit www.albuhaira.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.