insurance house (IH:Abu Dhabi)

Last 1.36 AED

Change Today 0.00 / 0.00%

Volume 0.0

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IH:UH

Abu Dhabi

As of 6:00 AM 05/16/13 All times are local (Market data is delayed by at least 15 minutes).

insurance house (IH) Snapshot

Open 1.36		Previous Close 1.36
Day High 1.36		Day Low 1.36
52 Week High 04/1/13 - 1.65		52 Week Low 09/20/12 - 0.90
Market Cap 163.2M		Average Volume 10 Days 2.9K
EPS TTM 0.07		Shares Outstanding 120.0M
EX-Date --		P/E TM 20.6x
Dividend --		Dividend Yield --

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insurance house (IH) Details

Insurance House PSC provides insurance products and services primarily in the United Arab Emirates. It offers private and commercial motor insurance; engineering insurance products, including contractor's all risk, erection all risks, contractor's plant, boilers and pressure vessels, machinery breakdown, LOP - machinery breakdown, electronic equipments, and deterioration of stock; marine insurance products comprising cargo in transit, pleasure yachts, and hull, machinery, and liabilities; and individual and group health insurance. The company also provides individual and group personal accident, and travel assist insurance products; aviation insurance; oil and energy insurance; and property and casualty insurance products consisting of fire and allied perils, public and product liability, personal accident, property all risks, professional indemnity, medical malpractice, banker's blanket bond, fidelity, workmen’s compensation, jeweller's block, business interruption, and money. In addition, it offers household, advance loss of profit, burglary, protection and indemnity, live stock, contingency, and travel insurance products. The company is headquartered in Abu Dhabi, the United Arab Emirates.

Detailed IH:UH Company Description...

www.insurancehouse.ae

insurance house (IH) Top Compensated Officers

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Executives, Board Directors

insurance house (IH) Key Developments

Insurance House PSC Announces Unaudited Consolidated Earnings Results for the Period from January 1, 2013 to March 31, 2013

Apr 17 13

Insurance House PSC announced unaudited consolidated earnings results for the period from January 1, 2013 to March 31, 2013. For the period, the company reported premium income earned were AED 18,332,721 against AED 7,810,986 a year ago. Net earned premium was AED 13,419,718 against AED 6,458,576 a year ago. Net underwriting profit was AED 4,929,223 against AED 2,927,431 a year ago. Profit for the period was AED 3,110,274 or AED 0.0259 per share against AED 2,687,899 or AED 0.0224 per share a year ago. Net cash flow used in operating activities was AED 366,442 against AED 1,138,807 a year ago. Purchase of property and equipments was AED 110,375 against AED 439,494 a year ago.

Insurance House PSC Approves Resignation of Mashwi Yaad Bayaat as Board Member

Mar 25 13

Insurance House PSC at its AGM held on March 24, 2013 approved the resignation of the board member Mr. Mashwi Yaad Bayaat.

Insurance House PSC Reports Earnings Results for the Year Ended 2012

Feb 18 13

Insurance House PSC reported earnings results for the year ended 2012. For the period, the company reported net profit of AED 7.54 million during the first financial reporting period since date of commencement of operations, compared to a projected loss of AED 7.46 million at the end of the first full year of operations as per the IPO Prospectus. Net underwriting profit after deducting operating expenses was AED 8.5 million, which equates to 10.8% of GPW.