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Orient Insurance Company Pjsc (United Arab Emirates)

Main Activities: Direct Life, Health, and Medical Insurance Carriers | Direct Insurance (except Life, Health, and Medical) Carriers
Full name: Orient Insurance Company Pjsc Profile Updated: August 01, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

insuranceuae, also known as Orient Insurance, operates in the insurance industry, providing solutions for businesses, multilateral organizations, non-government organizations, educational institutions, and nations. Their target market includes Expo 2020 participants and the UAE. Orient Insurance reported a Gross Written Premium of AED 3.9 Billion and Net Profit of AED 425 Million in 2019. Their products and services include property insurance for iconic architecture and liability coverage.

Headquarters
Orient Bldg, Al Badia Business Park D.F.C, P.O:Box: 27966
Dubai; Northern Emirates;

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Website: http://www.insuranceuae.com

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
1980
Key Executives
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President
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President
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President
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Vice President
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Vice President
Ownership Details
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90%
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5%
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5%
Subsidiaries
Orient Insurance Limited (Sri Lanka)
100%
Orient Sigorata Anonim Sirketi (Turkiye)
100%
Orient Takaful Pjsc
95.776%
Company Performance
Financial values in the chart are available after Orient Insurance Company Pjsc report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency AED. Absolute financial data is included in the purchased report.
Net insurance premium revenue
-35.59%
Operating profit (EBIT)
-4.4%
Net Profit (Loss) for the Period
10.18%
Total assets
35.73%
Investments
-14.98%
Total equity
18.64%
Net Premiums Earned Trend
N/A
Net Profit Trend
-7.54%
Return on Equity (ROE)
-0.68%
Loss Ratio
5.91%
Underwriting Expenses Ratio
0.58%

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