Company Al Buhaira National Insurance Company

Equities

ABNIC

AEA001701019

Multiline Insurance & Brokers

Delayed Abu Dhabi Securities Exchange 05:44:44 2024-04-16 am EDT 5-day change 1st Jan Change
3 AED 0.00% Intraday chart for Al Buhaira National Insurance Company 0.00% +7.14%

Business Summary

Al Buhaira National Insurance Company PSC is a United Arab Emirates-based company engaged in the insurance sector. The Company provides, along with its subsidiaries, all types of insurance, other than savings and accumulations of funds. The Company is organized into two main business segments: the underwriting of general insurance business segment covers all classes of general insurance, including fire, marine, motor, general accident and miscellaneous, and the Investments segment incorporates investments in marketable equity securities, term deposits with banks and investment properties. As of December 31, 2011, the Company held 100%-stake in its subsidiary, namely Al Buhaira Economic Investments Establishment. The Company operates through its head office in Sharjah, and a network of branches located in Dubai, Abu Dhabi, Al Ain, Khorfakkan, Fujairah and Ajman.

Sales per Business

AED in Million2022Weight2023Weight Delta
Medical
70.4 %
- - 838 70.4 % -
Motor
16.6 %
- - 197 16.6 % -
FGA
9.2 %
- - 110 9.2 % -
Marine
2.7 %
17 6.4 % 32 2.7 % +94.74%
Life
1.1 %
2 0.6 % 13 1.1 % +692.74%

Sales per region

AED in Million2022Weight2023Weight Delta
United Arab Emirates
100.0 %
259 100.0 % 1,191 100.0 % +358.87%

Managers

Managers TitleAgeSince
Chief Executive Officer - 03-12-31
Director of Finance/CFO - 88-06-10
General Counsel - -
Human Resources Officer - 10-03-07
Corporate Officer/Principal - 78-10-31
Comptroller/Controller/Auditor - -
Corporate Officer/Principal - -
Corporate Officer/Principal - 95-09-30
Corporate Officer/Principal - -

Members of the board

Members of the board TitleAgeSince
Director/Board Member - 94-12-31
Chairman - 85-12-31
Director/Board Member - -
Chief Executive Officer - 03-12-31
Corporate Officer/Principal - -
Director/Board Member - 77-12-31
Director/Board Member - -
Director/Board Member - 21-12-31
Director/Board Member - -
Director/Board Member - -

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 250,000,000 89,982,000 ( 35.99 %) 0 35.99 %

Shareholders

NameEquities%Valuation
40,888,360 16.36 % 31 M AED
33,675,000 13.47 % 26 M AED
30,843,750 12.34 % 24 M AED
25,000,000 10.00 % 19 M AED
24,500,000 9.800 % 19 M AED
23,229,905 9.292 % 18 M AED

Company contact information

Al-Buhaira National Insurance Co.

Al Buhaira Tower Khalid Lagoon

, Sharjah

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http://www.albuhaira.com
address Al Buhaira National Insurance Company(ABNIC)
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