Company Al Dhafra Insurance Company

Equities

DHAFRA

AEA000601012

Multiline Insurance & Brokers

Delayed Abu Dhabi Securities Exchange 06:24:15 2023-10-19 am EDT 5-day change 1st Jan Change
4.41 AED -8.12% Intraday chart for Al Dhafra Insurance Company -.--% -.--%

Business Summary

Al Dhafra Insurance Company PSC is a United Arab Emirates-based insurance company, which provides underwriting both life and non-life business. The Company’s business include fire and general accident, contract works and contractor’s plant and equipment, electronic equipment machinery breakdown, workmen’s compensation and employer’s liability, public liability, medical and malpractice and other professional indemnity risks, marine cargo, marine hull and craft, oil and gas on and offshore operations, personal accident, medical and life, visit visa and house maid policies and Motor. The Company operates in two segments: Underwriting of general insurance business that includes all classes of general insurance such as fire, marine, motor, medical, general accident and miscellaneous; and Investments that includes investments in marketable equity securities and investment funds, development bonds, term deposits with banks and investment properties and other securities.

Number of employees: 175

Sales per Business

AED in Million2022Weight2023Weight Delta
Investments
88.7 %
21 5.2 % 321 88.7 % +1,437.37%
Underwriting
11.3 %
381 94.8 % 41 11.3 % -89.28%

Sales per region

AED in Million2022Weight2023Weight Delta
United Arab Emirates
100.0 %
305 82.1 % 362 100.0 % +18.45%

Managers

Managers TitleAgeSince
Chief Executive Officer - 83-12-31
Director of Finance/CFO - -
Compliance Officer - 15-12-31
Chief Tech/Sci/R&D Officer - -
Chief Tech/Sci/R&D Officer - 12-12-31
Chief Administrative Officer - -
Sales & Marketing - -
Corporate Officer/Principal - -
Corporate Officer/Principal - -

Members of the board

Members of the board TitleAgeSince
Director/Board Member - 12-12-31
Director/Board Member 52 15-12-31
Director/Board Member 69 06-12-31
Chairman - 92-12-31
Director/Board Member - 83-12-31
Director/Board Member - 18-12-31
Director/Board Member - 15-12-31
Director/Board Member - 18-12-31
Director/Board Member - -

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 100,000,000 46,554,900 ( 46.55 %) 0 46.55 %

Shareholders

NameEquities%Valuation
Ghobash Trading & Investment Co. Ltd. LLC
21.85 %
21,850,800 21.85 % 26 M AED
13,172,000 13.17 % 16 M AED
Ataya Projects Co.
6.591 %
6,590,700 6.591 % 8 M AED
6,000,000 6.000 % 7 M AED
MASSAI CO LLC
5.832 %
5,831,600 5.832 % 7 M AED

Company contact information

Al Dhafra Insurance Co. PSC

Al Dhafra Insurance Company Building Zayed the First Street

, Abu Dhabi

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http://www.aldhafrainsurance.ae
address Al Dhafra Insurance Company(DHAFRA)
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