Emirates Insurance Company (P.S.C), a national company established by prominent United Arab Emirates businessmen, was incorporated in Abu Dhabi on 27 July 1982. It started trading on 1st January, 1983.
The company writes all classes of insurance and reinsurance, whether on a direct or facultative reinsurance basis, mainly in the United Arab Emirates and the Arabian Gulf countries.
Mode of Finance
The Authorized, issued and fully paid-up capital amounts to U.A.E Dhs. 60,000,000, consisting of 600,000 shares with a face value of U.A.E Dhs. 100 per share.
The U.A.E Government holds 11.81% of the company′s shares and the rest are held by prominent U.A.E. nationals.
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