Insurance House P.S.C. provides various non-life insurance solutions in the United Arab Emirates. The company operates in two segments, Underwriting of General Insurance Business and Investments. The company offers private and commercial motor insurance; and property and casualty insurance products, such as fire and allied peril, public and product liability, personal accident, property all risk, professional indemnity, medical malpractice, banker’s blanket bond, fidelity, workmen’s compensation, jeweller’s block, business interruption, money, protection and indemnity, contingency/cancellation, and livestock insurance products. The company also provides engineering insurance products, including contractor’s all risk, erection all risk, contractor’s plant and machinery, boilers and pressure vessels, machinery breakdown, loss of profit due to machinery breakdown, electronic equipment, and deterioration of stock insurance products; insurance products for the energy sector; marine insurance products comprising cargo in transit and pleasure yacht, as well as hull machinery and liabilities; and aviation and group health insurance products. In addition, the company offers individual and group personal accident, and travel insurance products, as well as household insurance products. Further, it invests in marketable equity securities and investment funds, development bonds, term deposits with banks, and other securities; and offers onshore and offshore oil and gas fields and facilities services. The company was founded in 2010 and is headquartered in Abu Dhabi, the United Arab Emirates.
Emirati Market Performance
7D7 Days: -0.2%
3M3 Months: 8.4%
1Y1 Year: 17.8%
YTDYear to Date: 8.9%
In the last week, the market has been flat, with a notable exception in the Consumer Staples sector dropping 3.4%. More promisingly, the market is up 18% over the past year. As for the next few years, earnings are expected to grow by 6.7% per annum. Market details ›
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