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Union Insurance Co PSC
Single Business Tower
Sheikh Zayed Road,
Phone: +971 43787777p:+971 43787777 DUBAI, United Arab Emirates Ticker: UNIONUNION
Business Summary
Union Insurance Co PSC is a United Arab Emirates-based public shareholding company that provides all classes of insurance products and services except life insurance. The Company is organized into two business segments; the General Insurance segment covers all classes of general insurance including fire, marine, motor, general accident and miscellaneous, and the Investments segment includes investments in the United Arab Emirates (UAE) and Gulf Cooperation Council (GCC) marketable equity securities, term deposits with banks, investment properties, trading investments and other securities. The Company operates through its head office in Ajman and branch offices in Sharjah, Abu Dhabi and Dubai. The Company is managed by Al Sagr Insurance Co. PSC through a management agreement.
(Source: F-4)

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
Yes------

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
9/30/202412/31/2023Yes----

Industries
SIC Code Description
6331 Fire, marine, and casualty insurance
6361 Title insurance
6324 Hospital and medical service plans
6311 Life insurance

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Independent Chairman of the Board NasserBin Rashid Bin Abdulaziz Al M 6/8/2021 6/8/2021
Acting Chief Executive Officer Ramez AbuZeid 12/1/2023 12/1/2023
Independent Deputy Chairman of the Board Ali Rashid Sultan Al KaitoubAl Nuaimi 6/8/2021 6/8/2021
6 additional Officers and Directors records available in full report.

Business Names
Business Name
UNION
Union Insurance Company P.S.C
Union Insurance Company P.S.C.

General Information
Number of Employees: 244 (As of 12/31/2021)
Outstanding Shares: 330,939,180 (As of 9/30/2024)
Stock Exchange: ABD
Fax Number: +971 43787778


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Wednesday, November 20, 2024