Emirates Insurance PSC (EIC) News - Mubasher Info
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13 June 12:53 AM

Emirates Insurance PSC (EIC)

Last update: 22 May 11:33 AM market time.
7.22
-0.38
-5.00%
Open 7.22
Previous Close 7.60
High 7.22
Low 7.22
Stock Statistics
Volume 59,734
Turnover 431,279.47
All data are 15 minutes late during market session

News

Earnings per share (EPS) settled at AED 0.93 in 2019
9 February 2020 02:16 PM Emirates Insurance’s net profits reach AED 140m in 2019
Abu Dhabi – Mubasher: The net profits of Emirates Insurance Company increased to AED 140.089 million in 2019 from AED 114.095 million in 2018, according to the company’s preliminary unaudited financial results for 2019. The revenues rose to AED …
Financial Results
Gross written premiums increased to AED 914.51 million in 9M
13 November 2019 05:02 PM Emirates Insurance records 12.4% higher profit in 9M
Abu Dhabi – Mubasher: Emirates Insurance reported a decline of 64.5% in profits during the third quarter of 2019 when compared to the same period a year earlier. Profit for the period shrank to AED 11.38 million from AED 31.51 million in Q3-18. …
Financial Results
Total income reached AED 96.64 million at the end of March
13 May 2019 11:28 AM Emirates Insurance logs AED 63.7m profit in Q1
Abu Dhabi – Mubasher: Emirates Insurance has posted an AED 63.7 million in net profits for the first quarter of 2019, versus AED 45.33 million in Q1-18. Earnings per share (EPS) stood at AED 0.42 during the January-March period of the year, …
Financial Results
Emirates Insurance’s profits jump 32.5% in 3M
8 November 2018 00:37 PM Emirates Insurance’s profits jump 32.5% in 3M
Abu Dhabi – Mubasher: Emirates Insurance on Thursday reported a 32.5% year-on-year profit growth in the third quarter of 2018. The insurance firm registered AED 31.5 million ($8.58 million) in net profits in Q3-18, a rise from the previous year’s …
Financial Results
(Photo Credit: Company Website)
7 May 2017 11:57 AM Emirates Insurance posts lower profits in Q1
Abu Dhabi – Mubasher: Emirates Insurance Company (EIC) posted a 23.7% year-on-year decline in its profits in the first quarter of 2017. Profits reached AED 29.36 million ($8 million) in Q1-17, compared to AED 38.46 million ($10.47 million) in …
Financial Results
The company’s capital stands at AED 150 million (Photo Credit: Arabianeye-Reuters)
23 March 2017 08:45 AM Emirates Insurance nods to annual dividends
Abu Dhabi – Mubasher: Emirates Insurance Company (EIC) said its shareholders approved 50% cash dividends, or 50 fils per share, for fiscal year 2016, according to a bourse statement. Total dividend payout amounts to AED 75 million for FY16. The …
General Assembly
Profits reached AED 66 million in 9 months - (Photo Credit: Arabianeye-Reuters)
7 November 2016 03:39 PM Emirates Insurance turns profitable in Q3
Abu Dhabi - Mubasher: Emirates Insurance Company (EIC) reported profits of AED 3.4 million ($925,110) in the third quarter of 2016 against losses of AED 6.53 million ($1.78 million) in the same quarter last year. Meanwhile, profits increased by …
Financial Results
The board will discuss Aramex’s third-quarter unaudited results late October (Photo Credit: Arabianeye-Reuters)
25 October 2016 09:04 AM Aramex to discuss insurance policy renewal late October
Dubai – Mubasher: Dubai-based Aramex said its board will meet on 30 October to discuss the renewal of the commercial general liability insurance policy with Emirates Insurance Company, according to a statement. The logistics firm’s chairman …
Companies Investments
Net profits reached AED 24.34 million ($6.62 million) in Q2-16 (Photo Credit: Arabianeye-Reuters)
8 August 2016 10:53 AM Emirates Insurance profits grow 4.5% in Q2
Abu Dhabi-Mubasher: Emirates Insurance Company (EIC) saw a 4.5% rise year-on-year in its profits during the second quarter of 2016, according to a bourse statement. Net profits reached AED 24.34 million ($6.62 million) in Q2-16, compared to AED …
Financial Results
Photo Credit: Emirates Insurance Company
24 March 2016 08:32 AM Emirates Insurance shareholders OK dividends, bonus shares
Abu Dhabi-Mubasher: Shareholders of Emirates Insurance Company (EIC) approved on Wednesday the distribution of cash dividends and bonus shares at 61% of capital for 2015, according to a bourse filing. Shareholders agreed to distribute 50% …
Corporate Actions
Photo Credit: Arabianeye - Reuters
14 February 2016 04:15 PM Emirates Insurance fourth-quarter profit skyrockets 600%
Abu Dhabi – Mubasher: Emirates Insurance Company posted a surge by 600% in net profit for the fourth quarter of 2015 to AED 13.9 million ($3.8 million), from AED 2 million ($544,700) in the prior-year period. The insurer generated AED 89.6 million …
Financial Results
Photo Credit: Arabianeye-Reuters
6 August 2015 09:34 AM S&P gives Emirates Insurance ‘A-‘ rating, sees better performance
  Abu Dhabi – Mubasher: Standard & Poor’s Ratings Services on Wednesday assigned its 'A-' long-term counterparty credit and insurer financial strength ratings to the UAE’s Emirates Insurance Co. (EIC) with a ‘Stable’ outlook. “The ratings reflect …
Research
Photo Credit: Arabianeye-Reuters
5 August 2015 02:19 PM Emirates Insurance profits down 10% in H1
  Abu Dhabi – Mubasher: Emirates Insurance Company (EIC) posted a 9.6% decline in its net profits for the first six months of 2015 to AED 82.63 million ($22.5 million) compared to AED 89.4 million ($24.3 million) in the same period last year, …
Company News
Photo Credit: Arabianeye-Reuters
3 May 2015 03:16 PM Emirates Insurance posts AED 59m profits in Q1
Abu Dhabi – Mubasher: Emirates Insurance Co. (EIC) reported an increase in net profits for the first quarter of the year, reaching AED 59.33 million ($16.15 million) compared to AED 49 million ($13.336 million) in the same period last year, …
Company News
Photo Credit: Arabianeye-Reuters
23 February 2015 02:11 PM Emirates Insurance recommends AED 0.60/shr dividend
 Abu Dhabi – Mubasher: The Board of Directors of Abu Dhabi-listed Emirates Insurance Company (EIC) has recommended, during its meeting on Monday, February 23, 2015, a cash dividend of AED 0.60 per share to shareholders for the fiscal year …
Financial Results
Photo Credit: Arabianeye-Reuters
5 February 2015 04:25 PM Emirates Insurance reports FY14 profit rise
 Abu Dhabi – Mubasher: Emirates Insurance Co. (EIC) has reported a net profit growth by 19.76% to AED 103 million during FY14 against AED 86 million in FY13.In its filing to the Abu Dhabi Securities Exchange (ADX), EIC reported a decline in net …
Financial Results
3 November 2014 09:17 AM Emirates Insurance profit leaps 64% in 9M
Emirates Insurance Co. (EIC) announced its financial statements to the Abu Dhabi Securities Exchange (ADX), reporting surging net profit by 63.5% during the first nine months of the year to AED 101.44 million ($27.6 million) compared to AED 62 …
Financial Results
20 October 2014 02:39 PM Aramex board to meet over insuring firm
In its statement to the Dubai Financial Market (DFM) on Monday, Aramex announced that its Board of Directors will convene on Monday, October 27, 2014 at 5:00 pm to tackle the sourcing of a commercial general liability insurance policy …
Corporate Actions
7 August 2014 11:41 AM Emirates Insurance H1 profit jumps 51%
In its announcement to the Abu Dhabi Securities Exchange (ADX), Emirates Insurance Co. reported a significant growth in net profit for the first six months of 2014 to AED 89.4 million, compared to 60 million during the …
Financial Results