Company Al Wathba National Insurance Company

Equities

AWNIC

AEA001601011

Property & Casualty Insurance

Delayed Abu Dhabi Securities Exchange 08:45:42 24/01/2024 GMT 5-day change 1st Jan Change
5.2 AED +13.04% Intraday chart for Al Wathba National Insurance Company -.--% +48.57%

Business Summary

Al Wathba National Insurance Company PJSC (AWNIC) is a United Arab Emirates-based insurance provider. The Company’s principal activity is transaction of general insurance and re-insurance business of all classes. The Company offers personal insurances, which include Motor Insurance, Yacht and Boat Insurance, Home Insurance, Jet ski Insurance, and Travel Insurance; and Commercial Insurance, which include property insurance, marina cargo insurance, marine hull insurance, liability insurance, engineering insurance. The Company operates approximately 8 branches. The Company has 1 subsidiary , which is AWNIC Investments Limited and approximately 3 associates companies, which are Vision Insurance SAOC, UR International Insurance, and FOODCO Holding PJSC.

Sales per Business

AED in Million2022Weight2023Weight Delta
Investments
44.7 %
0 0.0 % 230 44.7 % -
Motor
29.9 %
176 57.5 % 154 29.9 % -12.50%
Fire and General Accident
22.7 %
118 38.4 % 117 22.7 % -0.78%
Marine
2.7 %
- - 14 2.7 % -

Managers

Managers TitleAgeSince
Chief Executive Officer - 31/12/11
Director of Finance/CFO - 31/01/18
Director/Board Member - 28/04/00
Corporate Officer/Principal - -

Members of the board

Members of the board TitleAgeSince
Chairman - 28/04/00
Director/Board Member - 24/03/03
Director/Board Member - 28/04/00
Director/Board Member - 28/04/00
Director/Board Member - 14/10/97
Director/Board Member - 24/03/03
Director/Board Member - 09/03/13
Director/Board Member - 23/04/18
Director/Board Member - 07/09/21

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 207,000,000 61,233,705 ( 29.58 %) 0 29.58 %

Shareholders

NameEquities%Valuation
Darwish Bin Ahmed & Sons Co. LLC
30.56 %
63,252,750 30.56 % 90 M AED
AL SAGR UNITED GROUP LLC
13.22 %
27,375,018 13.22 % 39 M AED
17,028,027 8.226 % 24 M AED
Al Nahda Investment Co.
7.406 %
15,331,041 7.406 % 22 M AED
11,901,998 5.750 % 17 M AED
10,877,505 5.255 % 15 M AED

Holdings

NameEquities%Valuation
165,490,333 8.31% 77,512,362 $
127,691,164 6.19% 41,031,002 $
27,377,341 22.81% 22,067,779 $
43,629,774 7.93% 19,009,929 $

Company contact information

Al Wathba National Insurance Co. PJSC

Al Wathba Natl Insurance Building Najda Street

, Abu Dhabi

+971 2 600 54 4040

http://www.awnic.com
address Al Wathba National Insurance Company(AWNIC)

Group companies

NameCategory and Sector
AWNIC Investments Ltd.
  1. Stock Market
  2. Equities
  3. AWNIC Stock
  4. Company Al Wathba National Insurance Company