Orient Insurance PJSC
DDFM:ORIENT66.30
AED
0.00
(0.00%)
ISIN
AEA002601010
Return %
Stock
S&P 500
1Y
0.00
14.20
3Y
0.00
81.12
5Y
0.00
68.34
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.Company Description
- Sector
- Finance
- Industry
- Multi-line insurance
- Address
- Dubai United Arab Emirates
- IPO Date
- Oct 5, 2006
- Website
- insuranceuae.com
- Similar Companies
- Business
- Orient Insurance PJSC is a United Arab Emirates-based multi-line insurance company that underwrites, issues, and administers a comprehensive range of commercial, personal, life, health, and Islamic (takaful) insurance and reinsurance solutions. Founded in 1982, headquartered in Dubai, United Arab Emirates, and operating as a subsidiary of the Al-Futtaim Group, the company serves individual, corporate, and institutional clients across the Middle East, North Africa, and South Asia, maintaining operations in the United Arab Emirates, Oman, Bahrain, Saudi Arabia, Egypt, Syria, Turkey, and Sri Lanka through branch networks and subsidiaries, including Orient Takaful PJSC, Orient Takaful Insurance Company (Egypt) S.A.E., Orient Insurance Limited (Sri Lanka), Orient Sigorta Anonim Sirketi (Turkey), and Arab Orient Insurance Company (Syria). The company operates across multiple insurance segments offering specialized products and services, including: commercial property insurance, encompassing property all risks, fire and special perils, business interruption, and industrial risks; engineering insurance, comprising contractors' all risks, erection all risks, plant and machinery breakdown, and electronic equipment coverage; marine and aviation insurance, covering marine cargo, ocean and coastal hull, marine liabilities, and aviation hull and third-party liabilities; casualty and liability insurance, featuring general third-party liability, product liability, professional indemnity, directors' and officers' liability, public liability, workmen's compensation, and employers' liability; financial lines, including banker's blanket bonds, fidelity guarantee, money insurance, and trade credit insurance; motor insurance, providing comprehensive vehicle, commercial fleet, and third-party liability policies; health and medical insurance, offering corporate group health schemes, employee benefit plans, and individual medical coverage; personal lines, consisting of individual term life, group life, credit life, personal accident, home contents, and international travel insurance; and Sharia-compliant takaful solutions spanning general, health, and family takaful policies. In recent developments, Orient Insurance PJSC partnered with Allianz Partners to launch Sphera, a comprehensive suite of tiered international private medical insurance plans tailored for expatriates and globally mobile residents across the United Arab Emirates. The company has advanced its cross-border expansion strategy by obtaining regulatory licenses to establish and grow branch operations in Saudi Arabia, alongside ongoing regional expansions in Egypt and international exploration in Australia. Operationally, the company has deployed artificial intelligence and automation across underwriting, digital risk assessment, and claims processing workflows, reinforced its takaful segment following the full integration of Orient UNB Takaful, and initiated a capital increase program to raise its paid-up capital to AED 1 billion to strengthen underwriting retention and finance further regional expansion.