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Orient: Founded by Al-Futtaim in 1982, Orient is the largest insurance company in the United Arab Emirates by financial capital, with up to 500 million AED (approx. 136.1 million USD). Headquartered in Dubai, it works with major clients in Abu Dhabi, Dubai, Sharjah, and Ras Al Khaimah, as well as Oman and Bahrain. [19]
Takaful (Arabic: التكافل, sometimes translated as "solidarity" or mutual guarantee) [1] is a co-operative system of reimbursement or repayment in case of loss, organized as an Islamic or sharia-compliant alternative to conventional insurance, which contains riba (usury) and gharar (excessive uncertainty).
This is a list of government-owned companies of the United Arab Emirates. A Government-owned corporation is a legal entity that undertakes commercial activities on behalf of an owner government . Their legal status varies from being a part of government to stock companies with a state as a regular stockholder .
Pages in category "Insurance companies of the United Arab Emirates" The following 2 pages are in this category, out of 2 total. This list may not reflect recent changes .
The company currently employees over 650 staff, a network of agents, and works with international and local insurance brokers. The company also offers regional insurance products through its wholly owned subsidiaries in Oman and Turkey. [8] Oman Insurance was the first to offer STP (Straight Through Processing), real-time motor policy issuance ...
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Al Wathba National Insurance Co P.S.J.C (AWNIC) (Arabic: شَرِكَة الْوَثْبَة الْوَطَنِيَّة لِلتَّأْمِيْن, romanized: Sharikat Al-Wathbah Al-Waṭaniyyah Lit-Taʾmīn) is a national insurance company [4] of the United Arab Emirates. It was established in 1996, with its registered head office in Abu Dhabi.
Arig (Arab Re-Insurance Group) was founded in 1980, [1] Established by the governments of Kuwait, Libya and the United Arab Emirates, is the largest Arab owned re-insurer. Arig is listed on the stock exchanges [ 2 ] in Bahrain , Dubai and Kuwait [ 3 ] and held by nearly 5000 individual share holders.