Stock ASNIC AL-SAGR NATIONAL INSURANCE COMPANY
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Company Al-Sagr National Insurance Company

Equities

ASNIC

AEA002101011

Multiline Insurance & Brokers

Market Closed - Dubai FM
Other stock markets
 02:44:16 11/01/2024 pm IST 		5-day change 1st Jan Change
0.657 AED -.--% Intraday chart for Al-Sagr National Insurance Company -.--% -9.88%
15/05 Al Sagr National Insurance Resumes Trading on Dubai Financial Market MT
14/05 Al-Sagr National Insurance Shares Suspended Amid Board Meeting MT

Business Summary

Al Sagr National Insurance Co PSC is a United Arab Emirates-based Insurance company. The Company offers insurance and reinsurance products and services for individuals, families, Small and Medium Enterprise (SME) and corporate groups. The Company is organized into two segments: General insurance and Life insurance. The Company’s products include medical insurance, life insurance, travel insurance, motor insurance, yachts and pleasure crafts insurance, home insurance, group medical insurance, group life insurance, motor fleet insurance, marine cargo insurance, marine hull insurance, property insurance, and engineering insurance, among others. health, life, and general risks for individuals, SMEs, large companies, and multi-national corporations

Number of employees: 223

Sales per Business

AED in Million2022Weight2023Weight Delta
Life and Medical
55.0 %
- - 466 55.0 % -
General and Motor
42.7 %
- - 362 42.7 % -
Investments
2.3 %
0 0.0 % 19 2.3 % -

Sales per region

AED in Million2022Weight2023Weight Delta
United Arab Emirates
100.0 %
336 100.0 % 847 100.0 % +152.41%

Managers

Managers TitleAgeSince
Abdel Muhsen Nafez Jaber CEO
 Chief Executive Officer - -
Murugesh Palani DFI
 Director of Finance/CFO - -
Ahmad AlSah CTO
 Chief Tech/Sci/R&D Officer - -
Radha Santhosh Kumar CTO
 Chief Tech/Sci/R&D Officer - -
Mahmoud Rahhal ADM
 Chief Administrative Officer - -
Samer Ghattas Yared SAM
 Sales & Marketing - -
Sultan Nasser Mohamed Al-Suwaidi LAW
 General Counsel - -

Members of the board

Members of the board TitleAgeSince
Majid Abdalla Juma Al-Sari CHM
 Chairman - -
Ayman Mohammed Yusri Al-Duwaik BRD
 Director/Board Member - -
Khalid Abdulla Omran Tariam BRD
 Director/Board Member - -
Abdel Muhsen Nafez Jaber CEO
 Chief Executive Officer - -
Mohamad Ali Al-Sari BRD
 Director/Board Member - -

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 230,000,000 49,816,850 ( 21.66 %) 0 21.66 %

Holdings

NameEquities%Valuation
AL SAGR COOPERATIVE INSURANCE COMPANY
26.00%
 3,640,000 26.00% 30,328,480 $

Company contact information

Al Sagr National Insurance Co. PSC

Al Sagr National Insurance Building Al-Seef Road

, Dubai

+971 4 7028500

http://www.alsagrins.ae
address Al-Sagr National Insurance Company(ASNIC)

Sector

Financials
Insurance
Insurance
Multiline Insurance & Brokers
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