Stock SICO SHARJAH INSURANCE COMPANY
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Company Sharjah Insurance Company

Equities

SICO

AES000301011

Property & Casualty Insurance

Market Closed - Abu Dhabi Securities Exchange
Other stock markets
 12:32:43 03/04/2024 pm IST 		5-day change 1st Jan Change
1.6 AED -6.98% Intraday chart for Sharjah Insurance Company -.--% +18.52%
29/04 Sharjah Insurance Resumes Trading on Abu Dhabi Bourse MT
03/04 Sharjah Insurance to Halt Trading Amid Annual General Meeting on April 29 MT

Business Summary

Sharjah Insurance Company PSC is a United Arab Emirates-based public shareholding company engaged in general life and non-life insurance activities. The Company is organized into two business segments: the General Insurance segment covers all classes of insurance, including fire, marine, motor, general accident and miscellaneous, and the Investments segment includes investments in the United Arab Emirates marketable equity securities, term deposits with banks and investment properties. In addition, the Company also provides medical, travel and other insurance, including banker's blanket bond insurance, professional indemnity insurance, products liability insurance, medical malpractice insurance and ship repairer's legal liability insurance. The Company operates through its head office in Sharjah, and has branches in Dubai and Ajman.

Sales per Business

AED in Million2022Weight2023Weight Delta
Motor and Engineering
45.3 %
- - 10 45.3 % -
Fire
40.7 %
10 41.9 % 9 40.7 % -9.07%
Others
9.1 %
0 1.5 % 2 9.1 % +481.86%
Marine
4.8 %
1 4.2 % 1 4.8 % +7.77%

Sales per region

AED in Million2022Weight2023Weight Delta
United Arab Emirates
100.0 %
23 100.0 % 21 100.0 % -6.49%

Managers

Managers TitleAgeSince
Souhil Garouge CEO
 Chief Executive Officer - -
Arun Suresh DFI
 Director of Finance/CFO - 01/22/01
Joel George CTO
 Chief Tech/Sci/R&D Officer - -
Ahmed Salem Abdulla Al-Hosani BRD
 Director/Board Member - 01/93/01
Raouaf Al-Khateb IRC
 Investor Relations Contact - -
Sarah Humaid SAM
 Sales & Marketing - -
Akram Idris PRN
 Corporate Officer/Principal - -

Members of the board

Members of the board TitleAgeSince
Ahmed Al-Midfa CHM
 Chairman - 01/98/01
Ali Salim Al-Midfa BRD
 Director/Board Member - 14/22/14
Ahmed Salem Abdulla Al-Hosani BRD
 Director/Board Member - 01/93/01
Obaid Mohammed Obaid Al-Zaabi BRD
 Director/Board Member - -
Arwa Mohamed Sultan Al-Owais BRD
 Director/Board Member - -
Salem M. Abdalla Ahmed Al-Khayyal BRD
 Director/Board Member - 17/22/17

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 150,000,000 55,451,850 ( 36.97 %) 0 36.97 %

Shareholders

NameEquities%Valuation
Salem Al-Hosani
47.66 %
71,491,350 47.66 % 33 M AED
Ahmed Al-Naeem
5.100 %
7,650,000 5.100 % 4 M AED
Qassimi Mohamed Ahmed Mohamed Ahmed Saeed Al
5.086 %
7,628,400 5.086 % 4 M AED

Company contact information

Sharjah Insurance Co.

Al Raha Tower Corniche Al Mamsar

, Sharjah

+

http://www.shjins.com
address Sharjah Insurance Company(SICO)

Sector

Financials
Insurance
Insurance
Property & Casualty Insurance
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Sales per Business

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