Banking, Financial Services & Insurance

Union Insurance Company P.S.C. (Union Insurance Company P.S.C.) : Company Profile and SWOT Analysis

  • TIM2171728
  • 17 Pages
  • October 2017
  • Banking, Financial Services & Insurance
Synopsis
Timetric's "Union Insurance Company P.S.C. (Union Insurance Company P.S.C.) : Company Profile and SWOT Analysis" contains in depth information and data about the company and its operations. The profile contains a company overview, key facts, major products and services, SWOT analysis, business description, company history, financial analysis, mergers & acquisitions, recent developments, key employees as well as company locations and subsidiaries.
Scope
Examines and identifies key information and issues about "Union Insurance Company P.S.C." for business intelligence requirements.

Studies and presents the company's strengths, weaknesses, opportunities (growth potential) and threats (competition). Strategic and operational business information is objectively reported.

The profile also contains information on business operations, company history, major products and services, key employees, and locations and subsidiaries.
Summary
This report is a crucial resource for industry executives and anyone looking to access key information about "Union Insurance Company P.S.C."

The report utilizes a wide range of primary and secondary sources, which are analyzed and presented in a consistent and easily accessible format. Timetric strictly follows a standardized research methodology to ensure high levels of data quality and these characteristics guarantee a unique report.
ReasonsToBuy
Quickly enhance your understanding of "Union Insurance Company P.S.C."

Gain insight into the marketplace and a better understanding of internal and external factors which could impact the industry.

Increase business/sales activities by understanding your competitors businesses better.

Recognize potential partnerships and suppliers.
Key highlights
Union Insurance Company P.S.C. (Union Insurance) is an insurance company. It provides a range of life and non-life insurance products to individuals and corporate customers. The company offers insurance products for life, health, home, motor, group life and medical, general accident, international income protection, and travel. It offers energy insurance, engineering insurance, property insurance, marine cargo insurance, marine hull insurance, marine liability insurance, and aviation insurance. It also provides insurance coverage for money, credit, workmens compensation, medical malpractice and fidelity guarantee. Furthermore, it offers motor claims and health claims services. The company serves its clients through a network of branch offices located in Sharjah, Abu Dhabi, Dubai, Ajman, and Ras Al Khaimah. Union Insurance is headquartered in Ajman, the UAE.

The company reported gross written premium of AED877.1 million during fiscal year ended December 2016 (FY2016), an increase of 28.8% over FY2015. In FY2016, its net earned premium was AED387.1 million, an increase of 35.2% over FY2015.
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