Emirates Insurance Company P.J.S.C. Overview
Pro stress-test →Emirates Insurance Company (EIC), also known as Eminsco, is a public shareholding company specializing in general insurance and commercial products that has been operating since 1982. The company writes general insurance and reinsurance in the United Arab Emirates, the United States, and Europe through its Underwriting of General Insurance Business and Investments segments.
Strategic Profile
Pro stress-test →EIC is a publicly listed company on the Abu Dhabi Securities Exchange (ADX), with A- credit ratings from both S&P Global Ratings and AM Best. EIC has an authorized and issued share capital of AED 150 million, with assets in excess of AED 2.4 billion. The company maintains a diversified product portfolio serving both individual and corporate clients across motor, marine, property, energy, and health insurance segments with 30+ UAE offices.
Competitive Landscape
Pro stress-test →EIC is one of the UAE's oldest established local insurance companies, having operated since 1982. The company competes in the regional insurance market with peers offering similar multi-line insurance and reinsurance products across the GCC region. As a publicly traded entity with investment-grade ratings, EIC maintains a competitive position through brand heritage, distribution network scale, and investment portfolio returns.
Industry Context
Emirates Insurance Company P.J.S.C. operates in General Insurance & Reinsurance.
Key facts
Founded: 1982 · Headquarters: Abu Dhabi, UAE · Employees: 250+ · Revenue: AED 615.91 million (2024) · Market cap: AED 1.09 billion