ORIENT Insurance PJSC

Ticker/ISIN

ORIENT

AEA002601010

Market/Country

Dubai Financial Market

United Arab Emirates

About ORIENT Insurance PJSC

Country of Origin: United Arab Emirates (U.A.E)

Orient Insurance Company (PJSC) (the “Company”) is a Public Joint Stock Company and is registered under the Federal Decree-Law No. Law No. (32) of 2021 On Commercial Companies and also registered in accordance with UAE Federal Law No. 6 of 2007 on Organizing the Insurance Operations, as amended (“The Insurance Companies Law”). The Company mainly issues short team insurance contracts in connection with property, motor, marine, fire and engineering, general accident risks and medical (collectively known as general insurance) and group life and individual life classes (collectively referred as life insurance). The Company also invests its funds in investment securities and properties.

Latest Pressrelease Summaries from ORIENT Insurance PJSC

On March 27, 2025, a meeting of the Board of Directors of Orient Insurance PJSC was held electronically at 10:00 am. During the meeting, the board approved the management action plan related to the year-end 2024 actuarial pricing report, reviewed the company's general business matters, and discussed other arising business.

Disclosure: Results of BOD Meeting

24 days ago

The Board of Directors of Orient Insurance (PJSC) is inviting shareholders to attend the Annual General Assembly Meeting on April 8, 2025, at 11:00 AM. The meeting will be held both in person at the Orient building in Dubai Festival City and online via the Teams platform. The agenda includes reviewing and approving reports from the Board of Directors and auditors for the financial year ending December 31, 2024, discussing and approving the company's financial statements, and considering a proposal for an 80% cash dividend distribution totaling 400 million dirhams. Other items include discharging board members and auditors from liability, approving internal policies, and setting remuneration for board and senior executive management. The meeting will also address transactions with related parties and appoint auditors for the 2025 financial year.

Disclosure: Invitation of General Assembly

a month ago

The document is the audited consolidated financial statements for Orient Insurance PJSC and its subsidiaries as of December 31, 2024.

Disclosure: Financial statements for the 4th QTR of 2024

a month ago

The document is a review report and interim condensed consolidated financial statements for Orient Insurance PJSC and its subsidiaries, dated September 30, 2024. The financial statements are unaudited.

Disclosure: Financial statements for the 3rd QTR of 2024

6 months ago

Orient Insurance PJSC and its subsidiaries have released their review report and interim condensed consolidated financial statements for the period ending 30 June 2024. The statements are unaudited.

Disclosure: Financial statements for the 2n QTR of

9 months ago

Threads

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Dubai Financial Market News

News Update From ORIENT Insurance PJSC a year ago

Disclosure: BOD meeting

1. Attached Document

Dubai Financial Market News

News Update From ORIENT Insurance PJSC a year ago

Disclosure: Integrated report for the year 2023

1. Attached Document

Dubai Financial Market News

News Update From ORIENT Insurance PJSC a year ago

Disclosure: Financial statements for the year ended 2023

The text refers to the audited consolidated financial statements of Orient Insurance PJSC and its subsidiaries as of 31 December 2023.

1. Attached Document

Dubai Financial Market News

News Update From ORIENT Insurance PJSC a year ago

Disclosure: Results of BOD meeting held by circulation

1. Attached Document

Dubai Financial Market News

News Update From ORIENT Insurance PJSC a year ago

Disclosure: BOD meeting

1. Attached Document

Dubai Financial Market News

News Update From ORIENT Insurance PJSC a year ago

Disclosure: Postponing BOD meeting date

1. Attached Document

Dubai Financial Market News

News Update From ORIENT Insurance PJSC a year ago

Disclosure: BOD meeting

1. Attached Document

DFM News

News Update From ORIENT Insurance PJSC a year ago

Disclosure: Press release

Orient Insurance Company, part of the Al-Futtaim Group, reported a 23% increase in net profits for the financial year ending 31/12/2023, reaching AED 636 million compared to AED 519 million in 2022. The company also saw a 28.4% increase in insurance revenue, reaching AED 6.4 billion, and an 11.5% increase in shareholders' equity, reaching AED 4.3 billion. The company's assets grew by 18.3% to AED 11.9 billion, and cash and investments increased by 20% to AED 8 billion. This growth was supported by the company's credit rating upgrade to A+ by S&P, the highest for an insurance company in the Middle East, and its maintenance of an A+ rating by A.M. Best.

1. Attached Document

DFM News

News Update From ORIENT Insurance PJSC a year ago

Disclosure: Preliminary financial results for the year of 2023

1. Attached Document

DFM News

News Update From ORIENT Insurance PJSC a year ago

Disclosure: Financial statements for the 3rd QTR of 2023

The text is a review report and interim condensed consolidated financial statements of Orient Insurance PJSC and its subsidiaries as of 30 September 2023. The document is unaudited.

1. Attached Document

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