AKIC – Al Khazna Insurance Company PSC


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1 = STRONG BUY | 2 = BUY | 3 = HOLD | 4 = UNDERPERFORM | 5 = SELL

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Company Profile

Al Khazna Insurance Company PSC is a United Arab Emirates-based public shareholding company engaged in the provision of all classes of general insurance and reinsurance products. The Company is organized, along with its subsidiaries, into six business segments: the Motor segment covers damage to motor cars and related property, and injuries or death of person; the Fire segment covers insurance against damages caused by fire, exploration, natural phenomena and all kind of commotions; the Medial segment covers group of individuals for medical treatment; the Marine and Aviation segment covers the insurance of cargo and other movables, freight charges, ship and aircraft hulls, machinery and the insurance against risks incidental to its construction, operations, repair and docking, including damages which afflict others, and the Accident and Others segment covers damages resulting from personal accidents, work accidents, burglary and civil responsibilities, among others.

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