Stock ALLIANCE ALLIANCE INSURANCE
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Company Alliance Insurance

Equities

ALLIANCE

AEA002201019

Multiline Insurance & Brokers

Market Closed - Dubai FM
Other stock markets
 03:36:11 2024-01-25 EST 		5-day change 1st Jan Change
390 AED +1.69% Intraday chart for Alliance Insurance -.--% +1.69%
04-26 Alliance Insurance Resumes Trading in Dubai After General Meeting MT
04-25 Alliance Insurance to Halt Trading amid Board Meeting MT

Business Summary

Alliance Insurance PSC is a United Arab Emirates-based public shareholding company engaged in the provision of all classes of general insurance, life and health insurance products and services. The Company is organized into two business segments: the General Insurance segment includes fire, motor, marine and aviation, engineering, liability and miscellaneous accident insurance, and the Life Insurance segment includes individual life insurance, group life insurance, personal accident insurance and health insurance. In addition, the Company also offers online personal accident plan services and travel insurance. The Company operates through a network of eight branches across the United Arab Emirates.

Number of employees: 142

Sales per Business

AED in Million2022Weight2023Weight Delta
Property and Liability Insurance
60.0 %
27 29.4 % 224 60.0 % +728.73%
Insurance of Persons and Fund Accumulation Operations
40.0 %
65 70.6 % 149 40.0 % +129.19%

Sales per region

AED in Million2022Weight2023Weight Delta
United Arab Emirates
100.0 %
92 100.0 % 372 100.0 % +304.84%

Managers

Managers TitleAgeSince
Aimen Azara CEO
 Chief Executive Officer - -
Humaid Ali Ashkanani CMP
 Compliance Officer - 16-11-26
Khalid Elayyan AUD
 Comptroller/Controller/Auditor - 18-06-25

Members of the board

Members of the board TitleAgeSince
Ahmed Al-Maktoum CHM
 Chairman - -
Saeed Al-Kamda BRD
 Director/Board Member - -
Aimen Azara CEO
 Chief Executive Officer - -
Ahmed Saif Rashid Bakhit Al-Falasi BRD
 Director/Board Member - -
Bijan Khosrowshahi BRD
 Director/Board Member 62 -
Ali Mubarak Ali Al-Soori BRD
 Director/Board Member - -
Ashraf Nawabi BRD
 Director/Board Member - -
Mohammed Juma Saif Rashid bin Bakhit BRD
 Director/Board Member - 15-04-04

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 1,000,000 169,334 ( 16.93 %) 0 16.93 %

Shareholders

NameEquities%Valuation
Ahmed Al-Maktoum
25.00 %
250,000 25.00 % 27 M AED
GULF INSURANCE GROUP K.S.C.P.
20.00 %
200,000 20.00 % 21 M AED
Bakhit Ahmed Saif Rashid Bin
14.58 %
145,822 14.58 % 15 M AED
Saeed Al-Kamda
7.500 %
75,000 7.500 % 8 M AED
Ahmed Saif Rashid Bakhit Al-Falasi
5.213 %
52,130 5.213 % 6 M AED
Ashraf Nawabi
5.000 %
50,000 5.000 % 5 M AED
Rashed Saeed Alkamda
5.000 %
50,000 5.000 % 5 M AED

Company contact information

Alliance Insurance PSC

Warba Centre Abu Baker Siddique Road

, Dubai

+

http://www.alliance-uae.com
address Alliance Insurance(ALLIANCE)

Sector

Financials
Insurance
Insurance
Multiline Insurance & Brokers
Other Multiline Insurance & Brokers

Sales per Business

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