Orient Insurance

NEWS DESK

Orient Insurance Reports Strong Q3 2024 Performance with Significant Year-over-Year Growth

News Desk 1 17/11/2024 0

Orient Insurance, the leading insurance provider in the UAE and a subsidiary of Al-Futtaim, today announced strong financial results for the third quarter of 2024, reflecting robust growth across key financial metrics. The company reported an 18.8% increase in insurance revenue, reaching AED

NEWS DESK

Orient Insurance opens new kiosk at Dubai Festival City Mall

News Desk 1 03/09/2024

Orient Insurance, a prominent insurance company in the Middle East and a subsidiary of Al-Futtaim Group, opened recently its new kiosk at Dubai Festival City Mall. Mr. Omer Elamin, President, Orient Group, inaugurated the new kiosk, which is designed to offer streamlined customer experiences. With an aim to enhance customer accessibility and offer a more […]

NEWS DESK

Orient Insurance records significant 10 per cent increase in profits

News Desk 1 08/08/2024

Orient Insurance, a prominent insurance company in the Middle East and a subsidiary of Al-Futtaim Group, achieved exceptional financial outcome during the first half of 2024, recording AED 416 million in net profit as compared to AED 377 million during the corresponding period last year, signifying a 10 per cent growth. Furthermore, the company witnessed […]

NEWS DESK

Orient Insurance KSA appoints Turki Bin Mamdouh Alshahrani as new CEO

News Desk 1 05/08/2024

Orient Insurance, the largest listed insurer in the United Arab Emirates (UAE) and a part of Al-Futtaim Group, has appointed Mr Turki Bin Mamdouh Alshahrani as the Chief Executive Officer of its Kingdom of Saudi Arabia (KSA) branch. With a distinguished career spanning the insurance industry, Mr. Alshahrani brings a wealth of experience and expertise […]

NEWS DESK

Orient Insurance And Subsidiaries ‘A+’ Ratings Affirmed On Revised Capital Model Criteria; Outlook Stable – S&P Global Ratings

News Desk 2 31/05/2024

S&P Global Ratings affirmed this month its ‘A+’ long-term issuer credit and insurer financial strength ratings on UAE-based Orient Insurance P.J.S.C. (Orient) and its subsidiaries, Orient Takaful PJSC (UAE ) and Orient Takaful Insurance Company ( S.A.E , EGYPT ), with a stable outlook, consolidating its position as UAE’s largest insurer by insurance revenue. The […]