Al-Sagr National Insurance Company PSC (ASNIC) - Financial and Strategic SWOT Analysis Review by GlobalData

VIEWS: 16 PAGES: 24

More Info
									              Al-Sagr National Insurance Company PSC (ASNIC) - Financial and
                              Strategic SWOT Analysis Review
        Reference Code: GDFS223065FSA                                                                                         Publication Date: APR 2012

          Al Hilal Building, 3rd Floor,             Flat
                                                             Phone              +971 4 7028500                  Revenue          238 (million AED)
          No.301/302, Al Garhoud Rd.
          Dubai, Dubai                                       Fax                +971 4 2821873                  Net Profit       10.76 (million AED)
                                                             Website            www.alsagrins.ae                Employees        NA
                                                                                ASNIC [Dubai          Stock
          United Arab Emirates                               Exchange                                           Industry         Financial Services
                                                                                Exchange]

       Company Overview
       Al Sagr National Insurance Company (ASNIC), is an insurance company in the UAE. It offers insurance services related to fire
       and general accident, motor, marine, life, medical and travel. It has operations in the UAE and Saudi Arabia. In Saudi Arabia, it
       carries out its operations through its subsidiary Jordan Emirates Insurance Company. The company has branches in Dammam,
       Riyadh, and Jeddah. In the UAE, Al Sagr operates through its branches in Dubai, Sharjah, Bur Dubai, Abu Dhabi, Ajman, Ras Al
       Khaimah and Al Ain. ASNIC is headquartered in Dubai, the UAE.
       Key Executives                                                                SWOT Analysis
                      Name                                 Title                      Al-Sagr National Insurance Company PSC, SWOT Analysis
         Sami Shakhshir                      Chief Executive Officer                  Strengths                              Weaknesses
         Abdulla Juma Al Sari                Chairman
                                                                                      Comprehensive Insurance                Underwriting Profits
         Khalid Abdulla Omran                Vice Chairman                            Solutions
         Amjad Mohd Yusri Al Dweik Director
                                                                                      Profitability
         Majid Abdulla Al Sari               Director
        Source: Annual Report, Company Website, Primary and Secondary
        Research, GlobalData                                                          Opportunities                          Threats

       Share Data                                                                     Strategic Partnership                  Competition
         Al-Sagr National Insurance Company PSC
                                                                                      Growth Prospects in UAE                Solvency II Regulations
                                                                         4.55         Insurance Market
        EPS (AED)                                                        0.05
        Market Cap (million AED)                                          0.0        Source: Annual Report, Company Website, Primary and Secondary Research,
                                                                                     GlobalData
        Enterprise Value (million AED)                                    NA
        Shares Outstanding (million)                                     230
       Source: Annual Report, Company Website, Primary and Secondary
       Research, GlobalData

       Financial Performance




       Source: Annual Report, Company Website, Primary and Secondary
       Research, GlobalData




Al-Sagr National Insurance Company PSC (ASNIC) - Financial and                                                                Reference Code: GDFS223065FSA
Strategic SWOT Analysis Review
Source : www.globalcompanyintelligence.com                                                                                                                     Page 1
© GlobalData. This report is a licensed product and is not to be copied, reproduced, shared or resold in any form
       Table of Contents
       Table of Contents ............................................................................................................................................................................... 2
          List of Tables .................................................................................................................................................................................. 3
          List of Figures ................................................................................................................................................................................. 3
       Section 1 - About the Company.......................................................................................................................................................... 4
       Al-Sagr National Insurance Company PSC - Key Facts ..................................................................................................................... 4
       Al-Sagr National Insurance Company PSC - Key Employees ............................................................................................................ 5
       Al-Sagr National Insurance Company PSC - Key Operational Employees ........................................................................................ 6
       Al-Sagr National Insurance Company PSC - Major Products and Services ....................................................................................... 7
       Al-Sagr National Insurance Company PSC - History.......................................................................................................................... 8
       Al-Sagr National Insurance Company PSC - Locations And Subsidiaries .......................................................................................... 9
          Head Office ..................................................................................................................................................................................... 9
          Other Locations & Subsidiaries ....................................................................................................................................................... 9
          Affiliate .......................................................................................................................................................................................... 10
       Section 2 – Company Analysis ......................................................................................................................................................... 11
       Al-Sagr National Insurance Company PSC - Business Description ................................................................................................. 11
       Al-Sagr National Insurance Company PSC - SWOT Analysis .......................................................................................................... 12
          SWOT Analysis - Overview........................................................................................................................................................... 12
          Al-Sagr National Insurance Company PSC - Strengths ................................................................................................................ 12
             Strength - Comprehensive Insurance Solutions ........................................................................................................................ 12
             Strength - Profitability ................................................................................................................................................................ 12
          Al-Sagr National Insurance Company PSC - Weaknesses ........................................................................................................... 12
             Weakness - Underwriting Profits ............................................................................................................................................... 12
          Al-Sagr National Insurance Company PSC - Opportunities .......................................................................................................... 12
             Opportunity - Strategic Partnership ........................................................................................................................................... 12
             Opportunity - Growth Prospects in UAE Insurance Market ....................................................................................................... 13
             Opportunity - Growth Prospects of Insurance In Emerging Markets ......................................................................................... 13
          Al-Sagr National Insurance Company PSC - Threats ................................................................................................................... 13
             Threat - Competition.................................................................................................................................................................. 13
             Threat - Solvency II Regulations ............................................................................................................................................... 13
             Threat - Insurance Industry Challenges .................................................................................................................................... 13
       Al-Sagr National Insurance Company PSC - Key Competitors ........................................................................................................ 15
       Section 3 – Company Financial Ratios ............................................................................................................................................. 16
       Financial Ratios - Annual Ratios ....................................................................
								
To top