Al Fujairah National Insurance Co PJSC 2024 SR
The report highlights AFNIC's commitment to sustainability, aligning with the UN SDGs and UAE national visions. In 2024, the company achieved a significant financial turnaround with a net profit of AED 25 million and a 52% increase in total premium revenue. Key achievements include the introduction of the 'FloodGuard' motor insurance and a 140% increase in local investments. AFNIC also improved its board diversity by electing its first female director and maintained a strong focus on digital transformation and data security.
Company: Al Fujairah National Insurance Co PJSC
Sector: Finance & insurance
Country: United Arab Emirates
Year: 2024
Type: SR
Pages: 76
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Al Fujairah National Insurance Co PJSC
Sustainability Report
The report highlights AFNIC's commitment to sustainability, aligning with the UN SDGs and UAE national visions. In 2024, the company achieved a significant financial turnaround with a net profit of AED 25 million and a 52% increase in total premium revenue. Key achievements include the introduction of the 'FloodGuard' motor insurance and a 140% increase in local investments. AFNIC also improved its board diversity by electing its first female director and maintained a strong focus on digital transformation and data security.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Published
Mar 1, 2024
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Sustainable Development Goals
Other Standards
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board
Women in Management
Workplace Fatalities
Employees