Al Wathba National Insurance Co PJSC 2024 IR
The report highlights Al Wathba Insurance's financial and sustainability performance for the fiscal year 2024. The company achieved a record Gross Written Premium of AED 530 million, representing a 95% growth compared to 2023, despite challenges from severe weather events. In terms of environmental stewardship, the company expanded its green insurance portfolio, with green premiums for electric and hybrid vehicles growing by 161% year-on-year. Socially, the company maintained a 31% female workforce representation and achieved a 13% Emiratisation rate. Additionally, Al Wathba Insurance secured a Sustainability-Linked Loan from HSBC, reinforcing its commitment to national and global sustainable development goals.
Company: Al Wathba National Insurance Co PJSC
Sector: Finance & insurance
Country: United Arab Emirates
Year: 2024
Type: IR
Pages: 242
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Al Wathba National Insurance Co PJSC
Integrated Report
The report highlights Al Wathba Insurance's financial and sustainability performance for the fiscal year 2024. The company achieved a record Gross Written Premium of AED 530 million, representing a 95% growth compared to 2023, despite challenges from severe weather events. In terms of environmental stewardship, the company expanded its green insurance portfolio, with green premiums for electric and hybrid vehicles growing by 161% year-on-year. Socially, the company maintained a 31% female workforce representation and achieved a 13% Emiratisation rate. Additionally, Al Wathba Insurance secured a Sustainability-Linked Loan from HSBC, reinforcing its commitment to national and global sustainable development goals.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Water Consumption
Total Waste
Women on Board
Workplace Fatalities
Net Zero Target
Employees