Hayah Insurance Co PJSC 2023 IR
The report outlines HAYAH Insurance Company P.J.S.C.'s financial, governance, and sustainability performance for the fiscal year 2023. The company achieved a 24% increase in total insurance revenue to AED 89 million, despite recording a net loss of AED 5.7 million. Key sustainability highlights include advancing digitalization with the launch of a fully digitalized life insurance solution, investing AED 1.3 million in capital expenditure and AED 2.4 million in operational expenditure. In terms of environmental responsibility, HAYAH consumed 36.3 MWh of energy and 70 cubic meters of water. Additionally, the company achieved a 13% Emiratization rate and maintained a workforce with 44% female representation, including 36% in senior management.
Company: Hayah Insurance Co PJSC
Sector: Finance & insurance
Country: United Arab Emirates
Year: 2023
Type: IR
Pages: 153
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Hayah Insurance Co PJSC
Integrated Report
The report outlines HAYAH Insurance Company P.J.S.C.'s financial, governance, and sustainability performance for the fiscal year 2023. The company achieved a 24% increase in total insurance revenue to AED 89 million, despite recording a net loss of AED 5.7 million. Key sustainability highlights include advancing digitalization with the launch of a fully digitalized life insurance solution, investing AED 1.3 million in capital expenditure and AED 2.4 million in operational expenditure. In terms of environmental responsibility, HAYAH consumed 36.3 MWh of energy and 70 cubic meters of water. Additionally, the company achieved a 13% Emiratization rate and maintained a workforce with 44% female representation, including 36% in senior management.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Energy Consumption
Water Consumption
Women on Board
Women in Management
Employees