Islamic Arab Insurance Co (Salama) PJSC 2024 IR
The report highlights Salama's performance and sustainability progress for the fiscal year 2024, marking its 45th anniversary as a leading Takaful provider. The company achieved a significant financial recovery, recording a net profit of AED 24.58 million compared to a net loss in 2023. Key achievements include the launch of the FlexiPlan health solution in Abu Dhabi, a comprehensive brand refresh, and the successful processing of over 1,400 motor claims following the severe April storms. Salama also advanced its Emiratization efforts by onboarding 16 UAE Nationals and achieved third place at the Emirates Labour Market Awards.
Company: Islamic Arab Insurance Co (Salama) PJSC
Sector: Financials
Country: United Arab Emirates
Year: 2024
Type: IR
Pages: 198
Islamic Arab Insurance Co (Salama) PJSC
Integrated Report
The report highlights Salama's performance and sustainability progress for the fiscal year 2024, marking its 45th anniversary as a leading Takaful provider. The company achieved a significant financial recovery, recording a net profit of AED 24.58 million compared to a net loss in 2023. Key achievements include the launch of the FlexiPlan health solution in Abu Dhabi, a comprehensive brand refresh, and the successful processing of over 1,400 motor claims following the severe April storms. Salama also advanced its Emiratization efforts by onboarding 16 UAE Nationals and achieved third place at the Emirates Labour Market Awards.
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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
Assurance
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Energy Consumption
Water Consumption
Women on Board
Women in Management
Employees