Orient Insurance PJSC 2023 IR
The report highlights Orient Insurance PJSC's performance for the fiscal year 2023, during which the company achieved a record Gross Written Premium of AED 7.42 billion, representing a 22% growth. Net profit also increased by 22% to exceed AED 636 million, maintaining the company's position as a market leader in the UAE. In addition to robust financial results, the company successfully transitioned to IFRS 17 and achieved an Emiratisation rate of 23.5%. On the sustainability front, Orient aligned its ESG initiatives with the UAE National Agenda and the UN Sustainable Development Goals, focusing on digital transformation, energy efficiency, and community support.
Company: Orient Insurance PJSC
Sector: Finance & insurance
Country: United Arab Emirates
Year: 2023
Type: IR
Pages: 163
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Orient Insurance PJSC
Integrated Report
The report highlights Orient Insurance PJSC's performance for the fiscal year 2023, during which the company achieved a record Gross Written Premium of AED 7.42 billion, representing a 22% growth. Net profit also increased by 22% to exceed AED 636 million, maintaining the company's position as a market leader in the UAE. In addition to robust financial results, the company successfully transitioned to IFRS 17 and achieved an Emiratisation rate of 23.5%. On the sustainability front, Orient aligned its ESG initiatives with the UAE National Agenda and the UN Sustainable Development Goals, focusing on digital transformation, energy efficiency, and community support.
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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
Assurance
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board
Net Zero Target
Employees