Ras al Khaimah National Insurance Co PSC 2022 IR
The report outlines the financial and sustainability performance of Ras Al Khaimah National Insurance Company P.S.C. (RAKINSURANCE) for the year 2022. Financially, the company recorded a gross written premium of AED 433 million and a net loss of AED 35 million. On the sustainability front, the company successfully met its Emiratisation targets, achieving a 12% Emiratisation rate. Additionally, through its "go digital go green" initiative, the company doubled its paper recycling impact, saving the equivalent of 15 trees. RAKINSURANCE also engaged in community initiatives, including donating 50 computer desktops to the Beit Al Khair Society and distributing 700 food packs during Ramadan.
Company: Ras al Khaimah National Insurance Co PSC
Sector: Finance & insurance
Country: United Arab Emirates
Year: 2022
Type: IR
Pages: 146
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Ras al Khaimah National Insurance Co PSC
Integrated Report
The report outlines the financial and sustainability performance of Ras Al Khaimah National Insurance Company P.S.C. (RAKINSURANCE) for the year 2022. Financially, the company recorded a gross written premium of AED 433 million and a net loss of AED 35 million. On the sustainability front, the company successfully met its Emiratisation targets, achieving a 12% Emiratisation rate. Additionally, through its "go digital go green" initiative, the company doubled its paper recycling impact, saving the equivalent of 15 trees. RAKINSURANCE also engaged in community initiatives, including donating 50 computer desktops to the Beit Al Khair Society and distributing 700 food packs during Ramadan.
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Document Details
Report Year
2022
Reporting Period
Jan 1, 2022 - Dec 31, 2022
Fiscal Year
2022
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board
Workplace Fatalities
Employees