Sukoon Insurance PJSC 2022 IR
The report details the financial and sustainability performance of Oman Insurance Company P.S.C. (rebranded as Sukoon) for the fiscal year 2022. Key achievements include reaching a record net profit of AED 223.6 million, a solvency margin of 280%, and maintaining an 89% customer satisfaction rate. The company successfully rebranded from Oman Insurance to Sukoon, launched the region's first Lloyd's Syndicate 2880, and acquired Generali's UAE life insurance portfolio. On the ESG front, Sukoon advanced its digital transformation, promoted employee wellbeing through its LivFit program, increased Emiratization to 16.2%, and supported community initiatives in partnership with the Emirates Red Crescent.
Company: Sukoon Insurance PJSC
Sector: Financials
Country: United Arab Emirates
Year: 2022
Type: IR
Pages: 78
Sukoon Insurance PJSC
Integrated Report
The report details the financial and sustainability performance of Oman Insurance Company P.S.C. (rebranded as Sukoon) for the fiscal year 2022. Key achievements include reaching a record net profit of AED 223.6 million, a solvency margin of 280%, and maintaining an 89% customer satisfaction rate. The company successfully rebranded from Oman Insurance to Sukoon, launched the region's first Lloyd's Syndicate 2880, and acquired Generali's UAE life insurance portfolio. On the ESG front, Sukoon advanced its digital transformation, promoted employee wellbeing through its LivFit program, increased Emiratization to 16.2%, and supported community initiatives in partnership with the Emirates Red Crescent.
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Document Details
Report Year
2022
Reporting Period
Jan 1, 2022 - Dec 31, 2022
Fiscal Year
2022
Published
Feb 1, 2023
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
Energy Consumption
Water Consumption
Women on Board
Women in Management
Employees