Sukoon Insurance PJSC 2023 IR
The report highlights Sukoon Insurance PJSC's financial and sustainability performance for the fiscal year 2023. Key achievements include rebranding from Oman Insurance Company to Sukoon, acquiring a majority stake in ASCANA (rebranded to Sukoon Takaful), and launching workplace savings solutions. Financially, the company achieved its highest-ever net profit of AED 257.4 million, with insurance revenue growing by 20% to AED 4.6 billion. On the ESG front, Sukoon advanced its digital transformation, achieved an 86% customer satisfaction score, and increased its Emiratization rate to 23.4%. The company also engaged in various community initiatives, including care packages for Gaza and internship programs in Oman.
Company: Sukoon Insurance PJSC
Sector: Financials
Country: United Arab Emirates
Year: 2023
Type: IR
Pages: 77
Sukoon Insurance PJSC
Integrated Report
The report highlights Sukoon Insurance PJSC's financial and sustainability performance for the fiscal year 2023. Key achievements include rebranding from Oman Insurance Company to Sukoon, acquiring a majority stake in ASCANA (rebranded to Sukoon Takaful), and launching workplace savings solutions. Financially, the company achieved its highest-ever net profit of AED 257.4 million, with insurance revenue growing by 20% to AED 4.6 billion. On the ESG front, Sukoon advanced its digital transformation, achieved an 86% customer satisfaction score, and increased its Emiratization rate to 23.4%. The company also engaged in various community initiatives, including care packages for Gaza and internship programs in Oman.
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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 in Management
Employees