Sukoon Insurance PJSC 2024 IR

The report highlights Sukoon Insurance PJSC's performance and sustainability initiatives for the fiscal year 2024, marking its 50th anniversary. The company achieved record-high insurance revenue of AED 5.41 billion and a profit before tax of AED 291.5 million. Key achievements include the successful rebranding of its entities to Sukoon Insurance and Sukoon Takaful, and the acquisition of Chubb's UAE life insurance portfolio. On the ESG front, the company maintained an 85% customer satisfaction rate, increased its Emiratization rate to 22.8%, and contributed AED 41,000 and OMR 3,276.722 to community development. Additionally, Sukoon advanced its digital transformation with the launch of the STP Health Plus portal and a B2B Motor portal.

Company: Sukoon Insurance PJSC

Sector: Financials

Country: United Arab Emirates

Year: 2024

Type: IR

Pages: 77

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Sukoon Insurance PJSC

Sukoon Insurance PJSC 2024 Integrated Report

Integrated Report

The report highlights Sukoon Insurance PJSC's performance and sustainability initiatives for the fiscal year 2024, marking its 50th anniversary. The company achieved record-high insurance revenue of AED 5.41 billion and a profit before tax of AED 291.5 million. Key achievements include the successful rebranding of its entities to Sukoon Insurance and Sukoon Takaful, and the acquisition of Chubb's UAE life insurance portfolio. On the ESG front, the company maintained an 85% customer satisfaction rate, increased its Emiratization rate to 22.8%, and contributed AED 41,000 and OMR 3,276.722 to community development. Additionally, Sukoon advanced its digital transformation with the launch of the STP Health Plus portal and a B2B Motor portal.

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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