Union Insurance Co PJSC 2023 IR
The report highlights Union Insurance Company's financial and sustainability performance for the fiscal year 2023. Despite management changes and restructuring challenges, the company implemented IFRS 17 and achieved a solvency ratio of 144.2%. On the environmental front, the company advanced its digital transformation, reducing paper usage and recycling 940 kg of paper, 2,680 ink cartridges, and 2,335 plastic water bottles. Socially, the company launched the Balsam wellness platform, achieved a 15.5% Emiratisation rate, and maintained a workforce with 32% female representation.
Company: Union Insurance Co PJSC
Sector: Finance & insurance
Country: United Arab Emirates
Year: 2023
Type: IR
Pages: 135
Back to company
Union Insurance Co PJSC
Integrated Report
The report highlights Union Insurance Company's financial and sustainability performance for the fiscal year 2023. Despite management changes and restructuring challenges, the company implemented IFRS 17 and achieved a solvency ratio of 144.2%. On the environmental front, the company advanced its digital transformation, reducing paper usage and recycling 940 kg of paper, 2,680 ink cartridges, and 2,335 plastic water bottles. Socially, the company launched the Balsam wellness platform, achieved a 15.5% Emiratisation rate, and maintained a workforce with 32% female representation.
Sign in for free to access detailed sustainability data, reporting standards, and ESG metrics.
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
Women on Board