United Fidelity Insurance Co PSC 2022 IR
The report highlights Fidelity United's sustainability and financial performance for the fiscal year 2022. The company achieved a 10% increase in gross written premiums, reaching AED 422 million, and was assigned a Baa3 financial strength rating with a stable outlook by Moody's. On the environmental front, the company recycled 817 kg of paper, offsetting 13.61 tCO2e, and participated in a desert cleaning drive. Social initiatives included a blood donation drive, a partnership with Dubai Cares contributing AED 128,567, and increasing its Emiratization rate to 10.97%. In governance, the company implemented robotics process automation across key operations and increased its capital to AED 160 million.
Company: United Fidelity Insurance Co PSC
Sector: Finance & insurance
Country: United Arab Emirates
Year: 2022
Type: IR
Pages: 116
Back to company
United Fidelity Insurance Co PSC
Integrated Report
The report highlights Fidelity United's sustainability and financial performance for the fiscal year 2022. The company achieved a 10% increase in gross written premiums, reaching AED 422 million, and was assigned a Baa3 financial strength rating with a stable outlook by Moody's. On the environmental front, the company recycled 817 kg of paper, offsetting 13.61 tCO2e, and participated in a desert cleaning drive. Social initiatives included a blood donation drive, a partnership with Dubai Cares contributing AED 128,567, and increasing its Emiratization rate to 10.97%. In governance, the company implemented robotics process automation across key operations and increased its capital to AED 160 million.
Sign in for free to access detailed sustainability data, reporting standards, and ESG metrics.
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
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board