United Fidelity Insurance Co PSC 2024 IR
The report highlights Fidelity United Insurance's sustainability and financial performance for the fiscal year 2024. The company advanced its digital initiatives, resulting in a 20% decrease in printing per employee per month and saving 817 kg of paper, 5,719 gallons of water, and offsetting 13.61 tCO2e. Socially, Fidelity United organized wellness clinics, blood donation drives, and community food distributions, while increasing its Emiratisation rate to 19.05%. Financially, the company reported insurance revenue of AED 606.9 million, representing a 7% increase, despite facing a net loss after tax of AED 64.4 million due to severe weather-related claims.
Company: United Fidelity Insurance Co PSC
Sector: Finance & insurance
Country: United Arab Emirates
Year: 2024
Type: IR
Pages: 128
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United Fidelity Insurance Co PSC
Integrated Report
The report highlights Fidelity United Insurance's sustainability and financial performance for the fiscal year 2024. The company advanced its digital initiatives, resulting in a 20% decrease in printing per employee per month and saving 817 kg of paper, 5,719 gallons of water, and offsetting 13.61 tCO2e. Socially, Fidelity United organized wellness clinics, blood donation drives, and community food distributions, while increasing its Emiratisation rate to 19.05%. Financially, the company reported insurance revenue of AED 606.9 million, representing a 7% increase, despite facing a net loss after tax of AED 64.4 million due to severe weather-related claims.
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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
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board