Please wait...
GulfBase Live Support
- Bahrain All Share Index, Islamic Index close higher
- Rising demand for freelance digital work in Oman
- Alba achieves key milestone with 37m safe working hours
- UAE, China launch service centre to boost $400bn Arab trade
- Rusayl Industrial City localises 17 projects worth RO49mn
- Oman's GDP grows 4.7% during Q1, reaches RO10.53bn
- Trump Metal Tariffs Wreak Havoc on US Factory
- Saudi ROSHN Group Named One of World's 25 Most Powerful Real Estate Brands by Brand Finance
- QSE enters sixth day of bull run; M-cap adds QR5.62bn
- Doha Oasis and Ahlibank in strategic partnership
- RAKNIC
- :3.3
- :3.3
- ('000):121,275
- (AED '000):400,208
- :-0.02
-
0 - :38
- :0
- -
- 11.11%
-
0 -
(AED):
0 - (AED):3,598
- :0
- Performance Comparison
- :Abu Dhabi Securities Exchange
- :Financials
- :Micro Cap
- :Insurance
Company Overview
- :22/11/1974
- :AED 121,275,000
- :AED 01
Activities
Ras Al-Khaimah National Insurance Company (RAK Insurance) is a prominent insurance provider in the United Arab Emirates (UAE). Established in 1974, the company has grown significantly from its initial paid-up capital of AED 2 million to AED 121.275 million. RAK Insurance aims to be a leading customer-focused insurer in the UAE, offering innovative and competitive insurance products across multiple channels to both individuals and businesses. Their mission is to provide "Simply Better" insurance solutions, ensuring customer satisfaction and loyalty. The company offers a wide range of insurance products, including life assurance, medical insurance, motor insurance, and general insurance. They cater to both personal and commercial needs, ensuring comprehensive coverage for their clients. RAK Insurance has invested heavily in digital and technological advancements to improve operational efficiency and customer experience. They offer a mobile app and an online portal that provide easy access to their suite of products and services, allowing customers to manage their information and claims online. Despite the competitive landscape of the UAE insurance sector, RAK Insurance has maintained a resilient financial position. They have achieved consistent year-on-year premium growth and hold a Standard & Poor's rating of BBB+ with a stable outlook. The company emphasizes strong stakeholder management, robust governance, and qualified staff. These factors contribute to their longevity and success in the market. RAKBANK is a major shareholder of RAK Insurance, and together they have initiated a rebranding exercise to reflect their special relationship. This collaboration aims to support better product and service innovations, stimulating growth and increasing revenue streams. RAK Insurance is dedicated to continuous improvement and development. They focus on sustainable growth, employee engagement, and support for the Emiratisation program, which aims to increase the employment of UAE nationals.
-
Chairman:Shk. Omar S. K. Al-Qasimi
-
Vice-chairman:Ahmed E. A. Al-Naim
-
CEO:Sanjeev Badyal
-
General Manager:Claude J. Zoghbi
-
Managing Director:
-
Board Members:
Aarefa Al-Falahi
Bernhard Schluep
Dongjun Choi
Futooh Al-Zayani
Safwan Ghaleb
-
Auditors:
Grant Thornton
Chief Distribution Officer
Financial Controller
Chief Transformation Officer
Chief Financial Officer (CFO)
Chief Commercial Officer
Head of Compliance
Motor Underwriting & Claims Head
SMC Member & Head Of Commercial
Head of Legal Department
HR Manager
Head of Life
Senior Claims Manager
Chief Reinsurance Officer
Standard & Poor's Ratings Services today assigned to Ras Al-Khaimah National Ins Co. (RAK Insurance) ...
Read More ...
As Ras Al Khaimah National Insurance Co. Board of Directors Meeting will be held at 11:00 AM on Sunday ...
Read More ...| Announced On | Period | As Of | Net Profit (SAR Mil) | Growth (%) |
|---|---|---|---|---|
| 17/04/2025 | 3-Month | 31/03/2025 | 11 | 0 |
| 22/01/2025 | 12-Month | 31/12/2024 | 15 | 0 |
| 15/10/2024 | 9-Month | 30/09/2024 | 11 | 0 |
| 25/07/2024 | 6-Month | 30/06/2024 | 1,736 | 0 |
| 25/04/2024 | 3-Month | 31/03/2024 | 03 | 0 |
| Market Cap US$ Mil |
Last Price Local Cry |
Price Change (%) 1 Day |
Price Change (%) 1 Year |
P/E TTM | P/B MRQ | Dividend Yield (%) | Beta | ROA (%) | ROE (%) | |
|---|---|---|---|---|---|---|---|---|---|---|
| BUPAARABIA | 7,195.5 | 178.1 | -1.06 | -27.07 | 22.75 | 6.35 | 0 | 0.88 | 7.41 | 26.44 |
| TAWUNIYA | 6,316.05 | 158 | 0 | 13.51 | 21.8 | 6.41 | 0 | 1.09 | 5.66 | 23.76 |
| ALRAJHITAKAFUL | 3,365.9 | 128.6 | 1.82 | -31.73 | 32.19 | 8.67 | 0 | 1.1 | 4.63 | 29.95 |
| RASAN | 1,803.92 | 86.9 | -2.69 | 31.32 | 104.31 | 0 | 0 | 0 | 0 | 0 |
| QATI | 1,716.46 | 2 | 3.62 | -8.1 | 8.61 | 0.06 | 2.99 | 1.1 | 1.2 | 5.21 |
| SAUDIRE | 1,187.26 | 51 | 2 | 79.53 | 9.31 | 5.95 | 0 | 1.05 | 2.32 | 7.74 |
| ADNIC | 1,005.4 | 6.48 | 0 | 8.91 | 8.86 | 1.26 | 0 | 0.24 | 3.55 | 12.47 |
| GINS | 948.68 | 1,019 | 0 | -47.2 | 11.19 | 0 | 4.2 | 0.07 | 1.74 | 11.49 |
| AINS | 533.24 | 750 | 0 | -4.09 | 7.3 | 0 | 6.62 | 0.13 | 3.79 | 9.34 |
| MEDGULF | 523.83 | 20.06 | 7.15 | -31.18 | 20.61 | 1.55 | 0 | 1 | -10.34 | -92.54 |
| SUKOON | 418.65 | 3.33 | 0 | 152.27 | 5.79 | 0.79 | 0 | 0.08 | 1.06 | 4.17 |
| DIN | 402.86 | 14.8 | 0 | 98.66 | 11.19 | 3.19 | 0 | -0.1 | 2.56 | 6.85 |
| WALAA | 383.32 | 17.54 | 3.72 | -41.49 | -33.06 | 1.22 | 0 | 1.13 | 7.93 | 25.35 |
| QISI | 352.08 | 8.69 | 0.81 | 7.62 | 8.93 | 0.38 | 6.88 | 0.57 | 7.35 | 18.57 |
| ARABIANSHIELD | 345.65 | 16.5 | 1.53 | -23.99 | 21.03 | 0.86 | 0 | 1.09 | 8.66 | 27.25 |
| DOHI | 343.1 | 2.53 | 0.39 | 1.82 | 6.6 | 0.12 | 5.82 | 0.22 | 4.18 | 7.55 |
| KINS | 324.99 | 536 | 0 | 3.08 | 9.53 | 0 | 9.01 | 0.06 | 4.28 | 10.42 |
| KUWAITRE | 318.61 | 340 | 0 | -10.76 | 6.93 | 0 | 5.21 | -0.01 | 3.72 | 9.79 |
| GIG | 317.56 | 26.54 | 0.22 | -4.23 | 18.29 | 2.18 | 0 | 1.14 | 2.46 | 9.86 |
| QGRI | 309.76 | 1.35 | 3.84 | 40.69 | 18.76 | 0.02 | 5.06 | 0.3 | 0.68 | 1.06 |
| CHUBB | 299.01 | 37.14 | -0.7 | 16.15 | 57.77 | 2.87 | 0 | 1.13 | 5.57 | 13.53 |
| EIC.ADX | 289.89 | 7.1 | 0 | -5.33 | 0 | 0.91 | 8.33 | 0.03 | 4.16 | 9.85 |
| NGI | 269.4 | 6.75 | 12.5 | 20.24 | 7.76 | 1.98 | 0 | 0 | 2.65 | 7.28 |
| MUTAKAMELA | 263.84 | 16.35 | -0.91 | -9.54 | 90.11 | 1.29 | 0 | 1.06 | 1.46 | 12.2 |
| LIVA.MSM | 258.19 | 0.26 | 4 | -25.37 | 0 | 0 | 0 | 0.08 | 0 | 0 |
| JAZIRATKFL | 238.33 | 13.74 | 1.4 | -25.47 | 24.85 | 1.21 | 0 | 1.11 | 5.1 | 7.97 |
| ARIG | 211.2 | 0.96 | 0 | -8.13 | 7.99 | 0.82 | 10.1 | 0.03 | 0.86 | 3.8 |
| BEMA | 206.95 | 3.8 | 0 | -2.24 | 8.98 | 0 | 0 | 0 | 0 | 0 |
| ABNIC | 203.47 | 2.99 | 0 | -0.33 | -20.24 | 1.15 | 0 | -0.07 | 2.19 | 6.02 |
| AWNIC | 202.84 | 3.6 | 0 | -30.77 | 20.25 | 0.89 | 0 | 0.06 | 4.05 | 6.88 |
| QLMI | 190.61 | 2.03 | 1.5 | -0.4 | 10.76 | 0 | 0 | 0 | 0 | 0 |
| ALETIHAD | 185.75 | 14.25 | 2.22 | -22.9 | 8.73 | 0 | 0 | 0 | 0 | 0 |
| WATANIYA | 184.63 | 18.16 | 4.84 | -43.4 | 6.79 | 1.6 | 0 | 1.05 | 5.82 | 24.29 |
| MALATHINSURANCE | 181.22 | 13.92 | 2.35 | -25.52 | 26.85 | 6.21 | 0 | 1.07 | -0.49 | -5.25 |
| GULFUNIONALAHLIA | 179.06 | 14.86 | 1.5 | -23.03 | -42.41 | 1.36 | 0 | 1.06 | 4.41 | 16.62 |
| AICC | 169.21 | 12.59 | 5.09 | -18.17 | 23.73 | 1.19 | 0 | 0.99 | 2.15 | 6.89 |
| AKHI | 161.96 | 2.35 | 0.85 | -1.98 | 8.94 | 0.12 | 4.88 | 0.36 | 1.13 | 2.27 |
| TKFL | 158.62 | 5.55 | 0 | 38.4 | 7.01 | 1.84 | 4 | -0.14 | 5.39 | 16.79 |
| BNH | 149.84 | 0.5 | 0 | 11.11 | 11.55 | 1.17 | 3.88 | 0.04 | 4.3 | 7.72 |
| LIVA | 142.52 | 13.46 | 0.67 | -25.56 | 18.69 | 1.47 | 0 | 1.12 | 4.74 | 10.5 |
| BKIC | 135.93 | 0.36 | 0 | 1.41 | 10.43 | 0.75 | 6.12 | -0.08 | 1.42 | 7.42 |
| BURUJ | 134 | 18 | 7.39 | -12.16 | 36.71 | 1.07 | 0 | 1.1 | 10.12 | 31.24 |
| DHAFRA | 132.29 | 4.86 | 0 | -16.21 | 12.66 | 1.45 | 0 | -0.08 | 3.14 | 10.13 |
| SAICO | 124.64 | 15.79 | 1.28 | 2.3 | 0 | 1.16 | 0 | 1.06 | 3.42 | 14.39 |
| ALAIN | 122.49 | 30 | 0 | 0 | 0 | 0.39 | 3.33 | -0.04 | 0.89 | 4.23 |
| ALSAGRINSURANCE | 111.13 | 14 | 0.71 | -22 | 0 | 0.73 | 0 | 1.08 | 1.22 | 2.93 |
| RAKNIC | 108.94 | 3.3 | 0 | 10 | 0 | 1.51 | 0 | -0.02 | 4.14 | 13.97 |
| ALLIANCE | 106.16 | 390 | 0 | 0 | 14.35 | 0.85 | 0 | 0 | 3.59 | 10.4 |
| DNIR | 105.32 | 3.35 | 0 | -6.94 | 7.23 | 0.77 | 0 | 0.03 | 5.66 | 10.02 |
| SALAMA.DFM | 104.86 | 0.4 | -2.44 | 10.81 | 29.5 | 0.69 | 0 | 1.05 | 1.35 | 6.71 |
| AMANAINSURANCE | 102.91 | 8.99 | 0.11 | -25.91 | 48.2 | 0.94 | 0 | 1.24 | 2.44 | 8.65 |
| ACIG | 98.26 | 12.84 | 1.34 | -33.87 | -13.4 | 1.81 | 0 | 1.01 | 2.02 | 7.98 |
| BKIKWT | 93.61 | 191 | 0 | 0 | 0 | 0 | 0 | -0.04 | 0 | 0 |
| ORIENT | 90.23 | 66.3 | 0 | 0 | 0.47 | 0.14 | 0 | 0 | 5.28 | 14.46 |
| UNION | 88.28 | 0.98 | 0 | 50.77 | 0 | 1.06 | 0 | 0.14 | 0.48 | 2.86 |
| WINSRE | 85.5 | 151 | 0 | 7.86 | 6.72 | 0 | 16.34 | 0.33 | -4.25 | -8.4 |
| UCA | 78.78 | 7.46 | 0.94 | -30.41 | -6.81 | 0.8 | 0 | 0.99 | 4.36 | 15.87 |
| ORIC | 77.18 | 0.09 | 0 | 5.88 | 14.06 | 0 | 0 | 0 | 0 | 0 |
| AFNIC | 76.08 | 210 | 0 | 0 | 0 | 0.99 | 0 | 0 | 5.59 | 12.64 |
| SALAMA | 73.34 | 14.11 | 2.54 | -48.85 | 0 | 1.39 | 0 | 1.12 | 6.59 | 24.57 |
| FIDELITYUNITED | 69.68 | 1.6 | 0 | 0 | 0 | 1.7 | 0 | 0 | 0.3 | 0.92 |
| ENAYA | 62.21 | 10.28 | 1.28 | -35.84 | -14.01 | 1.22 | 0 | 1.21 | -3.77 | -8.59 |
| SICO | 61.76 | 1.65 | 0 | 3.12 | 0 | 1.04 | 0 | 0.01 | 10.26 | 17.29 |
| OUIC | 59.63 | 0.23 | 0 | -13.21 | 10.22 | 0.82 | 0 | 1.22 | 2.72 | 10.66 |
| SOLID | 58.83 | 0.38 | 5.55 | 12.85 | 5.95 | 1.74 | 0 | 0.03 | -2.03 | -5 |
| DICS | 58.46 | 0.2 | 0 | -4.31 | 5.26 | 2.44 | 0 | 0.13 | -1.1 | -7.19 |
| FTI | 58.41 | 169 | 1.19 | 12.08 | -97.82 | 0 | 0 | 0.01 | 13.45 | 19.88 |
| OQIC | 51.85 | 0.2 | 0 | 6.95 | 15.27 | 0 | 0 | 0.04 | 0 | 0 |
| TAKAFULEM | 50.63 | 1.24 | 0 | 125.45 | 23.4 | 1.12 | 0 | 0.39 | 0.52 | 3.98 |
| GULFGENERAL | 49.49 | 6.08 | -1.78 | -55.85 | -1.65 | 0.58 | 0 | 1.21 | 4.81 | 12.27 |
| SUKOONTAKAFL | 49.04 | 1.17 | 0 | -26.88 | 9.49 | 0.54 | 0 | 0.03 | 4.03 | 8.06 |
| WATANIA | 46.74 | 0.65 | -1.52 | 32.26 | 5.99 | 0 | 0 | 0.68 | 0 | 0 |
| ASNIC | 41.32 | 0.66 | 0 | 0 | -0.98 | 0.34 | 0 | 0.04 | 0.54 | 1.41 |
| AFIC | 37.49 | 0.14 | 0 | 15.7 | 9.15 | 0 | 0 | 0.14 | 0 | 0 |
| AMAT | 36.29 | 0.08 | 0 | 0 | 8.42 | 0.57 | 0 | 1 | 1.24 | 9.37 |
| WETHAQ | 30.06 | 76 | -8.55 | 104.68 | 160.74 | 0 | 0 | 0.29 | 3.29 | 3.31 |
| METHAQ | 26.54 | 0.65 | 0 | 0.78 | 0 | 1.27 | 0 | 0.45 | 3.1 | 20.9 |
| TAKAFUL | 21.45 | 0.13 | 0 | 1.56 | 6.7 | 1.25 | 0 | 0.1 | 0.52 | 3.12 |
| IH | 19.4 | 0.65 | 8.33 | -37.43 | 0 | 0.83 | 0 | -0.01 | 1.61 | 4.72 |
| MCTI | 18.86 | 0.66 | 0 | 100 | 33.17 | 0.36 | 0 | 0.04 | 2.57 | 8.13 |
| AMAN | 18.43 | 0.3 | 0 | -18.92 | -2.38 | 0.87 | 0 | 0.53 | -1.23 | -19.5 |
| TAOI | 16.59 | 0.05 | 25 | -23.08 | 10 | 0.26 | 0 | 0.24 | 8.15 | 13.81 |
| AKIC | 6.53 | 0.24 | 0 | 0.84 | -0.41 | 0.68 | 0 | -0.03 | -19.63 | -93.13 |
Financial Information Co.
P.O. Box 69410, Jeddah 11547, Saudi Arabia