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- FIDELITYUNITED
- :1.6
- :1.6
- ('000):160,000
- (AED '000):256,000
- :0
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0 - :0
- :
- -
- -
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0 -
(AED):
0 - (AED):0
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- Performance Comparison
- :Abu Dhabi Securities Exchange
- :Financials
- :Micro Cap
- :Insurance
Company Overview
- :01/01/1976
- :AED 160,000,000
- :AED 01
Activities
United Fidelity Insurance Company (UFIC) is a well-established insurance provider based in the United Arab Emirates (UAE). The company offers a wide range of insurance products and services to meet the diverse needs of its clients. UFIC is one of the oldest insurance companies in the Market, registered in 1976 under license # 8 with the Insurance Authority as "United Insurance Company". As of November 2018, the company partnered with the Lebanese Insurance Market Leader "Fidelity Assurance and Reinsurance SARL" and started operating under a new brand name "Fidelity United". This Partnership marks the first milestone towards the company's new vision and ambition to play a major role in the Region. UFIC provides various types of insurance, including general insurance, life insurance, and health insurance. Their products cover areas such as motor insurance, property insurance, marine insurance, and personal accident insurance. The company operates through three main business segments: commercial, consumer, and employee benefits. UFIC utilizes advanced technology to streamline its operations and enhance customer service. They offer online services for policy management, claims processing, and customer support. As a subsidiary of Americo Financial Life and Annuity Insurance Company, UFIC benefits from strong financial backing and stability. The executive management team oversees the company's operations and strategic direction. UFIC has received favorable ratings for its financial strength and stability. The company has shown consistent growth in its market presence and customer base. United Fidelity Insurance Company is committed to providing reliable and comprehensive insurance solutions, ensuring the financial security and peace of mind of its clients.
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Chairman:Nawwaf G. A. Al-Merri
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Vice-chairman:Ricardo M. Suleiman
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CEO:Ahmed Nasef
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General Manager:Bilal Adhami
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Managing Director:
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Board Members:
Fardan A. F. Al-Fardan
Khalid R. Al-Mazroui
Lara R. Sleiman
Mohammed G. A. Al-Marri
Nadeem A. I. Ahmad
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Auditors:
Grant Thornton
Head of Commercial Lines & Reinsurance
Head of Employee Benefits
Head of Consumer Lines
Head of Distribution
Chief Financial Officer (CFO)
Head of Operations, Customer Journey & Legal
Head of Claims
Head of Information Technology
Head of Human Capital & Administration
Abu Dhabi Branch Manager
Sharjah Branch Manager
Ras Al Khaimah Branch Manager
Fujairah Branch Manager
Chief Technical Officer
United Insurance Company said it has received the approval from the Securities and Commodities Authority ...
Read More ...
Union Insurance Company said on Sunday it reported a 12 per cent rise in gross insurance premium in ...
Read More ...
United Insurance Company remains mired in uncertainty over its survival as an ongoing financial concern, ...
Read More ...| Announced On | Period | As Of | Net Profit (SAR Mil) | Growth (%) |
|---|---|---|---|---|
| 16/02/2025 | 12-Month | 31/12/2024 | -66 | 0 |
| 21/12/2024 | 12-Month | 31/12/2023 | -17 | 0 |
| 14/11/2024 | 9-Month | 30/09/2024 | -15 | 0 |
| 14/08/2024 | 6-Month | 30/06/2024 | -10 | 0 |
| 14/05/2024 | 3-Month | 31/03/2024 | 03 | 0 |
- compliance@fidelityunited.ae
- www.fidelityunited.ae
- P.O.Box 1888 Dubai
| 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 | 6,675.83 | 167.6 | 0.35 | -9.74 | 21.48 | 5.96 | 0 | 0.88 | 7.41 | 26.44 |
| TAWUNIYA | 5,500.56 | 136.6 | -0.73 | 25.44 | 21.87 | 5.73 | 0 | 1.09 | 5.66 | 23.76 |
| ALRAJHITAKAFUL | 3,517.8 | 134.4 | 1.81 | 171.63 | 33.64 | 9.52 | 0 | 1.1 | 4.63 | 29.95 |
| RASAN | 1,692.82 | 83.8 | 0 | 0 | 97.89 | 0 | 0 | 0 | 0 | 0 |
| QATI | 1,663.1 | 1.89 | 1.06 | -5.42 | 8.42 | 0.05 | 2.99 | 1.1 | 1.2 | 5.21 |
| SAUDIRE | 986.61 | 43.75 | 5.29 | 158.2 | 7.49 | 5.1 | 0 | 1.05 | 2.32 | 7.74 |
| GINS | 957.99 | 1,029 | 0 | -38.39 | 0 | 2.29 | 4.2 | 0.07 | 1.74 | 11.49 |
| ADNIC | 954.2 | 6.14 | -0.17 | 0 | 8.41 | 1.2 | 0 | 0.24 | 3.55 | 12.47 |
| MEDGULF | 615.62 | 22.28 | 1.27 | 93.01 | 14.45 | 1.86 | 0 | 1 | -10.34 | -92.54 |
| AINS | 521.15 | 790 | 7.77 | 24.03 | 0 | 1.33 | 6.62 | 0.13 | 3.79 | 9.34 |
| WALAA | 421.62 | 18.8 | 1.07 | 16.16 | 12.2 | 1.36 | 0 | 1.13 | 7.93 | 25.35 |
| SUKOON | 418.65 | 3.33 | 0 | 0 | 5.79 | 0.79 | 0 | 0.08 | 1.06 | 4.17 |
| ARABIANSHIELD | 373.94 | 17.78 | 1.13 | 14.56 | 16.94 | 0.95 | 0 | 1.09 | 8.66 | 27.25 |
| KUWAITRE | 359.84 | 361 | -5.99 | 13.99 | 0 | 1.35 | 5.21 | -0.01 | 3.72 | 9.79 |
| DIN | 351.14 | 12.9 | 0 | 71.81 | 10.87 | 2.78 | 0 | -0.1 | 2.56 | 6.85 |
| CHUBB | 346.18 | 42.7 | -1.39 | 49.72 | 66.88 | 3.49 | 0 | 1.13 | 5.57 | 13.53 |
| QISI | 343.51 | 8.41 | 0 | 0.18 | 8.78 | 0.37 | 6.88 | 0.57 | 7.35 | 18.57 |
| DOHI | 341.74 | 2.52 | 0.39 | -0.85 | 6.59 | 0.12 | 5.82 | 0.22 | 4.18 | 7.55 |
| KINS | 326.81 | 537 | -0.38 | 31.11 | 0 | 1.42 | 9.01 | 0.06 | 4.28 | 10.42 |
| GIG | 311.21 | 26.2 | 0.96 | 1.4 | 17.92 | 2.2 | 0 | 1.14 | 2.46 | 9.86 |
| EIC.ADX | 301.73 | 6.66 | -9.88 | 0 | 0 | 0.95 | 8.33 | 0.03 | 4.16 | 9.85 |
| NGI | 298.58 | 7.18 | 7.96 | 3.13 | 9.04 | 2.2 | 0 | 0 | 2.65 | 7.28 |
| LIVA.MSM | 278.84 | 0.27 | 0 | -4.48 | 0 | 0 | 0 | 0.08 | 0 | 0 |
| MUTAKAMELA | 276.63 | 17.3 | 0 | 5.66 | 68.43 | 1.42 | 0 | 1.06 | 1.46 | 12.2 |
| JAZIRATKFL | 251.17 | 14.38 | 0.7 | 2.97 | 26.19 | 1.3 | 0 | 1.11 | 5.1 | 7.97 |
| QGRI | 250.19 | 1.06 | 0.95 | 6.7 | 31.72 | 0.01 | 5.06 | 0.3 | 0.68 | 1.06 |
| AWNIC | 236.65 | 4.2 | 0 | 0 | -13.49 | 1.04 | 0 | 0.06 | 4.05 | 6.88 |
| WATANIYA | 220.45 | 20.96 | 1.35 | 32.04 | 8.1 | 1.94 | 0 | 1.05 | 5.82 | 24.29 |
| ARIG | 211.2 | 0.96 | 0 | 0 | 8.38 | 0.82 | 10.1 | 0.03 | 0.86 | 3.8 |
| BEMA | 210.76 | 3.87 | 0 | 2.79 | 9.15 | 0 | 0 | 0 | 0 | 0 |
| ALETIHAD | 202.81 | 15.26 | 0.26 | 0 | 9.53 | 0 | 0 | 0 | 0 | 0 |
| QLMI | 187.75 | 1.96 | -0.51 | -9.11 | 10.6 | 0 | 0 | 0 | 0 | 0 |
| MALATHINSURANCE | 187.35 | 14.26 | 1.42 | 3.21 | 27.1 | 6.42 | 0 | 1.07 | -0.49 | -5.25 |
| ABNIC | 183.74 | 2.7 | 0 | 0 | 0 | 1.04 | 0 | -0.07 | 2.19 | 6.02 |
| AICC | 178.25 | 12.7 | 0.63 | -5.74 | 14.92 | 1.32 | 0 | 0.99 | 2.15 | 6.89 |
| GULFUNIONALAHLIA | 172.7 | 14.22 | 0.7 | 15.54 | 8.74 | 1.35 | 0 | 1.06 | 4.41 | 16.62 |
| AKHI | 164.05 | 2.39 | 1.27 | -14.62 | 7.96 | 0.12 | 4.88 | 0.36 | 1.13 | 2.27 |
| LIVA | 157.34 | 14.96 | 1.35 | -7.72 | 20.63 | 1.66 | 0 | 1.12 | 4.74 | 10.5 |
| BNH | 155.84 | 0.52 | 0 | 0 | 11.13 | 1.21 | 3.88 | 0.04 | 4.3 | 7.72 |
| BURUJ | 149.03 | 18.74 | 0.53 | 12.39 | 40.82 | 1.22 | 0 | 1.1 | 10.12 | 31.24 |
| TKFL | 143.19 | 5.01 | 0 | 0 | 4.96 | 1.66 | 4 | -0.14 | 5.39 | 16.79 |
| DHAFRA | 132.29 | 4.86 | 0 | 0 | 10.4 | 1.45 | 0 | -0.08 | 3.14 | 10.13 |
| BKIC | 128.38 | 0.34 | 0 | 0 | 10.12 | 0.71 | 6.12 | -0.08 | 1.42 | 7.42 |
| ALAIN | 122.49 | 30 | 0 | 0 | 0 | 0.39 | 3.33 | -0.04 | 0.89 | 4.23 |
| SAICO | 122.16 | 16 | 4.71 | 24.68 | 9.41 | 1.16 | 0 | 1.06 | 3.42 | 14.39 |
| DNIR | 117.27 | 3.73 | 0 | -16.44 | 9.89 | 0.86 | 0 | 0.03 | 5.66 | 10.02 |
| ACIG | 116.33 | 14.92 | -0.54 | 25.26 | 9.12 | 2.2 | 0 | 1.01 | 2.02 | 7.98 |
| ALSAGRINSURANCE | 115.29 | 14.6 | 1.24 | 22.66 | 15.25 | 0.77 | 0 | 1.08 | 1.22 | 2.93 |
| RAKNIC | 108.94 | 3.3 | 0 | 0 | 0 | 1.51 | 0 | -0.02 | 4.14 | 13.97 |
| AMANAINSURANCE | 108.87 | 9.52 | 0.21 | -1.2 | 50.99 | 1.04 | 0 | 1.24 | 2.44 | 8.65 |
| ALLIANCE | 106.16 | 390 | 0 | 0 | 0 | 0.85 | 0 | 0 | 3.59 | 10.4 |
| SALAMA.DFM | 99.74 | 0.4 | 2.56 | -8.73 | -2.62 | 0.65 | 0 | 1.05 | 1.35 | 6.71 |
| UCA | 95.51 | 8.97 | 0.11 | 22.99 | 18.13 | 0.98 | 0 | 0.99 | 4.36 | 15.87 |
| BKIKWT | 93.61 | 191 | 0 | 0 | 0 | 0 | 0 | -0.04 | 0 | 0 |
| WINSRE | 91.16 | 161 | 0 | 50.93 | 0 | 0.67 | 16.34 | 0.33 | -4.25 | -8.4 |
| ORIENT | 90.23 | 66.3 | 0 | 0 | 0.51 | 0.14 | 0 | 0 | 5.28 | 14.46 |
| SALAMA | 79.42 | 14.98 | 0.53 | 0 | 12.52 | 1.54 | 0 | 1.12 | 6.59 | 24.57 |
| ORIC | 77.18 | 0.09 | 0 | 0 | 14.06 | 0 | 0 | 0 | 0 | 0 |
| AFNIC | 76.08 | 210 | 0 | 0 | 0 | 0.99 | 0 | 0 | 5.59 | 12.64 |
| GULFGENERAL | 70.84 | 8.88 | 0.22 | 5.44 | -25.92 | 0.85 | 0 | 1.21 | 4.81 | 12.27 |
| FIDELITYUNITED | 69.68 | 1.6 | 0 | 0 | 0 | 1.7 | 0 | 0 | 0.3 | 0.92 |
| SUKOONTAKAFL | 64.97 | 1.55 | 0 | -65.38 | 11.45 | 0.8 | 0 | 0.03 | 4.03 | 8.06 |
| ENAYA | 63.26 | 10.5 | 1.74 | -13.64 | -14.25 | 1.29 | 0 | 1.21 | -3.77 | -8.59 |
| FTI | 61.91 | 175 | -1.13 | -31.06 | 0 | 1.53 | 0 | 0.01 | 13.45 | 19.88 |
| SICO | 61.76 | 1.65 | 0 | 0 | 0 | 1.04 | 0 | 0.01 | 10.26 | 17.29 |
| SOLID | 58.83 | 0.36 | 0 | 0 | 8.31 | 1.7 | 0 | 0.03 | -2.03 | -5 |
| DICS | 58.46 | 0.2 | 0 | 9.52 | 5.24 | 2.44 | 0 | 0.13 | -1.1 | -7.19 |
| OQIC | 57.03 | 0.22 | 0 | 16.04 | 16.79 | 0 | 0 | 0.04 | 0 | 0 |
| TAKAFULEM | 56.35 | 1.36 | -1.45 | 136.18 | 4.65 | 1.26 | 0 | 0.39 | 0.52 | 3.98 |
| OUIC | 54.44 | 0.21 | 0 | 0 | 9.05 | 0.75 | 0 | 1.22 | 2.72 | 10.66 |
| UNION | 54.05 | 0.6 | 0 | 0 | 0 | 0.65 | 0 | 0.14 | 0.48 | 2.86 |
| WATANIA | 46.74 | 0.66 | 0 | 0 | 5.99 | 0 | 0 | 0.68 | 0 | 0 |
| ASNIC | 41.32 | 0.66 | 0 | -0.45 | -1.76 | 0.34 | 0 | 0.04 | 0.54 | 1.41 |
| AMAT | 36.29 | 0.08 | 0 | -6.67 | 8.42 | 0.57 | 0 | 1 | 1.24 | 9.37 |
| AFIC | 32.14 | 0.12 | 0 | 0 | 7.84 | 0 | 0 | 0.14 | 0 | 0 |
| IH | 27.48 | 0.85 | 0 | 0 | 0 | 1.17 | 0 | -0.01 | 1.61 | 4.72 |
| METHAQ | 26.54 | 0.65 | 0 | 0 | 0 | 1.27 | 0 | 0.45 | 3.1 | 20.9 |
| AMAN | 21.51 | 0.33 | -5.72 | -18.09 | -3.48 | 1.02 | 0 | 0.53 | -1.23 | -19.5 |
| TAOI | 20.74 | 0.05 | 0 | 0 | 12.5 | 0.33 | 0 | 0.24 | 8.15 | 13.81 |
| TAKAFUL | 19.8 | 0.12 | 0 | -6.25 | 6.67 | 1.15 | 0 | 0.1 | 0.52 | 3.12 |
| MCTI | 14.58 | 0.51 | 0 | -13.51 | 34 | 0.31 | 0 | 0.04 | 2.57 | 8.13 |
| WETHAQ | 14.18 | 40.3 | 2.8 | 67.72 | 0 | 0.37 | 0 | 0.29 | 3.29 | 3.31 |
| AKIC | 6.53 | 0.24 | 0 | 0 | -0.41 | 0.68 | 0 | -0.03 | -19.63 | -93.13 |
Financial Information Co.
P.O. Box 69410, Jeddah 11547, Saudi Arabia