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| Company: Al Khazna Insurance |
| Date of creation: 1996 | |
| Classes of business: Life and non life | |
| Geographical presence: 2 branches & 2 offices in UAE |
Al Khazna Insurance: contact
| Head office | Villa No. 86, Al R'Doum Street, East of Al Nahyan Camp P. O. Box 73343, Abu Dhabi - United Arab Emirates |
| Phone | +971 2 6969700 |
| khazna@emirates.net.ae / khazna@akic.ae | |
| Website | https://alkhazna.com/ |
Al Khazna Insurance: management
| Chairman of the board of directors | Khalifa Mohamed Abdul Aziz Rubaya Al Muhairi |
| CEO | Nabil S. Kawar |
Al Khazna Insurance: share capital, shareholder’s equity and shareholding
Figures in USD| 2021 | 2020 | ▲ | |
| Share capital | 27 222 000 | 27 222 000 | - |
| Shareholder’s equity | 13 582 000 | 2 394 000 | 467.34% |
| Main shareholders | % | % | |
| Mohammed Abdulaziz Rubaya Shahin Al Muhairi | 9.4146 | Hazza Mohamed Abdulaziz Rubaya Al Muhairi | 5.0003 |
| Petroleum Engineering and Construction Establishment | 6.6886 |
Al Khazna Insurance: turnover and result
Figures in USD
| 2021 | 2020 | ▲ | |
| Turnover | 1 622 000 | 5 374 000 | -69.82% |
| Net result | 11 187 000 | -17 362 000 | -164.43% |
Al Khazna Insurance: main indicators
Figures in %| 2021 | 2020 | ▲ | |
| Net loss ratio | NA | NA | - |
| Net management expenses ratio | NA | NA | - |
| Net combined ratio | NA | NA | - |
| Shareholder's equity / Technical reserves | NA | NA | - |
| Shareholder's equity / Gross written premiums | 837.55 | 44.55 | 1780 |
| Net result / Gross written premiums | 689.89 | -323.06 | -313.55 |
| Net result / Shareholder's equity (ROE) | 82.37 | -725.2 | -111.36 |
Exchange rate as at 31/12/2020 : 1 AED = 0.27222 USD ; at 31/12/2021 : 1 AED = 0.27222 USD