Emirates Insurance Company: stable and solid technical results

AM BEST has assigned the A- (Excellent) financial strength rating to Emirates Insurance Company. For the the rating agency, the Emirati insurer’s technical results are strong reporting an average combined ratio of 88.5% and a return on equity of 10% for the 2014-2018 period.

In 2018, Emirates recorded a pre-tax profit of 114 million AED (31 million USD) and a return on investment of 10.4%.

The company's profits are mainly driven by domestic operations. The Agency has noted the increasing development of Emirates internationally.

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