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Ras Al Khaimah Natinl Insrnc Compny PSC
6/F RAKBANK Building Al Jazeera
Sheikh Saqr Bin Mohammad Al Qasimi R/18
Phone: +971 72273000p:+971 72273000 RAS AL KHAIMAH CITY, United Arab Emirates Ticker: RAKNICRAKNIC
Business Summary
Ras Al Khaimah National Insurance Co PSC (RAKinsurance) is a United Arab Emirates-based public shareholding company that undertakes all classes of insurance business and services including life assurance, saving and accumulation of funds. The Company is organized into two business segments: the Underwriting of general insurance business segment covers all classes of general insurance, including fire, marine, motor, general accident and miscellaneous, and the Investments segment includes investments in United Arab Emirates (UAE) marketable equity securities, term deposits with banks, investment properties, trading investments and other securities. The Company operates through its head office in Ras Al Khaimah, and branch offices in Dubai and Abu Dhabi.
(Source: F-4)

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
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Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
6/30/202312/31/2022Yes----

Industries
SIC Code Description
6331 Fire, marine, and casualty insurance
6324 Hospital and medical service plans
6361 Title insurance
6311 Life insurance

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Non-Executive Chairman of the Board Salem AliAl Sharhan 8/30/2015 4/27/2014
Acting Chief Executive Officer SanjeevBadyal 8/18/2022 8/18/2022
Non-Executive Vice Chairman of the Board Ahmed Essa AhmadAl Naeem 1/1/2005 1/1/2005
11 additional Officers and Directors records available in full report.

Business Names
Business Name
RAKNIC
Ras Al-khaimah National Ins Co.
Ras Al-Khaimah National Insurance Co.

General Information
Number of Employees: 123 (As of 12/31/2014)
Outstanding Shares: 121,275,000 (As of 6/30/2023)
Stock Exchange: ABD
Fax Number: +971 72288500


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Thursday, April 18, 2024