Profile: AFNIC | Fujairah National Insurance Co.

ABU DHABI SECURITIES EXCHANGE (ADX)Trading Hours: Sun - Thu 10:00 am-2:00 pm

Fujairah National Insurance Co. AFNIC
AFNIC 0.00%
Insurance 1.09%
ADI 0.03%
Last Value
% Change
Price in AED Last Update : 02 Aug 2017 12:00 pm (local time)


Corporate Details
Symbol AFNIC
Exchange Abu Dhabi
Sector Insurance
Auditors Deloitte & Touche
Company Description

Al Fujairah National Insurance Company offers a full range of insurance products and services providing extensive protection to individuals, families, small establishments, large corporations and government establishments. The Company has a wide network of full-fledged branch offices spread throughout the UAE, with active presence in Abu Dhabi, Dubai, Sharjah, Dibba and Fujairah, in addition to the Insurance ATM's installed at various petrol stations in Dubai.

Company Activities

AFNIC provides a comprehensive range of insurance products and consultancy services and underwrites all classes of general insurance such as Aviation Insurance, Energy Insurance, Liability Insurance, Life and Medical Insurance, Property Insurance, Marine Insurance and other classes of Insurance.

Equity Profile
Date Established Oct 25, 1976
Listing Date May 23, 2007
Paid-up Capital (AED) 100,000,000
Outstanding Shares 1,000,000
Shares Per Value 1
Contact Information

8th Floor, Insurance Bldg, Hamad Bin Abdullah St., P.O.Box: 277,Fujairah, UAE

+971 9 2233355

+971 9 2224344



Company History

AFNIC is a Public Shareholding Company established in 1976 under the patronage of the Ruler of Fujairah emirate, with a Paid-up Capital of AED 100 Million and a total Assets of over AED 400 Million. AFNIC is registered under the Federal Company Law, and Federal Insurance Law with the Government of Fujairah as the major Shareholders (with over 80% share).

Board Members & Senior Management
Mr. Abdul Ghaffour Behroozian Chairman
Mr. Mohamed Abdulla S Alsalami Vice Chairman
Mr. Antoine Maalouli General Manager
Mr. Saif Salami Board of Directors
Dr. Salem Abdo Khalil Board of Directors
Dr. Sulaiman Mousa Al Jassim Board of Directors
Mr. Humaid Mohamed Humaid Alyamahi Board of Directors
Mr.Shareif Al Awadhi Board of Directors
Mr. Saeed Mubarak Al Zahmy Board of Directors
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