Ras Al Khaimah National Insurance Co (RAKNIC) is a UAE-based Company that provides all classes of insurance business including life assurance, saving and accumulation of funds.The Company operates through its head office in Ras Al Khaimah and two further branches in Dubai and Abu Dhabi, UAE.
RAK Insurance offers a wide array of products and services that includes Engineering Insurance, Group Health Insurance, Marine Insurance, Property Insurance, Life Insurance, Motor Insurance and Travel Insurance.
|Date Established||Nov 22, 1974|
|Listing Date||Jul 3, 2005|
|Paid-up Capital (AED)||100,000,000|
|Shares Per Value||1|
P.O. Box 506, Ras Al Khaimah
+971 7 2273000
+971 7 228 8500
RAKNIC is a public shareholding company incorporated in the Emirate of Ras Al-Khaimah by Alniri decree No. 20 dated 26 October 1976 which was amended by the Amiri decree No. 10 dated 7 December 1985 and Amiri decree No. 3 dated 5 April 1997 and issued by H.H. Sheikh Saqr Bin Mohammad Al Qasimi, The Ruler of the Emirate of Ras Al- Khaimah and its dependencies.The Company was established with a fully paid capital of AED 2 million.
|Shekh. Ahmed Bin Saqr Al Qassimi||Chairman|
|Mr. Ahmed Issa Al Naeem||Vice Chairman|
|Mr. Andrew Paul Smith||CEO|
|Mr. Elias Khozami||General Manager|
|Mr. Ahmed Salem Abdulla Salem||Board of Directors|
|Mr. Khaled Al Saffarini||Board of Directors|
|Mr. Roberto Santini||Board of Directors|