Union Insurance Overview
- Year Founded
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1998
- Status
-
Public
- Employees
-
244
- Stock Symbol
-
UNION
- Share Price
-
$0.18
- (As of Monday Closing)
Union Insurance General Information
Description
Union Insurance Co is a UAE-based insurance company. It is engaged in the underwriting of all types of insurance. They provide a comprehensive range of retail and commercial insurance products to clients in the UAE, as well as the Middle East. It operates in two segments, including the General Insurance and Life assurance segment. The general insurance segment includes auto, marine, engineering, corporate travel, employee benefit, healthcare, fire, and general accident insurance. The life segment includes group life, credit life, and individual life. The company generates the majority of its revenue from the General insurance segment. The geographical segments include the United Arab Emirates, GCC Countries, and Others.
Contact Information
Website
www.unioninsurance.aeCorporate Office
- Single Business Tower, Sheikh Zayed Road
- P O Box 119227
- Dubai United Arab Emirates
Corporate Office
- Single Business Tower, Sheikh Zayed Road
- P O Box 119227
- Dubai United Arab Emirates
Union Insurance Stock Performance
As of 13-Jan-2025, Union Insurance’s stock price is $0.18. Its current market cap is $58.5M with 331M shares.
(As of Monday Closing)
| Stock Price | Previous Close | 52 wk Range | Market Cap | Shares | Average Volume | EPS |
|---|---|---|---|---|---|---|
| $0.18 | $0.18 | $0.13 - $0.30 | $58.5M | 331M | 367K | $0.01 |
Union Insurance Financials Summary
As of 30-Sep-2024, Union Insurance has a trailing 12-month revenue of $70.3M.
|
In Thousands, USD |
TTM 30-Sep-2024 | FY 2023 31-Dec-2023 | FY 2022 31-Dec-2022 | FY 2021 31-Dec-2021 |
|---|---|---|---|---|
| EV | 54,339 | 53,349 | 15,385 | 59,649 |
| Revenue | 70,299 | 64,118 | 75,376 | 108,089 |
| EBITDA | 7,275 | 2,116 | 3,806 | 6,556 |
| Net Income | 4,927 | (675) | 682 | 3,598 |
| Total Assets | 431,102 | 410,153 | 409,902 | 414,838 |
| Total Debt | 1,039 | 1,866 |
Union Insurance Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
Union Insurance Comparisons
Industry
Financing
Details
Union Insurance Competitors (9)
One of Union Insurance’s 9 competitors is Sukoon Insurance, a Corporation company based in Dubai, United Arab Emirates.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Sukoon Insurance | Corporation | Dubai, United Arab Emirates | ||||
| Abu Dhabi National Insurance Company | Corporation | Abu Dhabi, United Arab Emirates | ||||
| Cholamandalam MS General Insurance Company | Corporate Backed or Acquired | Chennai, India | ||||
| Liva Insurance | Corporate Backed or Acquired | Wadi Kabir, Oman | ||||
| SALAMA - Islamic Arab Insurance Company | Corporation | Dubai, United Arab Emirates |
Union Insurance Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Union Insurance FAQs
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When was Union Insurance founded?
Union Insurance was founded in 1998.
-
Where is Union Insurance headquartered?
Union Insurance is headquartered in Dubai, United Arab Emirates.
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What is the size of Union Insurance?
Union Insurance has 244 total employees.
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What industry is Union Insurance in?
Union Insurance’s primary industry is Multi-line Insurance.
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Is Union Insurance a private or public company?
Union Insurance is a Public company.
-
What is Union Insurance’s stock symbol?
The ticker symbol for Union Insurance is UNION.
-
What is the current stock price of Union Insurance?
As of 13-Jan-2025 the stock price of Union Insurance is $0.18.
-
What is the current market cap of Union Insurance?
The current market capitalization of Union Insurance is $58.5M.
-
What is Union Insurance’s current revenue?
The trailing twelve month revenue for Union Insurance is $70.3M.
-
Who are Union Insurance’s competitors?
Sukoon Insurance, Abu Dhabi National Insurance Company, Cholamandalam MS General Insurance Company, Liva Insurance, and SALAMA - Islamic Arab Insurance Company are some of the 9 competitors of Union Insurance.
-
What is Union Insurance’s annual earnings per share (EPS)?
Union Insurance’s EPS for 12 months was $0.01.
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