NOTES TO FINANCIAL STATEMENT
Legal status and activities
Insurance House P.S.C is a Public Joint – Stock company registered and incorporated in the Emirate of Abu Dhabi, United Arab Emirates and is engaged in providing all classes of non-life insurance solutions in accordance with UAE Federal Law No 6 of 2007. The Company was established on 8 December 2010 and commenced its operations on 10 April 2011. The Company performs its activities through its head office in Abu Dhabi and branches located in Al Samha, Sheikh Zayed Road, Deira, Sharjah, Al Mussafah, Mahawi, Moroor and Motor World.
The Company’s ordinary shares are listed on the Abu Dhabi Securities Exchange.
The registered office of the Company is P.O. Box 129921, Abu Dhabi, United Arab Emirates.
Activities: The range of products and services offered by the Company include but are not limited to accidents and civil responsibility insurance, land, marine and air transportation, dangers insurance, health insurance, onshore and offshore oil and gas fields and facilities services.
In response to the Circular from the Securities and Commodities Authority regarding the extent of exposure to Abraaj Group, the Company reported to the Securities and Commodities Authority on 21 June 2018 that it has nil exposure to Abraaj Group.