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Union Insurance Co (ADX:UNION) Credit Losses Provision


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What is Union Insurance Co Credit Losses Provision?

Credit Losses Provision only applies to banks.


Union Insurance Co (ADX:UNION) Business Description

Traded in Other Exchanges
N/A
Address
Sheikh Zayed Road, P.O Box 119227, Single Business Tower, Dubai, ARE
Union Insurance Co is a UAE-based insurance company. It is engaged in the underwriting of all types of insurance. 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.