Union Insurance Company P.J.S.C. underwrites insurance products in the United Arab Emirates, Gulf Cooperation Council, and internationally. It operates in two segments, General Insurance and Life Assurance. The General Insurance segment offers property, fire, marine, motor, medical, general accident, and miscellaneous risk insurance products. The Life Assurance segment provides short and long term life insurance. In addition, it offers health, travel, home, yacht, property all risks, business interruption, fire and allied perils, hull and cargo liability, hull and machinery, marine cargo, contractors and erection all risks, contractors plant and machinery, electronic equipment, machinery breakdown, and deterioration of stock insurance products. Further, the company provides employers liability, fidelity, medical malpractice, personal accident, professional indemnity, public, money, workmen's compensation, and cyber risks liability insurance products. Additionally, it offers additional insurance services, such as risk assessment and gap analysis of insurance coverage. It serves individuals; small, medium, and large enterprises; and government entities. The company was incorporated in 1998 and is headquartered in Dubai, the United Arab Emirates.
Metrics to compare | UNION | Peers Peers - average of corresponding metrics from companies closely matching UNION: AMAN, FIDELITYUNITED, AFNIC, IH, METHAQ | Sector Sector - Average of metrics from a broad group of related Financial sector companies | Relationship RelationshipUNIONPeersSector |
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P/E Ratio | −65.6x | 5.7x | 8.5x | |
PEG Ratio | 0.72 | 0.08 | 0.03 | |
Price/Book | 0.9x | 1.2x | 1.0x | |
Price / LTM Sales | 0.7x | 0.8x | 2.6x | |
Upside (Analyst Target) | - | 49.8% | 15.1% | |
Fair Value Upside | Unlock | 7.3% | 3.2% | Unlock |