Insurance House opens new branch in Mahwi

24/02/2015 07:18 AST

Insurance House (IH) announced that it has opened a new branch in Mahwi, Abu Dhabi.

This is the fifth branch of Insurance House in the UAE, in addition to its head office and branches in Dubai, Sharjah, Mussafah and Samha, which reflects the management's responsive approach to the increasing demand on its product offerings.

Commenting on this event, Mohammed Othman, CEO of Insurance House said: "The establishment of a new branch in Mahwi complements our network expansion strategy in the UAE and marks another major milestone of which we are all proud. With the support of our management and clients, we look forward to deepening our local presence and playing an even more significant role in the insurance industry."

"The inauguration of the new branch in Mahwi is expected to cater to the high demand on Insurance House's products and services and enable us to expand our local outreach to our customers in such an underserved area," added Othman.

"We believe our move will bring depth to our overall development activities and expand our footprint in line with our growth plans," concluded Othman.


The Gulf Today

News

Insurance House posts Dh10.6m in losses

04/11/2015

Insurance House recorded a net loss of Dh10.59 million for the first nine months of this year, marking an increase from the Dh7.16 million registered in the same period last year.

In a sta

Gulfnews

Insurance House swings to loss on rising medical and motor claims

06/02/2015

Insurance House swung to a loss last year, which the company blamed on a rise in motor and medical claims and intense industry competition.

The Abu Dhabi-based insurer reported a loss of D

The National

Insurance House nets AED 4.21 million in H1 2014

16/07/2014

Insurance House P.S.C (IH) has announced that the Gross Premiums Written (GPW) during the half year ending 30 June 2014 totaled AED 58.09 million, nearly 39.2 per cent higher than the AED 41.74 milli

Press Release

Most Viewed Companies

Ticker Price Volume

Valuation

IH Sector Market
P/E
Price/BookValue

Momentum

Relative Strength
  • 1-Month
  • 3-Month
  • 1-Year
Volume Change
  • 10D Avg Vs 90D Avg
Price Vs…
  • 52-w high
  • 50-day moving avg.
  • 200-Day Moving Avg

Top Related Companies

Ticker Price Change
IHC 377.00 7.00 (1.89%)
FAB 19.52 0.08 (0.41%)
EMIRATESNBD 30.80 -0.10 (-0.33%)
ADCB 15.20 -0.20 (-1.30%)
ADIB 23.04 -0.04 (-0.18%)

Recent News

Sarco unit lands construction contract for school projects in Riyadh

21/08/2026

Saudi Arabian Refineries Company (SARCO) has announced that its key subsidiary Raya Al Tajdeed has secured a SAR100 million ($26.7 million) contract from a multinational education company for the con

Trade Arabia

Saudi Awwal Bank partners with noon to launch a dedicated e-commerce Visa Credit Card

21/08/2026

Saudi Awwal Bank, one of the leading banks in the Kingdom of Saudi Arabia, has partnered with noon, one of the region's leading e-commerce platforms, to launch a first-of-its-kind co-branded Visa cre

Saudi Gazette

United Foods Company reports strong Q2, net profit jumps

21/08/2026

United Foods Company (UFC), a leading UAE-based food manufacturing and distribution company, reported a strong performance for the second quarter of 2026, reflecting continued growth in business acti

Trade Arabia

Saudi Air Connectivity Program, Saudia boost seat capacity to US, China

21/08/2026

Saudi Air Connectivity Program (ACP), in collaboration with Saudia, has announced an increase in seat capacity across several international routes in 2026.

This step reflects ongoing effort

Trade Arabia

Cenomi Centers seals leasing deal with Saudi PIF unit for Madinah Downtown mall

20/08/2026

Arabian Centers Company (Cenomi Centers), a leading Saudi developer of lifestyle destinations, has signed a promise-to-lease agreement with Saudi Downtown Company, a Public Investment Fund (PIF) comp

Trade Arabia

logo

Financial Information Co.

Saudi Arabia

GCC Markets

Mutual Funds

News

Investment Tools

Sector News

Screeners

Indices & Commodities

Downloads

Copyright ©2001 - 2025, Financial Information Co. All Rights Reserved.

Terms of Services | Privacy Policy | Advertise with us | Contact Us | Sitemap