UNION

Union Insurance Company (UNION) is a Financials company listed on the ADX stock exchange in the United Arab Emirates.

Union Insurance was established in 1998 with a paid-up capital of over AED 330 million. And as part of its ongoing efforts to enhance its financial position, Union Insurance has decided in 2025 to offset the accumulated losses by reducing its capital to AED 230 million. The company provides a wide range of individual and commercial insurance products to clients in the UAE. This includes both standard and customised policies that help individuals, small, medium and large enterprises as well as government entities obtain reliable, cost-effective insurance cover. Additionally, the company offers insurance services such as risk assessment and gap analysis of insurance coverage conducted by professionals with decades of experience. By providing better coverage in areas including, but not limited to, life, health, automotive, property, engineering, liability and marine, Union Insurance helps its clients focus on their core operations, confident that they have adequate insurance cover for various liabilities. Led by some of the most experienced and respected professionals in the industry, the company employs more than 200 people who work in the company’s offices across the UAE including its corporate office in Dubai and branch offices in Abu Dhabi, Dubai, Sharjah and Ajman.

Current stock price: AED 1.20 (+14.29% today). Market capitalization: AED 276. P/E ratio: 1.5.

Financial performance (2026): Revenue AED 300.61, Net Income AED 49.51.

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