Al Wathba National Insurance Company PJSC, together with its subsidiaries, engages in general insurance and reinsurance business in the United Arab Emirates and internationally. The company operates through Marine; Fire and General Accident; Motor; and Investments segments. It offers fire and general accident insurance that covers fire and allied perils, property risks, business interruption, hotel comprehensive, money, fidelity guarantee, bankers blanket, jewelers block, shop keepers, home comprehensive, workmen’s compensation, employer’s liability, third party and public liability, and medical malpractices, as well as individual and group personal accident insurance. The company also provides engineering insurance products, including contractors and erection risks, contractor’s plant, machinery breakdown, machinery loss of profits, electronic equipment, deterioration of stock, and boiler insurance. In addition, it offers marine insurance products, such as marine liabilities, hull and machinery, and aviation insurance; oil and energy insurance products comprising offshore and onshore construction risks, as well as operational risks; comprehensive, fire and theft, and third-party liability motor vehicle insurance; and home, travel, pet, visa, motor, yacht, and jet ski insurance products for individuals. The company was founded in 1996 and is headquartered in Abu Dhabi, the United Arab Emirates.
Metrics to compare | AWNIC | Sector Sector - Average of metrics from a broad group of related Financial sector companies | Relationship RelationshipAWNICPeersSector | |
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P/E Ratio | 23.1x | 11.6x | 9.0x | |
PEG Ratio | −0.29 | 0.29 | 0.03 | |
Price/Book | 0.7x | 1.4x | 1.0x | |
Price / LTM Sales | 2.2x | 1.0x | 2.7x | |
Upside (Analyst Target) | - | 26.5% | 16.5% | |
Fair Value Upside | Unlock | 5.4% | 3.5% | Unlock |