SUKOON: Sukoon Insurance PJSC - Summary | Jitta

Sukoon Insurance PJSC

ARE:SUKOON

Price
AED5.42
Loss Chance
41.8%
6.43JITTA SCORE
55.39%Under Jitta Line
Jitta Ranking
1 / 20
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HISTORICAL JITTA SCORE
Jitta Factors
Growth Opportunity (56)
Recent Business Performance (64)
Financial Strength (93)
Return to Shareholders (25)
Competitive Advantage (64)
Jitta Signs
Revenue and EarningConsistent Growth in the past 3 years
Recent Business PerformanceEarning Growth Last Year
Dividend PayoutEvery year
CapExVery Low
SG&A to SalesDecreasing Every Year
Key Stats
Jitta Score
Jitta Line
6.43
55.39%
4.61
214.77%
5.00
112.96%
Multi-line Insurance
4.29
100.00%
5.94
20.82%
5.45
29.43%
COMPANY DESCRIPTION
Sukoon Insurance PJSC engages in the insurance business in the United Arab Emirates, Sultanate of Oman, State of Qatar, England, Wales, the United Kingdom, GCC countries, and internationally. It operates through three segments: General Insurance, Life Insurance, and Investment. The company offers car, travel, home, purple, life, personal accident, lifestyle protect, jetski, yacht, and medical malpractice cover insurance products for individuals; and motor fleet, group life, group health, commercial, and trade credit insurance products for businesses, as well as property, engineering, energy, medical, motor, general accident, aviation, and marine risks insurance products. It is also involved in securities trading; financial and non-financial investments; deposits with banks; cash management; and provision of digital services. The company was formerly known as Oman Insurance Company P.S.C. and changed its name to Sukoon Insurance PJSC in January 2024. Sukoon Insurance PJSC was founded in 1975 and is headquartered in Dubai, the United Arab Emirates. Sukoon Insurance PJSC is a subsidiary of Mashreqbank PSC.