Insurance

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Emirates Insurance Company

Emirates Insurance Company was founded in 1982 in Abu Dhabi. It offers insurance and reinsurance products. The company focuses on the biotech and life science...

Emirates Insurance Company logo

Emirates Insurance Company

Emirates Insurance Company was founded in 1982 in Abu Dhabi. It offers insurance and reinsurance products. The company focuses on the biotech and life science sectors.

General information

Firm type

Insurance

Year founded

1982

AUM

Undisclosed

Location

Region

Middle East

Country

United Arab Emirates

City

Abu Dhabi

Corporate office

Abu Dhabi, United Arab Emirates

Additional offices

Al Ain, UAE

Principals

Abdullah Mohamed Al Mazrui

Chairman

Jason Light

Chief Executive Officer

Sector focus

InsuranceReal Estate

Frequently asked questions

Who runs investment decisions at Emirates Insurance Company?

CEO Jason Light leads the executive team from Abu Dhabi, with oversight from Chairman Abdullah Mohamed Al Mazrui. The firm's investment portfolio operates within the insurance balance-sheet framework, deploying premium float across real estate and global securities. Specific CIO or investment committee names are not publicly disclosed.

How is the firm's investment portfolio structured versus its insurance operations?

Emirates Insurance Company runs a traditional insurance balance-sheet model — premiums from property, casualty, marine, engineering, and motor lines generate float that funds a proprietary investment book. This portfolio directly owns UAE commercial real estate including the EIC Building in Abu Dhabi and industrial property in Mussafah, alongside a global securities allocation. The insurance and investment functions operate as an integrated public company rather than separate entities.

What is Mubadala Investment Company's relationship to Emirates Insurance Company?

Mubadala Investment Company was a minority shareholder through its subsidiary Al Mamoura Diversified Global Holding, which held an 11.81% stake. Emirates Insurance Company repurchased this entire share block in 2025, ending Mubadala's direct equity participation. The current major shareholders are Mazrui Holdings LLC at approximately 17.1% and Al Dhabi Investment PJSC at approximately 13.8%.

Does Emirates Insurance Company maintain philanthropic structures?

Yes. The firm operates a Corporate Social Responsibility program as a dedicated philanthropic vehicle, distinct from its insurance and investment operations. Specific grant-making focus areas are not publicly detailed, though the program functions alongside the firm's active membership in the Emirates Insurance Association.

Is Emirates Insurance Company a family office or a public company?

Emirates Insurance Company is a publicly listed insurance carrier trading on the Abu Dhabi Securities Exchange under ticker EIC. It is not a family office. The ownership structure includes significant family-linked shareholders — Mazrui Holdings and Al Dhabi Investment — but the ADX listing imposes public disclosure, governance, and transparency requirements distinct from the closed-door model of a single-family office.

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