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Saba’ Yemen Insurance Co. is an
organization engaged in providing almost all major types of
insurances, it involves both high quality of service and
consultation.
To meet these requirements, the company employs a team of professionals
with expertise in their field, as well as, in the field of advisory
services for various types of risks. This includes appraisal of all
potential hazard analysis, risk evaluation and suggesting loss
control measures.
Saba’ Yemen Insurance Co. is
committed to providing realistic pricing policies ensuring quality
protection for clients. Our aim is to develop further long term
relationship with our clients based on excellent services. We also
intend to work closely with our clients to provide them with
flexibility and innovation products.
Classes of Business:-
The company provides wide range of coverage as follows:-
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Fire & Allied Perils
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Group Life Scheme.
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Motor Comprehensive Insurance.
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Marine Cargo
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Engineering Insurance
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Workmen’s Compensation
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Employer Liability
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Money Insurance (Cash in Transit & Cash in Safe)
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General Third Party Liability
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Fidelity Guarantee
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Personal Accident Benefits
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Plate Glass Insurance
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Householder Comprehensive
Key Financial Figures
(Million Yemeni Rials)
| |
2000 |
2001 |
2002 |
2003 |
2004 |
2005 |
2006 |
| Gross
Premium |
252 |
273 |
305 |
325 |
381 |
422 |
445 |
|
Legal
& Contingency Reserve |
26 |
30 |
44 |
48 |
54 |
60 |
54 |
| Total
Assets |
703 |
702 |
661 |
636 |
695 |
839 |
1005 |
| Investment |
337 |
364 |
380 |
377 |
427 |
478 |
572 |
| Paid up
Capital |
130 |
300 |
300 |
300 |
300 |
300 |
300 |
| No. of
Employees |
42 |
48 |
49 |
52 |
52 |
51 |
55 |
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