Ras Alkhaima National Insurance Co. Corporate Governance Report for the year December 31,2025 | premargin
Ras Alkhaima National Insurance Co. Corporate Governance Report for the year December 31,2025
·ADX·Financial Reports | Corporate Governance Report·March 17, 2026·View on exchange
AI Summary
Ras Al Khaimah National Insurance Co. (RAKNIC) released its 2025 Corporate Governance Report, noting a board composition of seven non-executive members with 29% female representation.
The Board proposed AED 690,000 in total remuneration for the 2025 financial year, up from AED 400,000 in 2024, pending shareholder approval at the 2026 Annual General Meeting.
The company achieved an Emiratisation rate of 27.23% for 2025, successfully meeting all operational and recruitment target points set by the Central Bank of the UAE.
Regulatory disclosures for 2025 included five violation notices: two from the Central Bank of the UAE and three from the Department of Health – Abu Dhabi.