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Sharjah Insurance Co PSC (ADX:SICO) Altman Z-Score


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What is Sharjah Insurance Co PSC Altman Z-Score?

The Altman Z-Score is a model designed to predict the likelihood of a company going bankrupt within the next two years. Created by American finance professor Edward Altman in 1968, the model is specifically designed for publicly traded manufacturing companies with assets greater than $1 million.

Altman Z-Score does not apply to banks and insurance companies.


Sharjah Insurance Co PSC Business Description

Traded in Other Exchanges
N/A
Address
01, 02 Floors, Al Raha Tower, Corniche Al Mamzar, Al Khan, Sharjah, ARE
Sharjah Insurance Co PSC is a national insurance company. Its principal activity of the company is dealing in general insurance, property, non-property insurance, and life insurance. It mainly carries out general insurance business. Its business segments are Underwriting and Investments. Underwriting segment comprises engineering and motor insurance, marine insurance, fire insurance, and other insurances. Investments segment include investments inside and outside U.A.E marketable equity securities, term deposits with banks and investment properties.