Released on: October 15, 2008, 1:15 am

Press Release Author: Colin Saldanha

Industry: Financial

Press Release Summary: Commemorates silver jubilee with elegant gala dinner

Press Release Body: ABU DHABI, UAE-October 15TH, 2008 -Emirates Insurance Co. (PSC),
one of the pioneering Insurance companies in the region, hosted a gala dinner at Le
Royal Meridien Hotel, Abu Dhabi on October 14th 2008. The celebration was held to
commemorate 25 years of accomplishments since the company's inception, including the
distinction of being the first Abu Dhabi company to be assigned a Standard and
Poor's (S&P) interactive rating, and set the stage for future successes. The
invitees at the function included key clients, agents, international re-insurance
companies and brokers.

Speaking on the momentous occasion, Mr. Jason Light, CEO, Emirates Insurance Co.
said, "It is with immense pride that we celebrate 25 years of excellence in
Insurance. As a national organization operating to international standards we have
achieved a great level of success over the past two and a half decades, thanks to
the patronage of our customers, partners and the Government. Over the next few years
we will continue to leverage our extensive experience, intimate knowledge of the
local market and strong relationships to deliver value to our clients, partners and
shareholders".

Founded in 1983, Emirates Insurance Company has a strong focus on corporate
insurance. It has been experiencing a phenomenal growth of 80% in premium income for
the first half of this year as compared to last year - way above industry growth
rates. In July of this year, the international rating agency Standard and Poor's
assigned it's first interactive S&P rating in Abu Dhabi to Emirates Insurance,
giving the company a BBB+ interactive insurer financial strength rating with a
stable outlook. The rating is indicative of the financial strength and professional
management of the company and comes at a perfect time when Emirates Insurance is
celebrating it's 25th anniversary.

With the current expansion of the Dubai branch office, plans to open 2 more offices
in the UAE by the end of this year and a newly appointed senior management team, the
company is well on it's way to becoming one of the leading forces in the UAE
Insurance sector.


About Emirates Insurance Co.
One of the pioneering insurance companies in the region, Emirates Insurance Company
(PSC) was incorporated in 1983. It is listed on the Abu Dhabi Securities market and
is rated among the best insurance companies in the United Arab Emirates.

Emirates Insurance Company has an authorized and issued share capital of AED 120
million, with net assets exceeding AED 1 billion. 12% of the shares in the company
is held by the Government. The company employs 180 staff in 9 offices across the
Emirates. The main offices are in Abu Dhabi, Dubai, Jebel Ali Free Zone and Al Ain
with satellite offices in SILA, Musaffah, Guwaifat and various offices at traffic
departments.

For more information log onto http://www.eminsco.com/



Web Site: http://www.eminsco.com/

Contact Details: Media Contact:
Mr. Colin Saldanha
PR Consultant
OAK Consulting
Email: colin@oakconsulting.biz
Tel: +971506400762