Hayah Insurance Co PJSC (HAYAH) News - Mubasher Info
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18 July 01:36 PM

Hayah Insurance Co PJSC (HAYAH)

Last update: 17 July 02:57 PM market time.
1.83
-0.04
-2.09%
Open 1.80
Previous Close 1.91
High 1.87
Low 1.80
Stock Statistics
Volume 990
Turnover 1,816.30
All data are 15 minutes late during market session

News

Photo Archive
22 September 2022 02:49 PM Apex Investment, Hayah Insurance see over AED 5.7bn block trading deals
Abu Dhabi – Mubasher: The Abu Dhabi Securities Exchange (ADX) announced a block trading deal of AED 5.74 billion on Apex Investment Company, formerly known as Ras Al Khaimah Cement (RAK Cement). The deal was executed on 1.22 billion of Apex’s …
Trading Activities
14 September 2021 10:03 AM AXA Med completes sale of stake in AXA GCIC to Gulf Insurance
Mubasher: AXA Mediterranean Holding (AXA Med) has completed the sale of its 28.05% stake in AXA Green Crescent Insurance Company (AXA GCIC) to Gulf Insurance Group (GIG). In early September, GIG has completed the acquisition of AXA’s operations in …
Mergers and Acquisitions
The transaction included AXA Gulf and AXA Cooperative Insurance
7 September 2021 11:52 AM Gulf Insurance completes acquisition of AXA in Gulf
Mubasher: Gulf Insurance Group (GIG) has completed the acquisition of AXA’s operations in the Gulf region in exchange for $474.75 million after obtaining the necessary regulatory approvals. The transaction included AXA Gulf and AXA Cooperative …
Mergers and Acquisitions
The company has appointed a new CEO during the first six months of 2018
9 March 2021 09:51 AM AXA Green Crescent logs AED 79m accumulated losses
Abu Dhabi – Mubasher: AXA Green Crescent Insurance Company has incurred accumulated losses of AED 78.797 million as of 2020, representing 39.4% of the capital. The accumulated losses are driven by several factors, including AED 28.438 …
Financial Results
The transaction is expected to close in the third quarter of 2021.
2 December 2020 03:42 PM Legal Advisors, Baker McKenzie advise on gig’s acquisition of AXA's Mideast business for $474.8m
Riyadh – Mubasher: Legal Advisors, Abdulaziz Alajlan & Partners alongside Baker McKenzie have advised Gulf Insurance Group (gig) on the acquisition of AXA’s insurance operations in the Gulf region for a value of $474.75 million. Under the terms of …
Companies Investments
Kuwait's Gulf Insurance will acquire 100% of AXA Gulf
30 November 2020 01:45 PM Kuwait's Gulf Insurance to acquire AXA's operations in Gulf for $475m
Mubasher: Gulf Insurance Group (GIG) will acquire French insurer AXA Group's operations in the Gulf region and the share of Yusuf Bin Ahmed Kanoo (YBA Kanoo) in AXA Gulf for $474.75 million. Under the agreement, Kuwait's Gulf Insurance will …
Companies Investments
The transaction expected to close in Q3-21
30 November 2020 10:35 AM AXA signs agreement to sell insurance businesses in Gulf region
Mubasher: AXA, one of the largest global insurers, has inked an agreement with Gulf Insurance Group (gig) to sell its insurance businesses in the Gulf region, including AXA Gulf, AXA Cooperative Insurance Company, and AXA Green Crescent Insurance …
Companies Investments
More ADX-listed firms confirm no Abraaj ties
9 July 2018 05:45 PM More ADX-listed firms confirm no Abraaj ties
Abu Dhabi – Mubasher: Abu Dhabi Islamic Bank (ADIB) and Waha Capital were among a host of companies that disclosed no ties to The Abraaj Group, its funds or its subsidiaries, on Monday. Other companies listed on the Abu Dhabi Securities Exchange …
Law
Trader at Abu Dhabi's bourse (Photo Credit: Arabianeye-Reuters)
14 May 2017 09:10 AM AXA Green Crescent losses widen in Q1
Abu Dhabi – Mubasher: AXA Green Crescent Insurance Company posted a 38% rise in losses year-on-year in the first quarter of 2017, according to a bourse filing. Losses reached AED 1.67 million ($454,000) in Q1-17, compared to AED 1.21 million …
Financial Results
Green Crescent's losses reached AED 1.71 million ($465,000) in Q4-16 (Photo Credit: Arabianeye-Reuters)
19 February 2017 11:30 AM Green Crescent losses decline in Q4
Abu Dhabi – Mubasher: AXA Green Crescent Insurance (GCIC) trimmed its losses by 72.4% year-on-year in the fourth quarter of 2016, according to a bourse statement. Losses reached AED 1.71 million ($465,000) in Q4-16, compared to AED 6.2 million …
Financial Results
GCIC losses rose 39.6% to AED 13.09 million in the first nine months (Photo Credit: Arabianeye-Reuters)
13 November 2016 10:18 AM Green Crescent losses up in Q3
Abu Dhabi – Mubasher: AXA Green Crescent Insurance (GCIC) posted a 50.3% year-on-year increase in its losses, according to a bourse statement. Losses stood at AED 6.45 million ($1.76 million) in Q3-16, compared to AED 4.29 million ($1.17 million) …
Financial Results
The board postponed the de-registration of the Dubai Healthcare City branch (Photo Credit: Mubasher)
18 October 2016 08:40 AM Green Crescent postpones submitting biding offer for SCB
Abu Dhabi –Mubasher: AXA Green Crescent Insurance (GCIC) postponed authorising the CEO to conduct negotiations and submit biding offer to Standard Chartered Bank (SCB), according to a bourse statement. The board postponed the de-registration of …
Companies Investments
AXA Green insurance board to tackle deregistration of Dubai Healthcare city branch
12 October 2016 00:49 PM AXA Green insurance board to tackle deregistration of Dubai Healthcare city branch
Abu Dhabi-Mubasher: AXA Green Crescent Insurance Company said its board of directors will hold a meeting on 17 October 2016. The meeting will discuss the de-registration of Dubai Healthcare City branch, in addition to opening a branch at Abu Dhabi …
Companies Investments
The company also incurred losses of AED 6.64 million in H1-16 (Photo Credit: Arabianeye-Reuters)
10 August 2016 09:43 AM AXA Green Crescent losses widen in Q2
Abu Dhabi-Mubasher: AXA Green Crescent Insurance Company posted an 85.3% increase year-on-year in its losses during the second quarter of 2016, according to a bourse statement. Losses stood at AED 5.43 million ($1.48 million) in Q2-16, compared to …
Financial Results
AXA Green Crescent Insurance Company's press conference (Photo credit: Mubasher)
15 March 2016 03:59 PM AXA Green Crescent eyes 10% of UAE life insurance market
By: Amr Adel Dubai – Mubasher: AXA Green Crescent Insurance Company is targeting the acquisition of 7% or 10% of the life insurance market in the United Arab Emirates within the next 10 years, The company’s CEO, Hassan Bennour, said on Tuesday …
Companies Investments
Photo Credit: Arabianeye-Reuters
18 November 2015 11:08 AM SCA approves to change Green Crescent name
Abu Dhabi-Mubasher: Green Crescent Insurance Company (GCIC) said that its name has been changed to AXA Green Crescent Insurance Company, according to a bourse filing on Wednesday. The company got the Securities and Commodities Authority’s (SCA) …
Management Decisions
Photo Credit: Arabianeye-Reuters
18 November 2015 09:35 AM Green Crescent raises capital to AED 200m
Abu Dhabi-Mubasher: Green Crescent Insurance Company said that the Securities and Commodities Authority (SCA) approved on 12 November to increase the company’s capital through converting bonds into newly issued shares. After SCA’s approval of  the …
Corporate Actions
Photo credit: Arabianeye - Reuters
12 November 2015 09:27 AM Green Crescent turns to 9M loss on weak investment income
Abu Dhabi - Mubasher: Green Crescent Insurance said Thursday it turned to loss in the January-September period this year, reaching AED 9.4 million against AED 1.78 million in the same period last year. The loss was caused by a fall in the …
Financial Results
Photo Credit: Arabianeye-Reuters
10 August 2015 08:45 AM Green Crescent Insurance losses widen in H1, down in Q2
  Abu Dhabi – Mubasher: Green Crescent Insurance Company (GCIC) posted a sharp rise in its losses for the first half of 2015 to AED 5.09 million ($1.4 million) compared to AED 184,000 ($50,000) in the H1-14, according to a filing to the Abu Dhabi …
Company News
Photo Credit: Arabianeye-Reuters
11 May 2015 08:36 AM Green Crescent Insurance turns to loss in Q1
Abu Dhabi – Mubasher: Green Crescent Insurance Company (GCIC) posted net losses of AED 2.16 million ($588,000) in the first quarter of the year, against net profits of AED 6.3 million ($1.7 million) during the same period in 2014, according to its …
Financial Results
Photo Credit: Arabianeye-Reuters
10 May 2015 08:20 AM UAE markets await Q1 financials from 5 firms
United Arab Emirates – Mubasher: Several important UAE-listed companies are set to disclose their financials for the first quarter of 2015 on Sunday.The board of Air Arabia, listed on the Dubai Financial Market (DFM), is set to meet today. The …
Company News
Mishal Kanoo, board member at Green Crescent Insurance Co.
20 April 2015 09:21 AM Green Crescent to convert AXA-Kanoo bonds by Sept
By: Ramy SameehAbu Dhabi – Mubasher:  Convertible bonds in the AXA-Kanoo alliance are expected to be converted by mid-September at the latest, said Mishal Hamed Kanoo, board member at Abu Dhabi-listed Green Crescent Insurance Company …
Company News
Archived photo of The Kanoo Group
20 April 2015 09:11 AM Kanoo not planning UAE IPO at present – Vice chair
By: Ramy SameehAbu Dhabi – Mubasher: Kanoo Group is not planning an initial public offering (IPO) on UAE markets at the present time, vice chairman Mishal Hamed Kanoo said Monday.The idea is not entirely excluded, but Kanoo Group is not …
Company News
Photo Credit: Arabianeye-Reuters
2 March 2015 09:06 AM UAE’s Green Crescent turns profitable in 2014
 Abu Dhabi – Mubasher: Green Crescent Insurance Company (GCIC), listed on the Abu Dhabi Securities Exchange (ADX), announced turning to profit for the year ended 2014 compared to losses incurred in 2013.GCIC reported a net profit of AED …
Financial Results
28 October 2014 04:53 PM ADX up again supported by positive financials
The Abu Dhabi Securities Exchange (ADX) closed on Tuesday at a slight increase of 0.09% or 4.41 pts to 4898.34 pts.Turnover was seen at AED 201.45 million as around 90 million shares were traded through 1717 transactions. A total of …
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