Mongol Daatgal JSC
AI-Sourced
MSE: MDICPublic CompanyInsuranceOverview
- Legal Name
- Mongol Daatgal JSC
- Company Type
- Public Company
- Listing
- MSE: MDIC
- Industry
- Insurance
- Founded
- 1934
- Market Cap
- MNT 115B
- Parent Group
- MILLENIUM SECURITIES
- Website
- www.mongoldaatgal.mn
- Coverage
- AI-Sourced
About the Company
Mongol Daatgal JSC is Mongolia's oldest insurer, listed on the Mongolian Stock Exchange under the ticker MDIC. Founded in 1934, it pioneered the country's insurance industry and today operates the widest distribution network in the market, with branches in all 21 aimags and over 600 agents offering property, motor, accident, cargo, livestock, liability, aviation, financial and credit insurance. The company is 99.79% owned by a single shareholder, leaving a free float of roughly 0.2%.
Financial Performance
| Metric | 2023 | 2024 | 2025 |
|---|---|---|---|
| Revenue | 23.9B | 9.58B | 17.8B |
| Gross Profit | 9.41B | 3.7B | 6.18B |
All figures in MNT. K = thousand, M = million, B = billion, T = trillion.Source: MSE
Ownership & Structure
Part of
Shareholders
MILLENIUM SECURITIES (controlling)99.79%