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Ahlia For Insurance Private Shareholding Company (Iraq)

Main Activities: Insurance Carriers
Full name: Ahlia For Insurance Private Shareholding Company Profile Updated: March 13, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Ahlia For Insurance Private Shareholding Company is an insurance company located in Baghdad, Iraq. It was founded in 2000 and is authorized to practice all types of insurance, including general and life insurance. The company places a strong emphasis on customer satisfaction and building long-term relationships with its customers. It has gained a prestigious position in the Iraqi insurance market by providing quality services to the community. The company started with a capital of 500 million IQD in 2001 and has since increased its capital to 7 billion IQD in 2020. It established its first branch in Basra in 2002, offering various insurance coverages.

Headquarters
Karrada, Street 52, Locality 904, Alley 80, Building /10/1
Baghdad; Baghdād;

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Website: http://www.aic-iraq.com

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
2000
Key Executives
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Chairperson
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Director / Member of the Management Board
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Director / Member of the Management Board
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Director / Member of the Management Board
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Director / Member of the Management Board
Ownership Details
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82%
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0.043%
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0.043%
Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency IQD. Absolute financial data is included in the purchased report.
Net insurance premium revenue
39.83%
Operating profit (EBIT)
53.62%
Net Profit (Loss) for the Period
76.31%
Total assets
4.16%
Total equity
6.16%
Net Premiums Earned Trend
N/A
Net Profit Trend
N/A
Return on Equity (ROE)
2.31%
Loss Ratio
-21.66%
Underwriting Expenses Ratio
-21.31%

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