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Ahliea Insurance Group Company Ltd (Palestine)

Main Activities: Direct Life, Health, and Medical Insurance Carriers | Direct Insurance (except Life, Health, and Medical) Carriers
Full name: Ahliea Insurance Group Company Ltd Profile Updated: March 12, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English Download a sample report

The Ahleia Insurance Group was first established in 1994 under the name of Gaza Ahleia Insurance Company and in year 2004 its name had been changed to Al Ahleia Insurance Group.
Ahliea Insurance Group (AIG) is engaged in the provision of all classes insurance and reinsurance products and risk management. The Company provides motor insurance, property insurance and business interruption, engineering insurance, liability insurance, personal accidents, fidelity insurance, money insurance, medical insurance, marine cargo insurance, credit and mortgage insurance, life insurance, workmen's compensation insurance, household comprehensive, Bankers Blanket Bond Insurance, Fidelity Guarantee, and Money Insurance. "
AIG also invests in various real estate development projects in Palestine through its subsidiary Ahleia Real Estate and Investment Company (AQARIA)."
AIG plays a role in increasing risk awareness that translates into the development of a safer community in Palestine.

Headquarters
17 Nizar Qabbani Street, Masyoun Heights, P.O Box 1933
Ramallah and Al-Bireh; Gaza;

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Website: http://www.ahlia.ps

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
1994
Key Executives
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Chairperson
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Vice 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
Ownership Details
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9.647%
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6.481%
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3.538%
Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency USD. Absolute financial data is included in the purchased report.
Net insurance premium revenue
47.65%
Operating profit (EBIT)
N/A
Net Profit (Loss) for the Period
N/A
Total assets
45.38%
Investments
71.8%
Receivables
-31.58%
Total equity
189.51%
Net Premiums Earned Trend
N/A
Net Profit Trend
-68.49%
Return on Equity (ROE)
N/A
Loss Ratio
-32.22%
Underwriting Expenses Ratio
-44.11%

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