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Global United Insurance P.L.C (Palestine)

Main Activities: Direct Life, Health, and Medical Insurance Carriers | Direct Insurance (except Life, Health, and Medical) Carriers
Full name: Global United Insurance P.L.C Profile Updated: March 13, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English Download a sample report

Global United Insurance P.L.C is a Palestinian public shareholding company located in Nablus. It was founded by a group of Palestinian businessmen with extensive experience in the insurance industry and other economic and commercial fields. The company operates throughout the Palestinian homeland, with branches, offices, and agents spanning from north to south. Global United Insurance has developed a clear, long-term strategic plan to advance the Palestinian insurance market and industry. To achieve this, the company has focused on raising its service levels and has entered into agreements with first-class reinsurers with high capacity. Additionally, Global United Insurance has attracted and appointed an experienced team of experts and specialists in the local, Arab, and international insurance industry.

Headquarters
Rawda College Street, Global Building, Next To Al Rawda College, P.O. Box 1001
Nablus; West Bank;

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Website: http://www.gui.ps

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
2010
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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10.3%
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
35.04%
Operating profit (EBIT)
-51.48%
Net Profit (Loss) for the Period
-25.26%
Total assets
-26.59%
Investments
0.93%
Receivables
-96.45%
Total equity
-1.64%
Net Premiums Earned Trend
16.9%
Net Profit Trend
-22.21%
Return on Equity (ROE)
-1.44%
Loss Ratio
-25.18%
Underwriting Expenses Ratio
-22.53%

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