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National Insurance Company Group Ltd (Palestine)

Main Activities: Other Direct Insurance (except Life, Health, and Medical) Carriers
Secondary Activities: Direct Life Insurance Carriers
Full name: National Insurance Company Group Ltd Profile Updated: July 08, 2025
Buy our report for this company USD 29.95 Most recent financial data: 2024 Available in: English Download a sample report

National Insurance Company Group Ltd is a company in Palestine, with a head office in Ramallah and Al-Bireh. It operates in the Other Direct Insurance (except Life, Health, and Medical) Carriers industry. National Insurance Company Group Ltd was incorporated on May 08, 1992. There are currently 225 (2024) people employed by National Insurance Company Group Ltd. In Q3C2025, the company reported a net sales revenue drop of 16.94%. Its total assets grew by 0.15% over the same period.

Headquarters
Alwataneyyeh Tour Building, 34 Al-Bireh Municipality St. Al Bireh, P.O. Box 1819
Ramallah and Al-Bireh; Gaza;

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Website: http://www.nic-pal.com

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
May 08, 1992
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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9.99%
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6.74%
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6.74%
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6.74%
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3.48%
Subsidiaries
Al-Wataniah Towers Co. Plc
93%
Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency JOD. Absolute financial data is included in the purchased report.
Net Insurance Premium Revenue
-16.94%
Operating Profit
N/A
Net Profit/Loss for the Period
453.4%
Total Assets
0.15%
Investments
6.92%
Total Equity
10.83%
Net Premiums Earned Trend
-12.46%
Net Profit Trend
N/A
Return on Equity (ROE)
4.94%
Loss Ratio
-10.11%
Underwriting Expenses Ratio
0.35%

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