Company Al-Takaful Palestinian Insurance Company

Equities

TIC

PS3008112065

Multiline Insurance & Brokers

End-of-day quote Palestine Exchange 07:00:00 2024-03-30 pm EDT 5-day change 1st Jan Change
3.15 USD +5.00% Intraday chart for Al-Takaful Palestinian Insurance Company -.--% +5.35%

Business Summary

Al Takaful Palestinian Insurance PLC is a Palestine-based public shareholding limited company that offers insurance products and services in accordance with the Islamic Shariah. The Company's range of products and services include Motor insurance, Marine insurance ( airfreight and inland transit), Property insurance (Fire, allied perils and all risks), Comprehensive household insurance, Burglary insurance, Engineering Insurances, Money Insurance, Fidelity guarantees insurance, Personal accident Insurance, Plate-glass insurance, Workmen compensation insurance and Liability insurances. Recently, the Company has introduced a new product such as Health Insurance, Travel Insurance and Pilgrimage (Hajj) Takful Insurance. Al-Takaful Palestinian Insurance Co operates through its headquarters in Ramallah, and through its branches in Hebron, Bethlehem, Bedya and Al Khalil.

Number of employees: 213

Sales per Business

USD in Million2022Weight2023Weight Delta
Vehicles
78.2 %
45 84.0 % 48 78.2 % +4.61%
Health
7.0 %
3 5.0 % 4 7.0 % +57.73%
Employees
6.6 %
4 7.3 % 4 6.6 % +0.60%
Fire
2.3 %
1 1.0 % 1 2.3 % +163.13%
Family
1.7 %
0 0.6 % 1 1.7 % +224.59%
Civil Responsibility
1.2 %
0 0.9 % 1 1.2 % +47.21%
Other General Insurance
1.2 %
- - 1 1.2 % -
Engineering
1.1 %
0 0.6 % 1 1.1 % +114.16%
Investment Segment and Other
0.6 %
- - 0 0.6 % -
Marine
0.3 %
0 0.2 % 0 0.3 % +36.86%

Sales per region

USD in Million2022Weight2023Weight Delta
Israel
100.0 %
54 100.0 % 61 100.0 % +12.34%

Managers

Managers TitleAgeSince
Chief Executive Officer 63 15-12-31
Director of Finance/CFO 48 15-12-31
Chief Tech/Sci/R&D Officer - -
Chief Administrative Officer - -
Chief Investment Officer 49 03-12-31
Public Communications Contact - -
Human Resources Officer - -
General Counsel - -
Comptroller/Controller/Auditor - -
Sales & Marketing - -

Members of the board

Members of the board TitleAgeSince
Director/Board Member 76 -
Director/Board Member 73 -
Director of Finance/CFO 48 15-12-31
Shariah Board Member 57 -
Shariah Board Member 59 -
Chief Investment Officer 49 03-12-31
Director/Board Member 50 -
Chairman 67 -
Shariah Board Member 64 -
Director/Board Member 59 -

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 11,000,000 1,065,231 ( 9.684 %) 0 9.684 %

Company contact information

Al-Takaful Palestinian Insurance Co.

Abraj House Ein Munjed

, Ramallah

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http://www.altakaful-ins.ps
address Al-Takaful Palestinian Insurance Company(TIC)
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