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Trust International Insurance Company P.L.C (Palestine)

Main Activities: Direct Life, Health, and Medical Insurance Carriers | Direct Insurance (except Life, Health, and Medical) Carriers
Full name: Trust International Insurance Company P.L.C Profile Updated: June 19, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Trust International Insurance Company (Trust Palestine) is a public joint stock company located in Ramallah and Al-Bireh. It was established in 1994 by a group of Palestinian and Arab businessmen with extensive experience in the insurance industry. Trust Palestine is a member of Trust International Insurance Group for Insurance, one of the largest insurance and reinsurance groups in the Middle East and the world. The company provides insurance services and aims to protect citizens' properties, contribute to the economy, and support the country's development. Trust Palestine has a strong financial position and a team of qualified professionals dedicated to serving their customers.

Headquarters
Al Bira Al Quds Street - Trust Building, P.O Box 1860
Ramallah and Al-Bireh; Gaza;

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Website: http://www.trustpalestine.com

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:
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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14.91%
Subsidiaries
Smart Health Insurance Services Company
100%
Trust Company for Travel and Tourism
100%
Trust Real Estate Company
100%
Company Performance
Financial values in the chart are available after Trust International Insurance Company P.L.C report is purchased.
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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
6.73%
Operating profit (EBIT)
-32.85%
Net Profit (Loss) for the Period
-7.38%
Total assets
9.39%
Investments
109.64%
Receivables
31.25%
Total equity
2.44%
Net Premiums Earned Trend
0.39%
Net Profit Trend
16.88%
Return on Equity (ROE)
-0.37%
Loss Ratio
-2.19%
Underwriting Expenses Ratio
-3.51%

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