Solvency Ratio as of 31/12/2023
Company Name | Ratio | Ranking |
|---|---|---|
Al-Aradi Al-Muqadasa Takaful Insurance Company | 329 | Very Strong | A |
National Insurance Company | 208% | Very Strong | A |
Trust international Insurance Company | 187% | Strong | B |
Tamkeen Palestinian Insurance Company | 181% | Strong | B |
Global united Insurance Company | 170% | Strong | B |
Al-Takaful Palestinian Insurance Company | 162% | Strong | B |
Al-Mashreq Insurance Company | 156% | Adequate | C |
Al-Ahleia Insurance group | 156% | Adequate | C |
Palestine Insurance Company | 136% | Adequate | C |
Albaraka Islamic Insurance Company | 119% | Inadequate\D |
Solvency Ratio | Ranking |
|---|---|
More than 200% | Very Strong | A |
161%-199% | Strong | B |
130%-160% | Adequate | C |
116%-129% | Inadequate | D |
100%-115% | Weak | E |
Less than 100% | Very weak | F |
*The minimum Solvency Ratio required is 130% (Adequate)