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Ahliea Insurance Group (AIG)

Overview

AIG
Overview
 

The Ahleia Insurance Group was first established in 1994 under the name Gaza Ahleia Insurance Company.Since then AIG has emerged as one of Palestine's leading providers of insurance and risk management. With numerous products and insurance policies to offer, AIG plays an active role in increasing risk awareness that translates into the development of a safer community in Palestine. Through its daughter company, the Ahleia Real Estate and Investment Company (AQARIA), AIG invests in various real estate development projects in Palestine. Currently, AQARIA's main investment is the development of the largest commercial complexes in Palestine, to be constructed in Ramallah and Gaza.

 
Year Total revenues Total expenses Net income (Loss) Dividends Capital Subscribed Capital Market Cap
2007 1,549,907 259,074 2,502,183 16% Cash / 6 % Stock 7,596,913 7,596,913 11,243,431
2008 2,124,054 252,894 1,195,726 12% Cash , 4% Stock 8,052,728 8,052,728 7,327,982
2009 2,508,330 445,124 2,141,797 %16 of Par Value - C 8,374,837 (Par Value 8,374,837 (Par Value 14,404,720
2010 2,421,312 130,612 90,315 - 5,000,000 5,000,000 -
2011 6,529,188 1,492,572 931,279 19.405% Stock 5,000,000 5,000,000 9,379,817
2012 18,683,205 3,072,678 639,340 - 10,000,000 10,000,000 8,000,000
2013 - - 2,041,548 - 10,000,000 10,000,000 6,400,000
2014 - - 2,270,471 - 10,000,000 10,000,000 5,600,000
 
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