National Insurance Co Ltd (NIC)

General Information

Company Name National Insurance Co Ltd (NIC)

Company Purpose National Insurance Co Ltd (known as: National Insurance) is a public company, listed on Palestine Exchange since January 1997. National Insurance operates within the Insurance sector focusing on Multi-line Insurance. It has 7 subsidiaries operating across Palestine. National Insurance is based in Al Bireh, Palestine and was established in March 1992.

Company Establish Date 15 March 1992

Financial Year Start First Quarter

Auditor

• HLB Palestine

Ownership

• Fadl Moustafa Hamad (9.99%)
• Nada Tawfiq Hussein (6.737%)
• Bashar Tawfiq Hussein (6.737%)
• Raham Tawfeek Hussein (6.737%)
• Yasin Odeh Saad (3.48%)
• Ardmes Habib Mardrosian (3.35%)
• Aziz Mahmoud Mustafa Abdul Gawad (3.03%)
• Samer Aziz Shehada (2.81%)
• Raja Aziz Shehada (2.24%)
• Ibrahim Ali Al Taweel (2.2083%)

Management

Subsidiaries

• Al Wataniah Towers Co (99.99%)
• Elite Consulting and Medical Services (75.00%)
• Palestinian National for Insurance Management and Health , Medical Expenses (49.00%)
• Al Dar Construction and General Trading (31.00%)
• The Future for Eucational Development (25.00%)
• MADA Insurance Co (25.00%)
• National Household Furniture Industry (1.6265%)
• Investment Bank of Iraq (1.3012%)
• Palestine Investment and Development Co (1.239%)
• Palestine Power Generating Co (0.67%)

Contacts