Holy Land Takaful Insurance Company's initial public offering (IPO) has attracted a subscription rate of around 390%.
Holy Land Takaful Insurance has launched an initial public offering (IPO), to expand community participation in the company.
The Palestinian Insurance Federation (PIF) says that it has continued to implement its developmental plans and enhance its role representing Palestinian insurance companies, in a comprehensive review of its work in 2025.
New estimates by the United Nations Development Programme (UNDP) suggest the military escalation in the Middle East may cost economies in the region from 3.7 to 6.0 % of their collective Gross Domestic Product.
The combined net profits of the eight listed insurance companies in Palestine reached $14.5m in 2025 compared with $16.2m in 2024, marking a y-o-y decline of 10.5%, according to preliminary data lodged by the insurers with the Palestine Exchange.
The Palestine Capital Market Authority (PCMA) has issued a resolution, setting out the requirements for the appointment of senior executive management and key employees in insurance companies.
The Palestinian Cabinet has approved a proposal to allow insurers to grant a discount of up to 10% on premiums for mandatory vehicle insurance policies paid via electronic payment methods.
The revised insurance law is expected to come into effect before the end of this year, to replace the existing law, which dates to 2005.
Palestine-based Al Baraka Islamic Insurance Company has signed a cooperation agreement with the Ministry of Agriculture to implement a pilot agricultural insurance project.
The regulatory authorities in Palestine are preparing to launch a revised insurance law which will include new financial and regulatory requirements to encourage mergers among insurers.