United Global Insurance Company Achieves Record Profits in the Third Quarter of 2025 Exceeding $1.5 Million
Local Economy

United Global Insurance Company Achieves Record Profits in the Third Quarter of 2025 Exceeding $1.5 Million

SadaNews - Despite the difficult circumstances facing the Palestinian economy in general and the insurance sector in particular, the United Global Insurance Company has managed to achieve significant growth in profits by 134% compared to the same period in 2024. The results released by Dr. Sameh Al-Attout at the end of the third quarter of 2025 showed profits exceeding $1.5 million compared to profits of only $700,000 for the same period in 2024.

The book value of the share is $1.85 per share based on third quarter data for 2025, while the market price of the share as of the end of November 26, 2025, is only $1.73 per share, which enhances the opportunity for its rise in the upcoming period, especially with significant positive factors, the most important of which is the increase in premiums in the third quarter of 2025 to over $38 million and the continuous increase in investment profits, in addition to trading the share at an attractive price-to-earnings ratio.

The company is distinguished by its diversified insurance portfolio across all types and products of insurance, which greatly reduces insurance risks. Based on all the previous data, the share is trading below its fair value, which is estimated based on financial analysis models between $1.90 and $2.40 per share, which is on average 24% higher than its market value.