ARMT achieves the highest solvency ratio in Palestine at 329%.

Ramallah – ARMT has announced a record-breaking solvency ratio of 329% by the end of the 2024 fiscal year, making it the highest in Palestine’s insurance sector since the implementation of solvency guidelines by the Palestinian Capital Market Authority.

Chairman of the Board, Mr. Abdul Ghani Al-Attari, stated that this unprecedented achievement “reflects the company's strong financial position and the prudence of its investment and actuarial policies.”

For his part, CEO Dr. Ahmad Musha’sha explained that the 329% ratio is the result of a balanced strategy that included diversifying the insurance portfolio, enhancing risk management efficiency, and improving collection channels.

In its statement, the company reaffirmed its commitment to investing in digital transformation and advancing Takaful insurance services, in addition to adopting governance and sustainability initiatives in line with the Capital Market Authority’s vision of building a robust insurance sector that protects policyholders’ rights and supports the national economy.

The announcement concluded by affirming that this achievement is “not the final destination,” but rather a step toward “strengthening the company’s leadership position and raising the standards of the insurance industry in Palestine.”