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العربية
About tha company
• Libya
insurance company was established on May 30, 1964 and commenced operations on
January 1, 1965 with a capital of (100,000) one hundred thousand Libyan dinars.
• In 1971, its
full ownership devolved to the society, and its capital was raised to
(1,000,000) million Libyan dinars, then in 1981 it was raised to (2,000,000)
million Libyan dinars.
• In 1989, the
company's capital was raised to (30,000,000) thirty million Libyan dinars for
the purpose of increasing its underwriting capacity.
• In 2000, the
medical insurance authority was joined to libya insurance company, and the
company's capital was raised to (50,000,000) fifty million libyan dinars.
• The company
was privatized in 2007 and its capital was raised to (70,000,000)seventy
million libyan dinars. Fully paid. Its shares were offered in the libyan
capital market for participation from the public and private sectors.
• In 2009, the takaful branch was opened in
accordance with Islamic sharia
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• Libya
insurance company was established on May 30, 1964 and commenced operations on
January 1, 1965 with a capital of (100,000) one hundred thousand Libyan dinars.
• In 1971, its
full ownership devolved to the society, and its capital was raised to
(1,000,000) million Libyan dinars, then in 1981 it was raised to (2,000,000)
million Libyan dinars.
• In 1989, the
company's capital was raised to (30,000,000) thirty million Libyan dinars for
the purpose of increasing its underwriting capacity.
• In 2000, the
medical insurance authority was joined to libya insurance company, and the
company's capital was raised to (50,000,000) fifty million libyan dinars.
• The company
was privatized in 2007 and its capital was raised to (70,000,000)seventy
million libyan dinars. Fully paid. Its shares were offered in the libyan
capital market for participation from the public and private sectors.