Allied Insurance has paid over MVR 13.5 million in claims between 15th October to 19th October 2017.
Claims were paid mostly for hull insurance coverage, health insurance and fire insurance during this period. Allied Insurance did not reveal the identity of the companies that these claims were paid out to no did they comment on which incidents these claims were paid out to.
Allied has been paying out huge numbers as claims on a weekly basis. Since 1985, Allied Insurance has been at the forefront of the Insurance sector and is currently the biggest and the most experienced insurance provider in the Maldives.
Allied Insurance has been working constantly to improve their scope of service as well as their capacity on a regional level. Their market cap currently stands at an impressive 120 million dollars.