Alliance Insurance PSC (DFM:ALLIANCE) Altman Z-Score


What is Alliance Insurance PSC Altman Z-Score?

The Altman Z-Score is a model designed to predict the likelihood of a company going bankrupt within the next two years. Created by American finance professor Edward Altman in 1968, the model is specifically designed for publicly traded manufacturing companies with assets greater than $1 million.

Altman Z-Score does not apply to banks and insurance companies.

Alliance Insurance PSC Business Description

Address Abu Baker Siddique Road, P.O. Box: 5501, 2nd Floor, Warba Centre, Deira, Dubai, ARE
Alliance Insurance PSC is a provider of short term and long term insurance services to individuals, corporations and government bodies. The company is organized into two business segments: Property and liability insurance (general insurance) segment that comprises of property, motor, aviation, marine, fire, engineering, medical, and general accidents; and Insurance of persons and fund accumulation operations (life assurance) segment. Majority of the revenue for the company is generated from its General insurance segment.