Magazine date:
Mar 2018 The insurance industry in Jordan: turnover per company 2015-2016
in thousands| 2016 turnover | 2015 turnover | 2016 shares | 2015-2016 evolution(2) | |||
|---|---|---|---|---|---|---|
| In JOD(1) | In USD | In JOD(1) | In USD | |||
Arab Orient Insurance | 110 205 | 156 091 | 102 671 | 145 295 | 18.9% | 7.34% |
Jordan Insurance | 61 493 | 87 097 | 56 861 | 80 467 | 10.5% | 8.15% |
Middle East Insurance | 40 089 | 56 781 | 37 570 | 53 167 | 6.9% | 6.70% |
Solidarity-First Insurance | 38 006 | 53 831 | 34 727 | 49 144 | 6.6% | 9.44% |
Al-Nisr Al-Arabi Insurance | 30 613 | 43 359 | 29 893 | 42 303 | 5.3% | 2.41% |
Jordan French Insurance | 25 815 | 36 564 | 25 000 | 35 379 | 4.4% | 3.26% |
United Insurance | 23 035 | 32 626 | 22 661 | 32 069 | 4.0% | 1.65% |
Islamic Insurance | 23 003 | 32 581 | 22 902 | 32 410 | 3.9% | 0.44% |
MetLife Alico | 21 287 | 30 150 | 18 856 | 26 684 | 3.7% | 12.89% |
Jordan International Ins. | 20 412 | 28 911 | 12 834 | 18 162 | 3.6% | 59.05% |
Euro Arab Insurance Group | 20 295 | 28 745 | 21 729 | 30 750 | 3.5% | -6.60% |
Arab Life & Accidents Ins. | 19 769 | 28 000 | 17 818 | 25 215 | 3.4% | 10.95% |
Arabia Insurance - Jordan | 19 486 | 27 599 | 17 771 | 25 149 | 3.3% | 9.65% |
National Insurance | 18 822 | 26 659 | 19 555 | 27 673 | 3.2% | -3.75% |
MEDGULF Insurance | 18 801 | 26 629 | 16 938 | 23 970 | 3.2% | 11.00% |
Jerusalem Insurance | 16 784 | 23 772 | 16 093 | 22 774 | 2.9% | 4.29% |
Arab Jordanian Ins. Group | 14 554 | 20 614 | 13 372 | 18 923 | 2.5% | 8.84% |
Delta Insurance | 14 131 | 20 015 | 14 603 | 20 665 | 2.4% | -3.23% |
Arab Assurers | 10 118 | 14 331 | 10 770 | 15 241 | 1.7% | -6.05% |
Al Manara Insurance | 8 291 | 11 743 | 8 339 | 11 801 | 1.4% | -0.58% |
Jordan Emirates Insurance | 7 727 | 10 944 | 9 115 | 12 899 | 1.3% | -15.23% |
Arab Union International | 7 560 | 10 708 | 8 742 | 12 371 | 1.3% | -13.52% |
Holy Land Insurance | 7 224 | 10 232 | 6 366 | 9 009 | 1.2% | 13.48% |
Philadelphia Insurance | 5 417 | 7 672 | 6 514 | 9 218 | 0.9% | -16.84% |
Total | 582 937 | 825 654 | 551 700 | 780 738 | 100% | 5.66% |
(2) Growth rate in local currency
The life and non life insurance industry in Jordan: turnover per class of business 2015-2016
in thousands| 2016 turnover | 2015 turnover | 2015-2016 evolution (2) | 2016 shares | |||
|---|---|---|---|---|---|---|
| In JOD(1) | In USD | In JOD(1) | In USD | |||
Marine and aviation | 22 119 | 31 329 | 24 085 | 34 084 | -8.16% | 3.79% |
Fire and other property damage | 74 745 | 105 867 | 69 511 | 98 368 | 7.53% | 12.82% |
Third party liability | 6 659 | 9 431 | 7 429 | 10 513 | -10.36% | 1.14% |
Motor | 225 180 | 318 938 | 221 882 | 313 996 | 1.49% | 38.63% |
Credit | 1 023 | 1 448 | 980 | 1 387 | 4.39% | 0.18% |
Other risks | 11 132 | 15 767 | 11 046 | 15 632 | 0.78% | 1.91% |
Health | 171 496 | 242 902 | 155 729 | 220 380 | 10.12% | 29.42% |
Total non life | 512 354 | 725 682 | 490 662 | 694 360 | 4.42% | 87.89% |
Total Life | 70 583 | 99 972 | 61 038 | 86 378 | 15.64% | 12.11% |
Grand total | 582 937 | 825 654 | 551 700 | 780 738 | 5.66% | 100% |
(2) Growth rate in local currency
Market shares per class of business in 2016
