2016 results of the Jordanian insurance market

The overall premiums generated in 2016 by the 24 Jordanian insurance companies amounted to 582.9 million JOD (825.6 million USD). This figure is up by 5.8% in comparison with 2015.

The market remained dominated by the non life class of business, which accounts for 87% of the underwritings. With 70.1 million JOD (99.2 million USD), life insurance, although of a small amount, posted a strong growth of 14.6% in one year.

Motor, health and fire continue to be the top three marketed classes of business in Jordan with respectively 39%, 29% and 13% of written premiums.

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