Jordanian insurance market in 2022: premiums per class of business
Figures in thousands
Class of business | 2022 turnover (1) | 2021 turnover | 2021-2022 Evolution (2) | 2022 shares | ||
---|---|---|---|---|---|---|
JOD | USD | JOD | USD | |||
Motor | 245 011 | 345 573 | 214 098 | 301 972 | 14.44% | 34.73% |
Health | 204 225 | 288 047 | 193 260 | 272 581 | 5.67% | 28.95% |
Fire | 86 176 | 121 546 | 78 108 | 110 167 | 10.33% | 12.22% |
Marine (3) | 20 769 | 29 294 | 19 344 | 27 283 | 7.37% | 2.94% |
Third party liability | 8 902 | 12 556 | 8 054 | 11 360 | 10.53% | 1.26% |
Credit | 463 | 653 | 243 | 343 | 90.53% | 0.07% |
Other risks | 12 368 | 17 444 | 11 141 | 15 714 | 11.01% | 1.75% |
Total non life | 577 914 | 815 113 | 524 248 | 739 420 | 10.24% | 81.92% |
Total Life | 127 588 | 179 955 | 109 657 | 154 665 | 16.35% | 18.08% |
Grand total | 705 502 | 995 068 | 633 905 | 894 085 | 11.29% | 100% |
(1) Preliminary figures
(2) Growth rate in local currency
(3) Including aviation
Exchange rate as at 12/31/2022: 1 JOD = 1.41044 USD ; 31/12/2021: 1 JOD = 1.41044 USD
Read also | Insurance companies in Jordan
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Thu, 25/05/2023 - 14:47
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