AM Best affirms GIG Jordan’s ratings

AM Best has affirmed GIG Jordan’s “A-” (Excellent) Financial Strength rating and “a-” (Excellent) Long-Term Credit rating with a stable outlook.

The ratings reflect the insurer’s strong balance sheet, solid operating performance, neutral business profile, appropriate enterprise risk management, and strategic importance to its parent company, Gulf Insurance Group (GIG).

In 2025, GIG Jordan reported a net combined ratio of 91.4% and a return on equity (ROE) of 10.4%.