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Increase in claims in 2016

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Magazine Issue: 
Loss of rationality [3]
Magazine date: 
Jul 2017

According to figures published by the Jordanian Insurance Federation (JOIF), claims paid by local insurers amounted to 446.9 million JOD (633 million USD) in 2016, up by 20% in comparison with 2015.

Motor insurance alone accounted for 46.4% of this amount, ie 207.3 million JOD (293.6 million USD). Compensation under this class of business increased by 10% in one year.

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Thu, 24/08/2017 - 13:09

Source URL: https://www.atlas-mag.net/en/article/increase-in-claims-in-2016

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[4] http://www.atlas-mag.net/en/category/regions-geographiques/moyen-orient