Published on Atlas Magazine (https://www.atlas-mag.net)

Jordanian insurance market in 2022: premiums per class of business

Magazine Issue:

Ping An, symbol of a changing world [3]

Magazine date:

May 2023

Figures in thousands

Class of business	2022 turnover ⁽¹⁾		2021 turnover		2021-2022 Evolution ⁽²⁾	2022 shares
Class of business	JOD	USD	JOD	USD	2021-2022 Evolution ⁽²⁾	2022 shares
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 [4]

Thu, 25/05/2023 - 14:47

Source URL: https://www.atlas-mag.net/en/article/jordanian-insurance-market-distribution-of-premiums-per-class-of-business-2015-2019

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[3] https://www.atlas-mag.net/en/issue/atlas-magazine-n-201-may-2023
[4] https://www.atlas-mag.net/en/article/insurance-companies-in-jordan-2019-s-turnover