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

Jordanian insurance market: distribution of premiums per class of business (2015-2019)

Magazine Issue:

The teachings of Covid-19 [3]

Magazine date:

Dec 2020

Figures in thousands JOD

Class of business	Turnover					2018-2019 evolution*	2019 shares
Class of business	2015	2016	2017	2018	2019	2018-2019 evolution*	2019 shares
Motor	221 882	225 180	232 969	228 178	235 009	2.99%	38.24%
Health	155 729	171 496	168 893	182 155	187 567	2.97%	30.52%
Fire	69 511	74 745	73 197	71 069	69 163	-2.68%	11.26%
Marine ⁽¹⁾	24 085	22 119	19 140	19 724	17 797	-9.77%	2.90%
Third party liability	7 429	6 659	7 215	6 696	6 625	-1.06%	1.08%
Credit	980	1 023	1 132	892	892	0.06%	0.15%
Other risks	11 046	11 132	11 731	11 767	11 688	-0.67%	1.90%
Total non life	490 662	512 354	514 276	520 482	528 742	1.59%	86.05%
Life	61 038	70 583	79 837	86 156	85 751	-0.47%	13.95%
Grand total	551 700	582 937	594 113	606 638	614 492	1.29%	100%

Figures in thousands USD

Class of business	Turnover					2018-2019 evolution*	2019 shares
Class of business	2015	2016	2017	2018	2019	2018-2019 evolution*	2019 shares
Motor	311 789	316 696	327 678	321 832	331 466	2.99%	38.24%
Health	218 830	241 193	237 552	256 919	264 552	2.97%	30.52%
Fire	97 677	105 122	102 954	100 239	97 551	-2.68%	11.26%
Marine ⁽¹⁾	33 845	31 109	26 921	27 820	25 101	-9.77%	2.90%
Third party liability	10 439	9 365	10 148	9 444	9 344	-1.06%	1.08%
Credit	1 377	1 439	1 592	1 258	1 258	0.06%	0.15%
Other risks	15 521	15 656	16 501	16 597	16 486	-0.67%	1.90%
Total non life	689 478	720 580	723 346	734 109	745 758	1.59%	86.05%
Life	85 771	99 269	112 291	121 517	120 946	-0.47%	13.95%
Grand total	775 249	819 849	835 637	855 626	866 704	1.29%	100%

⁽¹⁾ Includes aviation and marine and land transportation
* Evolution in local currency

Read also | Insurance companies in Jordan [4]

Mon, 14/12/2020 - 16:47

Source URL: https://www.atlas-mag.net/en/article/jordanian-insurance-market-distribution-of-premiums-per-class-of-business-2015-2019-0

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[3] https://www.atlas-mag.net/en/issue/lessons-from-covid-19
[4] https://www.atlas-mag.net/en/article/insurance-companies-in-jordan-2019-s-turnover