Jordan – Premiums grow by 7% reaching JOD 525 million in 2014
Thursday, 09 17 2015, Category: Insurance and Reinsurance, Country: Jordan
The total figures of the Jordanian insurance market have shown that 25 companies inside Jordan posted a 7.1% growth in written premiums during last year2014.
The total premiums reached JOD 525.7 million compared with JOD 490.9 million during year 2013 whereas the growth rate of year 2013 compared to year 2012 was 6.3%.
The detailed indicators of the performance of insurance companies have shown that non-life insurance premiums have grown to JOD 330.9 million with a 4.7% growth compared to year 2013. Premiums written in life and medical reached JOD 194.8 million with an 11.4% increase. Life premiums reached JOD 53.1 million with an 11.9% increase and medical premiums reached JOD 141.7 million with an 11.2% growth.