Jordan – Should take advantage of insurance merger incentives
Tuesday, 08 30 2016, Category: Insurance and Reinsurance, Country: Jordan
Dr. Jawad Anani Deputy Prime Minister for Economic Affairs and Minister of Industry, Trade and Supply invited insurance companies to take advantage of the incentives endorsed by the council of ministers in order to encourage mergers, which can help strengthen financial solvency and improve provided insurance services.
Moreover, Dr. Anani confirmed the importance of strengthening the performance of the insurance sector by diagnosing its problems and find the right solutions during a meeting with the chairman and members of the board of the Jordan Insurance Federation and the boards of insurers.
Furthermore, he said companies have to develop their business and look after possible mergers in order to overcome the financial problems, which some companies are facing.