Jordan – Motor insurance claims up by 10%
Wednesday, 08 02 2017, Category: Insurance and Reinsurance, Country: Jordan
The value of motor claims paid by the insurance sector last year increased by 10% reaching JOD 207.3 million compared to the previous year according to the results of the latest study issued by the Jordan Insurance Federation.
According to the study, which covered (24) insurance companies (Inside Jordan), the motor insurance line maintained its first position in term of total paid claims i.e. 46.4% of total claims.
Total claims paid by the insurance market last year increased by 20.2% compared to the previous year and reached JOD 446.9 million due to an increase in the claim amount in all insurance lines with the exception of marine insurance.
Source: Al Ghad