Jordan – 2017 insurance profits Drop 99%
Friday, 02 23 2018, Category: Insurance and Reinsurance, Country: Jordan
The combined profits of 22 insurance companies in Jordan have declined by nearly 99 per cent in 2017, from JOD23.047 million in 2016 to JOD262 thousand, according to the sectoral financial data, compiled by financial investments company, ‘Sanabel Al Khair’.
Disclosed financial data indicates that 14 insurance companies have made profit and eight have incurred loss.
There are 24 insurance company operating in Jordan, 23 of them are registered at the Amman Stock Exchange (Bourse).
Source: Al Ghad