Jordan – Profits of 22 insurers increase sixfold
Thursday, 11 08 2018, Category: Insurance and Reinsurance, Country: Jordan
The consolidated profits of 22 insurance companies listed in the Amman Stock Exchange increased by 612% at the end of the third quarter of the current year compared to the same period in the previous year according to a study completed by “Sanabel Alkhair For Financial Investments”.
The total profits of 22 insurance companies reached JOD 11 million at the end of the third quarter compared to JOD 1.54 million during the same period last year.
Moreover, the results showed that 17 insurance companies achieved profits of JOD 14.43 million whereas 5 companies had total losses of JOD 3.4 million.
Source: Al Ghad