Results of the local insurance market

May 30, 2013

Insurance Commission is expecting a premium increase of 11.1%, that is, a global sum of 186 million JOD (263 million USD) for the ongoing year.
With the sum of 23 million JOD (32 million USD), the life branch reports a 16.8% increase.
Gross premiums had jumped from 104.3 million JOD (147.3 million USD) in 2000 to 167.4 million JOD (236.4 million USD) in 2003, that is, an annual average increase of 20.2%.


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