Arabia Insurance Company - Jordan (Arabia Jordan) has announced the appointment of Mr Walid Al-Qattati as Acting General Manager with immediate effect, according to a statement the company lodged with the Amman Stock Exchange.
The Middle East Insurance Company (MEICO) has announced a strategic decision to fully discontinue its motor insurance licence effective 1 January 2026, following an in-depth study by the board of directors and executive management.
Gross written premiums in Jordan's insurance market reached JOD732m ($1bn) in the first 10 months of the year (10M2025) compared to JOD664.5m in the corresponding period of 2024, representing a 10.2% increase.
The 35th conference of the General Arab Insurance Federation (GAIF), to be held in October 2026, will have for its theme, "Back to Principles", said the Jordan Insurance Federation (JIF) in a statement.
The upcoming General Arab Insurance Federation (GAIF) General Conference will be held in Jordan at the Dead Sea, from 4 to 7 October 2026, announced the GAIF secretariat general in a press release.
Gross written premiums in the Jordan insurance market registered a solid double-digit growth rate in the first nine months of the year (9M2025), driven primarily by strong performance in the motor and medical insurance branches, which also accounted for the largest share of paid claims.
Gulf Insurance Group-Jordan (GIG Jordan) has reported a notable increase in net profit and insurance revenue in the first three quarters of the year (3Q2025), the company said in a media release.
Gulf Insurance Group - Jordan (GIG Jordan) has a record of underwriting profitability, said AM Best. In 2024, the insurer achieved a combined ratio (net/gross) of 91.9% (2023: 89.9%).
Jordan's insurance market continued to grow in the first half of this year supported by a notable increase in life and health insurance business, according to statistics published by the industry regulator.
Jerusalem Insurance Company (JICO) has announced the completion of its acquisition of 72% of the shares of Arabia Insurance Company - Jordan (Arabia Jordan), after completing all regulatory requirements and obtaining final approvals from the competent regulatory authorities, led by the Central Bank of Jordan, the Securities Commission, and the Companies Control Department.