Jordan:Mid-sized insurer expected to meet 2025 rule doubling minimum capital to UD$23m

By MEIR team | 28 Oct 2024

Jordan French Insurance Company (JOFICO) is expected to meet higher regulatory requirements that are set to be introduced in 2025, whereby the minimum amount of paid-up capital for composite insurers will rise to JOD16m ($23m) from JOD8m, says Fitch Ratings.

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