Jordan:Middle East Insurance faces pressure from fierce competition

By AIR team | 07 Jan 2021

Jordan Life & Health Property & Casualty Financial Performance

Middle East Insurance Company (MEICO), one of Jordan's biggest insurers, has a track record of operating profitability, supported by positive underwriting results, as evidenced by a five-year (2015-2019) weighted average combined ratio of 95.1%, and modest investment returns, says AM Best in a report last month.

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