Jordan:Insurance market maintains healthy growth in 10M2025

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 Central Bank of Jordan, in its latest Monthly Statistical Bulletin, also showed that paid claims in 10M2025 increased by 4.3% to JOD458m. 

Non-life insurance premiums controlled around 83% of the market operations, largely concentrated in motor and medical insurance businesses. 

Motor insurance business grew by 10.9% to JOD248.6m and controlled 34% of the market premium income in 10M2025, making it the largest line of business. Medical insurance business was the second largest and grew by 13.7% to JOD237m. 

The fire and property insurance branch was the third largest non-life line as its premiums reached JOD66.9m in 10M2025 versus JOD66m in 10M2024, rising by 9%.

Life insurance

Life insurance business raked in JOD127m in 10M2025 compared with JOD116m in the same period of the previous year, an increase of 9.5% and commanding a market share of 17.3%. 

Motor controls 50% of paid claims

Paid claims for the Jordan insurance market totalled JOD458m in 10M2025, up from JOD439m in 10M2024, registering an increase by 4.3%. 

Motor insurance paid claims for the same period reached JOD228m,  up by 7% from JOD213m in 10M2024, accounting for almost half of the market’s total paid claims. Medical insurance paid claims in 10M2025 reached JOD169m, up from JOD163m, commanding around 37% of the market total paid claims. 

Paid claims for the life insurance business accounted for almost 10% of the market’s overall paid claims with JOD45m paid in 10M2025 against JOD41m in the same period of the past year.