Jordan: Insurance premiums grow by nearly 5% to over $850m in 9M2024

Source: Middle East Insurance Review | Dec 2024

Total insurance premiums in Jordan in the past nine months of this year amounted to JOD603m ($851m), an increase of about 4.9% compared to the corresponding period in 2023, according to the Central Bank of Jordan.

Motor insurance had the largest share (33%) of insurance premiums in the first three quarters of this year, with a value of JOD201m. Medical insurance followed with premiums that reached JOD191m.

The volume of compensation increased by about 6.8% y-o-y in the first nine months of 2024 to JOD393m. M

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