Jordan: Insurance market sees double-digit growth in 9M2025
Source: Middle East Insurance Review | Dec 2025
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.
According to data published by the Central Bank of Jordan (CBJ), the total GWP reached JOD664m ($903m) in the first three quarters of 2025 against JOD603m in the corresponding period of the preceding year, representing a growth rate of 10%.
Non-life insurance business dominated the market, accounting for almost 83%, or JOD498m, of total market premiums in 9M2025, while the share of life insurance operations stood at 17%.
Motor insurance business reached JOD221m in 9M2025 in terms of premiums versus JOD200m in the corresponding period of 2024 and accounted for over 33% of the market premium income. The medical insurance business also contributed around 33% market share with its premiums reaching JOD218m compared with JOD191m, an increase of 14%.
The third largest class of business was fire and property insurance business, which accounted for 9% of the overall market, reaching JOD62m in the three quarters of 2025 against JOD61m in the same period of 2024, almost flat with an increase of less than 1%.
Life insurance business reached JOD116m in the first three quarters of 2025 against JOD105m, a y-o-y increase of 10%, and accounting for 17% of the total market premiums. M