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.
Gulf Insurance Group-Jordan (GIG Jordan) has reported a notable increase in net profit and insurance revenue in the first three quarters of the year (3Q2025), the company said in a media release.
Gulf Insurance Group - Jordan (GIG Jordan) has a record of underwriting profitability, said AM Best. In 2024, the insurer achieved a combined ratio (net/gross) of 91.9% (2023: 89.9%).
Jordan's insurance market continued to grow in the first half of this year supported by a notable increase in life and health insurance business, according to statistics published by the industry regulator.
Jerusalem Insurance Company (JICO) has announced the completion of its acquisition of 72% of the shares of Arabia Insurance Company - Jordan (Arabia Jordan), after completing all regulatory requirements and obtaining final approvals from the competent regulatory authorities, led by the Central Bank of Jordan, the Securities Commission, and the Companies Control Department.
Data released by the Central Bank of Jordan (CBJ) showed that insurance companies received a total of 3,001 complaints during the first seven months of this year, more than 99% of which (2,974 complaints) were related to motor insurance.
The Jordan Medical Association (JMA) has said that the digital healthcare platform Hakeem has been integrated with the national billing system, so that doctors billing insurers is now automatic once an insurance claim is filed.
The General Arab Insurance Federation (GAIF) has formed a Higher Organising Committee, in preparation for the 35th GAIF General Conference, scheduled in Jordan on 4 October 2026, according to a statement released by the Jordan Insurance Federation (JIF).
The Mediterranean and Gulf Insurance Company - Jordan (Medgulf Jordan) has promoted Mr Mustafa Al-Tal to general manager, effective 30 July.
Jerusalem Insurance Company (Jerusalem Insurance) has announced that it has received approval from the Central Bank of Jordan to acquire additional shares of Arabia Insurance Company - Jordan (AICJ).