Jordan:Insurance premiums increase by 9.5% in 1H2026

Jordan's insurance sector reported encouraging growth for the first half of the year, supported by notable increases in medical and life insurance businesses.

The market posted gross written premiums of JOD493m ($695m) in the first half of the year, representing a 9.4% increase over the corresponding period of the previous year, according to recent statistics published by the Central Bank of Jordan.

Medical insurance, the largest line of business with a 38% market share, led the sector as premiums reached JOD188m, up from JOD163m in the first half of 2025, registering a 15% increase. Motor insurance, the second largest branch with a market share of around 30%, reached JOD146m in 1H2026, an almost 9% increase over the corresponding half of the preceding year.

Life insurance business reached nearly JOD87m in 1H2026, registering an increase of almost 10% over 1H2025.

Aviation, fire & property, credit & surety, and other general lines saw negative growth in the first half of the year compared with the corresponding six months of the previous year.

Paid claims

The market’s total paid claims increased at a faster pace in the first half of the year as it reached JOD302m against JOD268m in 1H2025, registering an increase of around 13%. Motor insurance paid claims took up the largest bulk of claims, amounting to JOD139m, representing 46% of the market’s total paid claims in the first half of 2026.

Medical insurance paid claims grew by 22% to JOD119m, up from JOD98m in the first half of 2025 – accounting for almost 40% of the market’s total paid claims. Life insurance paid claims remained flat, reaching nearly JOD25m in the first half, accounting for 8% of the market’s total paid claims.