annual report insurance business report … · growth in insurance business 2008- 2017 * million...

2017

Issued by Jordan Insurance Federation

Septemper/ 2018

Annual ReportInsurance Business

in Jordan

Growth in Insurance Business 2008- 2017 *

Millio

n (

JD

)M

illio

n (

JD

)

Total Assets 2008-2017

Paid Up Capital 2008-2017

304

287

296 295

280 281

268 269 267 265

240

250

260

270

280

290

300

310

08 09 10 11 12 13 14 15 16 17

666 695 719 724 739798 843 870 916

953

0

200

400

600

800

1000

1200

08 09 10 11 12 13 14 15 16 17

16

32

23

20

30

40

*

Total Retained Earnings (Accumulated Losses) 2008-2017

The number of Insurance Companies for the years (2013 and 2014) was 25 Companies (Gerasa, Al Baraka Takaful and Arab German Insurance Companies were liquidated and withdrew from

the market)

The number of Insurance Companies from (2009 - 2012) was 28 Companies (Darkom Insurance Company withdrew from the market)

The number of insurance companies for the years 2015-2018 was 24 companies( Al yarmouk insurance company was merged with Solidarity- First insurance company).

The number of Insurance Companies for the year (2008) was 29 Companies (First Insurance Company was established)

1

The number of Insurance Companies from (2005 - 2006) was 26 Companies.

The number of Insurance Companies for the year (2007) was 28 Companies (MEDGULF and Darkom Insurance Companies were established)

Investments 2008-2017

Millio

n (

JD

)

Million (JD)

7

-1

-11-13

-18

-12

1416

-30

-20

-10

0

10

20

08 09 10 11 12 13 14 15 16 17

08 09 10 11 12 13 14 15 16 17

471485

474455

471 500525 536

543566

Million (JD)

Total Underwritten Premiums 2008-2017

Millio

n (

JD

)

Net Profit (Loss) before Tax 2008-201714

2

11

-0.2

9

18

33

22

27

3

-5

0

5

10

15

20

25

30

35

40

08 09 10 11 12 13 14 15 16 17

08 09 10 11 12 13 14 15 16 17

333

365408

437462 491

526552

583 594

*

2

Total Paid Claims 2008-2017

Total Shareholders Equity 2008-2017

The number of insurance companies for the years 2015-2018 was 24 companies( Al yarmouk insurance company was merged with Solidarity- First insurance company).

The number of Insurance Companies from (2005 - 2006) was 26 Companies.

The number of Insurance Companies for the year (2008) was 29 Companies (First Insurance Company was established)

The number of Insurance Companies for the years (2013 and 2014) was 25 Companies (Gerasa, Al Baraka Takaful and Arab German Insurance Companies were liquidated and withdrew from

the market)

The number of Insurance Companies for the year (2007) was 28 Companies (MEDGULF and Darkom Insurance Companies were established)

The number of Insurance Companies from (2009 - 2012) was 28 Companies (Darkom Insurance Company withdrew from the market)

Millio

n (

JD

)M

illio

n (

JD

)

0

50

100

150

200

250

300

350

400

450

500

08 09 10 11 12 13 14 15 16 17

222

263282

345323 317

373372

447 459

357

364

352

315311

316

330327

342

333

280

290

300

310

320

330

340

350

360

370

08 09 10 11 12 13 14 15 16 17

%Change20162017

1,9%582,937,127594,112,517Total Underwritten Premiums

0.40%512,353,786514,275,916Non-Life Premiums (General Insurances)

13,1%70,583,34179,836,601Life Premiums

2,6%446,964,295458,683,542Total Paid Claims

1,2%410,241,246415,315,726Non-Life Paid Claims (General Insurances)

18,1%36,723,04943,367,816Life Paid Claims

-88,6%28,165,9703,198,329Net Technical Profit (Loss) (Inside & Outside Jordan)

-88,6%30,579,4693,471,377Net Technical Profit (Loss) Inside Jordan

-88,7%-2,413,499-273,048Net Technical Profit (Loss) of Branches Outside Jordan

-0,7%267,4265,4Paid Up Capital

4,2%543,1565,7Investments

4,1%915,8953Total Assets

-29,8%32,122,5Retained Earnings

-2,5%341,6333Shareholders' Equity

-91,7%35,22,9Net Profit (Loss) Before Tax

-87,5%27,23,4Net Profit (Loss) (After Tax and Fees)

6,7%406,7433,8Total Technical Provisions

3

* Source: Financial Annual Reports for (24) Insurance Companies.

Insurance Business for the Year 2017

(JD)

Table (1)

Million JD

Branch

Share of

Branch

Share of

Premiums Paid Claims

Marine Insurance** 19,139,896 13%- 3.2% 22,119,318 8%- 3.8% Marine Insurance* 4,697,526 16.6% 1.0% 4,028,223 44.9%- 0.9%

Fire Insurance 73,196,896 2.1%- 12.3% 74,745,017 7.5% 12.8% Fire Insurance 21,403,411 54.3%- 4.7% 46,825,242 135.1% 10.5%

Motor Insurance 232,968,791 3.5% 39.2% 225,180,385 1.5% 38.6% Motor Insurance 223,664,724 7.9% 48.8% 207,324,187 10.0% 46.4%

Compulsory (Third Party Liability Ins.) 157,051,659 2.5% 26.4% 153,257,822 1.7% 26.3% Compulsory (Third Party Liability Ins.) 150,718,409 7.9% 33% 139,731,081 9.5% 31.3%

Comprehensive (Own Damage)Ins. 75,917,132 5.6% 12.8% 71,922,563 1.1% 12.3% Comprehensive (Own Damage)Ins. 72,946,315 7.9% 15.9% 67,593,106 11.0% 15.1%

Credit Insurance 1,131,721 10.6% 0.2% 1,023,144 4.4% 0.2% Credit Insurance 2,008,792 23.7% 0.4% 1,624,312 79.1% 0.4%

General Accident Insurance*** 18,946,080 6% 3.2% 17,790,214 4%- 3.1% General Accident Insurance*** 3,954,447 13.9%- 0.9% 4,595,004 17.0% 1.0%

Liability Insurance 7,214,681 8% 1.2% 6,658,605 10.4%- 1.1% Liability Insurance 980,565 9.3%- 0.2% 1,080,888 185.0% 0.2%

Other Branches Insurance 11,731,399 5% 2.0% 11,131,609 0.8% 1.9% Other Branches Insurance 2,973,882 15.4%- 0.6% 3,514,116 1.0%- 0.8%

Medical Insurance 168,892,532 2%- 28.4% 171,495,708 10% 29.4% Medical Insurance 159,586,826 9.4% 34.8% 145,844,278 17.6% 32.6%

Total General Insurances 514,275,916 0.4% 86.6% 512,353,786 4.4% 87.9% Total General Insurances 415,315,726 1.2% 90.5% 410,241,246 19.1% 91.8%

Life Assurance 79,836,601 13.1% 13.4% 70,583,341 15.6% 12.1% Life Assurance**** 43,367,816 18.1% 9.5% 36,723,049 35.0% 8.2%

Total Premiums 594,112,517 1.9% 100% 582,937,127 5.7% 100% Total Paid Claims 458,683,542 2.6% 100% 446,964,295 20.2% 100%

*

****

***

4

* Source: Annual reports as in 31/12/ 2017 for insurance companies.

Underwritten Premiums

General Accident insurances include both Liability & other insurances Premiums.

Marine insurance premiums in 2017 include Aviation insurance with an amount of JD (1,109,123) and 6 insurance Companies

practice this type of insurance. Life Assurance paid claims in 2017 include the amounts paid for surrender and maturity policies in an amount of JD (10,662,272).

Three Insurance Companies paid aviation claims in 2017 in an amount of JD(50,664).

Paid Claims

For (24) Insurance Companies (JD)

Total Premiums & Paid Claims

Insurance Operations For the Year 2017 *

Table (2)

Branch / Year 2017 (24

Companies)

Change%

2016

Branch

Share of

Total Paid

Claims 2017

2016 (24

Companies)

Change%

2015 (25

Companies)

Branch Share

of Total

Premiums

2017

2016

(24 Companies)

Change% 2015

(25 Companies)Branch / Year

2017

(24 Companies)

Change%

2016

201620172016201720162017201620172016201720162017

4,553,4474,458,92716.116.32,892,1723,499,9354,028,2234,697,52617,293,97715,580,62822,119,31819,139,896Marine & Aviation Insurance

11,453,989526,350-80.487.12,260,5292,383,693207,324,187223,664,7245,934,5055,713,196225,180,385232,968,791Motor Insurance

8,929,842-15,360,920-91.596.31,449,8961,355,007139,731,081150,718,4093,069,8172,971,151153,257,822157,051,659Compulsory (Third Party Liability Ins.)

20,383,83114,834,57057.467.6673,6561,006,80267,593,10672,946,3152,867,2202,742,04571,922,56375,917,132Comprehensive (Own Damage)

4,131,8893,457,10428.327.841,262,53618,397,87846,825,24221,403,41152,262,44854,274,83874,745,01773,196,896Fire Insurance

3,468,0313,983,02227.919.53,323,4982,895,4314,595,0043,954,44711,063,85612,690,71717,790,21418,946,080General Accident Insurance

869,724853,85669.720.8716,686818,6841,080,888980,5654,663,6375,639,9536,658,6057,214,681Liability Insurance

2,598,3073,129,16630.719.22,606,8122,076,7473,514,1162,973,8826,400,2197,050,76411,131,60911,731,399Other Branches Insurance

233,115667,950167.358.1896,354988,2911,624,3122,008,792737,742800,9371,023,1441,131,721Credit Insurance

798,05116,092,474-90.8107.769,860,54468,607,596145,844,278159,586,82686,762,47279,534,563171,495,708168,892,532Medical Insurance

24,638,5224,051,821-80.990120,495,63396,772,824410,241,246415,315,726174,055,000168,594,879512,353,786514,275,916Total General Insurances

5,940,9477,523,19853.657.818,468,37322,046,37836,723,04943,367,81622,528,69525,224,43870,583,34179,836,601Life Assurance

30,579,4693,471,37778.286.8138,964,006118,819,202446,964,295458,683,542196,583,695193,819,317582,937,127594,112,517Total

5

Insurance Branches

Table (3)

* Loss Ratio of the market = net claims cost / net premiums revenue %.

Premiums, Abroad Reinsurer´s Premiums Share,Paid Claims,Abroad Reinsurer’s Paid Claims Share, Net Technical Profits

(Loss) and Loss Ratio (Jordan) For 2017-2016 (JD)

Abroad Reinsurer’s

Claims Share% Loss Ratio *

Abroad Reinsurerُs

Premiums Share Paid Claims

BranchUnderwritten Premiums Net Technical Profit (Loss)

Percentage

Change %

3

1

1

Financial Assets at Amortized Cost 15

Investments in Subsidaries & Associates 11-

Property Investments 1.0-

7

0

Total Investments 4.2

2

14-

Accounts Receivable - Net 0

Due from Reinsurers 4-

Deferred Tax Assets 31

13-

50

Other Assets 6

Others 115

4.1

5

2

Net Mathmatical Provision 16

Other Technical Provisions 0

Deficit in Premiums Provision 62

6.7

279

3

11

4-

3

41-

Loans

Deferred Tax Liability 9

Other Liabilities 2

Others

6

0.7-

100-

0

3

2

0

25-

Retained Earnings (Accumulated) Profit & Losses 29.8-

Period´s Profit (Loss)

Others 21-

2.5-

5

2.5-

Others

4

6

1,056,083

Financial Assets at Fair Value Through Profit or Loss

Financial Assets at Fair Value Through Other Comprehensive Income

915,771,749

46,565,967

5,637,622

810,310

250,000

5,820,487

74,027,758

406,666,718

3,553,222

45,152,034

Balance Sheet for the Jordanian Insurance Sector

Deposits at Bank

1,530,391

15,267,078

122,868,862 105,681,220

39,773,998 18,529,474

139,295,475

160,629,713

158,589,994

244,522,240

28,571,300

11,186

64,645,975

28,747,985

112,588,712

163,043,025

32,524,486

250,000

28,455,186

146,302,367

953,054,041

16,232,396

137,934

1,604,574

33,757,693

17,006,987

158,471,209

565,656,645

56,236,234

22,358,900

11,186

122,934

8,660,819

86,271,382

11,600,000

2,123,375

Total Liabilities & Owner´s Equity

33,176,755

11,037,807-

341,558,182

6,144,857

8,281,518-

915,771,749953,054,041

606,214,520

1,404,196

22,500,972

29,417,935

2,225

46,751,020

28,772,072

5,361,672-

45,528,144

5,361,673-

1,172,559-

267,404,161

572,090,192

265,404,161Paid Up Capital

Net Premiums on Paid Up Capital

Other Reserves

Accumulated Change in Fair Value

642,237-

2,224,842Minority Interest

Voluntary Reserve 6,496,872

2,225

13,455,642

433,774,133

49,499

6,361,344

Total Owner´s Equity

333,014,679

32,074,989

7,759,357

335,239,521

Total Shareholder´s Equity

3,332,691

Treasury Stocks

Income Tax Provision

Intangible Assets

Bank Loans

343,681,557

1,167,414

5,996,626

70,924,222

1,309,879

Total Assets

Net Outstanding Claims Provision

Due to other Reinsurers

Other Provisions

Other Investments

Statutory Reserve

Property & Equipment - Net

Total Technical Provisions

Accounts Payable

Net Unearned Premiums Provision

Total Liabilities

30,202,895

85,419,233

543,109,109

9,268,635

2,408,805

30,817,397Cash on Hand & at Banks

Receivable Notes & Post-Dated Cheques

Accrued Expenses

Details

Table (4)

Loans to life polices holders

for The Year ending in 31/12/2017 (JD)

2017

237,682,038

2016

84,975,720 83,744,136

98,030,314

Percentage

Change %

2

2-

5

9

42

Net Change in Premiums Shortage Provision 34-

4

6-

9

Interests Revenues 43

Gain (Losses) from Financial Assets & Investments 56-

Other Revenues related to underwriting accounts 9

Net-change in fair value for financial assests at fair value

through income statements profit & LossProfit of financial assests at fair value through comprehesive

income36-

Revenue of property investment

Investments revenue related to underwriting accounts 31

Revenue of Selling Real estate Investment 57-

Other Revenues 19-

Others 158

3

Paid Claims 4

Maturity & Surrender of Policies 28

Subrogation (Recoveries) 4

Reinsurer´s Share 13-

13

3916

2

4-

3

6

3

Allocated Employees Expenses 5

Others 37-

11

28-

6

4

2

373

Low Losses in Fixed Assets 3301-

Doubtful Debts Expense (Amortized Cost))

Banks Interests & Expenses 460

Doubtful Debts Provision 60

Bad Debts 87-

Other Provisions 13-

12

92-

108-

87.5-

Net Earned Premiums Income

323,523

38,676,772 36,828,301

876,507

423,728,863

19,570,193

6,195,731

19,222,038Issuing Fees

Commissions Received

148,807,734

10,662,272 8,326,428

58,002

3,009,559

11,076,110

215,803 502,068

Total Revenues

Net Profit(Loss) Before Tax

Total Expenses

Employees Expenses (Unallocated)

Other Expenses

Doubtful Debts Expense

Unallocated Administrative Expenses

620,807

1,519,880

596,863,819

35,193,649

6,407,781

798-

27,242,733

150,000

384,079,013

2,329,511

Table (5)

7,006,890

499,569

17,187,641Net Change in Mathmatical Provision

for the Year ending in 31/12/2017 (JD)

12,082,239

2017

225,437,345

4,010,240

8,918,286

4,864,582

118,282 184,231

179,673- 106,734-

Income Tax Provision 7,897,716

359,384,913

12,731,535

4,425,245

13,476,628

2,754,064

6,281,296

446,360,438

27,189,199

1,747,208

644,558-

2,927,982

30,398,091

Expected Operation's Profit

Net Profit After Tax

339,476

2,298,813 1,754,238

210,925

18,223,514

7

3,392,867

4,268,799

* The total written premiums include the branchs premiums of one insurance company who has outside Jordan branches.

50,000

Paid Commissions 4,143,049

760,310

20,931,747

40,498,941 38,955,163

435,505,288

24,392,857

3,451,191

Income Statement for Insurance Companies

Reinsurer´s Share

Net Written Premiums

Net change in Unearned Premiums Provision 6,403,283

Total Written Premiums*

Details 2016

365,741,276

231,122,543

609,516,358

15,961,034 11,162,750

346,495,444

25,969,645

Allocated Administrative Expenses

302,598,480

18,526,530

Net Cost of Claims

Net Change in Outstanding Claims Provision

Acquisition Policies Fees

Underwriting Administrative Expenses

Net Paid Claims

Excess of Loss Premiums

Depreciation

462,308,536

129,873,387

232,284

280,012

402,179,215

4,242,565

1,126,911

361,292,481

266,923,969

25,543

2,938,803

31,122

805,935

6,436,453

337,142

202,300

9,409,501

20,097,341

2017201620152014201320122011201020092008

19,139,89622,119,31824,085,47428,658,37928,086,63130,150,13730,738,02924,613,91025,570,63029,305,374

607,9191,319,0831,176,7131,344,7791,287,8242,164,5491,668,3611,070,048746,0951,009,692Less (Local) reinsurers premiums*

15,580,62817,293,97718,959,05922,863,72822,879,38924,363,51525,545,67620,167,07821,466,43223,992,651Less (Abroad) reinsurers premiums*

2,951,3493,506,2583,949,7024,449,8723,919,4183,622,0733,523,9923,376,7843,358,1034,303,031Net retained premiums*

73,196,89674,745,01769,510,77269,119,57168,339,55360,651,00457,369,05656,342,88554,354,41447,261,451

14,699,71618,176,31916,053,06014,697,25612,608,34011,033,52911,489,78711,763,57613,347,6338,767,024Less (Local) reinsurers premiums*



232,968,791225,180,385221,882,433212,529,081201,672,152193,332,018184,688,009176,714,739150,027,926139,192,995




18,946,08017,790,21418,474,17119,935,81817,648,63915,953,29617,432,14018,414,83117,591,23115,291,697

893,9851,375,5232,029,8282,394,0592,170,9381,708,8981,955,2712,302,6681,671,9302,209,901Less (Local) reinsurers premiums*



1,131,7211,023,144979,969699,052397,979307,160455,009464,035607,708766,946

00000000Less (Local) reinsurers premiums*

800,937737,742728,365450,320192,59292,398115,839116,73385,31055,735Less (Abroad) reinsurers premiums*

330,784285,402251,604248,732205,387214,762339,170347,302522,398711,211Net retained premiums*

168,892,532171,495,708155,728,715141,669,761127,349,809117,506,160105,948,17194,026,91482,123,55065,336,479

909,1701,891,1541,067,625861,193920,1331,022,8071,257,000624,881591,28092,494Less (Local) reinsurers premiums*



514,275,916512,353,786490,661,534472,611,662443,494,763417,899,775396,630,414370,577,314330,275,459297,154,942




79,836,60170,583,34161,038,25553,096,51347,437,14243,766,88040,800,33238,038,11234,877,79735,868,388




594,112,517582,937,127551,699,789525,708,175490,931,905461,666,655437,430,746408,615,426365,153,256333,023,330




***

8

TOTAL UNDERWRITTEN PREMIUMS

General Accident Insurance premiums in 2017 include Liability Insurance premiums with an amount of J.D (7.214.681) in addition to other Insurances.

LIFE ASSURANCE

MEDICAL INSURANCE

Table (6)

Growth of Premiums for All Classes 2008- 2017 (JD)

Marine Insurance premiums in 2017 include Aviation insurance premiums with an amount of (1.109.123) JD.

MOTOR INSURANCE

GENERAL ACCIDENT INSURANCE**

MARINE & AVIATION INSURANCE*

FIRE INSURANCE

TOTAL NON-LIFE INSURANCES

CREDIT INSURANCE

2017201620152014201320122011201020092008

4,697,5264,028,2237,309,7897,074,4156,411,41411,809,6205,003,0894,684,0696,532,2608,231,767

290,500448,657280,420697,825977,209329,530160,349230,675307,968385,722Recoveries*

100,165101,2108,41380,417242,757-10,472189,22235,458697,753152,631Less Local Reinsurers Share*

3,499,9352,892,1725,819,0145,702,2655,019,28810,913,2193,793,7673,668,7934,792,4217,083,387Less (Abroad)Reinsurers Share*

806,926586,1841,201,942593,908657,674556,399859,751749,143734,118610,027Retained Claims*

21,403,41146,825,24219,919,19542,142,30112,750,86312,534,89825,569,29711,234,68318,587,76712,513,183

377,888579,4321,712,342472,164274,925202,3901,490,208243,719439,024 168,762 Recoveries*

1,009,8792,960,6021,593,7045,336,149742,3561,110,7695,957,9841,937,7641,768,8221,656,567Less Local Reinsurers Share*


1,617,7662,022,6721,306,6031,571,6201,208,9101,072,092129,4741,017,399610,3611,758,374Retained Claims*

223,664,724207,324,187188,462,268175,678,592160,388,032171,699,125190,783,410160,331,459147,058,192131,991,111

35,722,64534,244,32629,572,04329,524,00025,754,97127,527,43428,378,30723,270,63523,435,69020,526,643Recoveries*

2,919,8553,430,5003,825,8374,152,8513,170,3993,690,3624,426,1984,637,0593,084,3063,335,187Less Local Reinsurers Share*


182,638,531167,470,612152,494,773139,421,259128,085,189136,210,721153,638,829127,994,769117,171,413104,395,235Retained Claims*

3,954,4474,595,0043,928,9705,405,7581,827,5112,165,1572,938,5642,658,0523,566,0971,701,571

45,73482,450122,81679,05560,21150,61231,36823,28245,99849,492Recoveries*

50,01492,239292,646166,538272,132292,07690,399289,690205,036105,883Less Local Reinsurers Share*

2,895,4313,323,4982,665,1624,396,294751,358489,4111,223,7991,058,1531,996,892575,526Less (Abroad)Reinsurers Share*

963,2681,096,817848,346763,871743,8101,333,0581,592,9981,286,9271,318,171970,670Retained Claims*

2,008,7921,624,312906,772717,124803,072838,458911,1122,093,502926,168505,017

855,309651,160695,041681,098863,548763,524830,749449,632198,168115,234Recoveries*

0000000Less Local Reinsurers Share*

988,291896,354192,400103,76946,24662,292133,745592,576223,445217,790Less (Abroad)Reinsurers Share*

165,19276,79819,33167,743-106,722-12,64253,382-1,051,294504,555171,993Retained Claims*

159,586,826145,844,278124,031,389113,356,525110,340,72999,730,26998,361,03880,731,09867,268,02749,823,108

2,075,9791,999,3721,825,8891,344,4061,437,0291,542,3193,686,1692,426,3091,402,3682,330,150Recoveries*

419,020389,681362,264347,227477,634703,348615,715576,029326,090186,974Less Local Reinsurers Share*


88,484,23173,594,68167,580,56367,590,69566,357,75251,114,73148,024,72646,612,08340,411,50430,923,523Retained Claims*

415,315,726410,241,246344,558,383344,374,715292,521,621298,777,527323,566,510261,732,863243,938,511204,765,757

39,368,05538,005,39734,208,55132,798,54829,367,89330,415,80934,577,15026,644,25225,829,21623,576,003Recoveries*


96,772,824120,413,85380,815,41091,619,37561,787,35172,255,04873,517,44648,900,99651,277,16636,922,690Less (Abroad) Reinsurers Share*

274,675,914244,847,764223,451,558209,873,610196,946,613190,299,643204,192,396178,711,615160,750,122138,829,822Retained Claims*

43,367,81636,723,04927,212,03328,542,83924,507,37124,264,67421,368,20420,371,17019,465,00516,824,883

83,4651,0651,19488412,36019,0839,67362,09233,67046,754Recoveries*

1,255,8671,314,9691,042,3142,002,4861,055,0391,727,3021,354,3881,092,171215,4911,744,123Less Local Reinsurers Share*


19,982,10616,938,64213,388,65413,099,96811,612,12112,520,61610,748,95810,884,48011,715,65310,503,269Retained Claims*

458,683,542446,964,295371,770,416372,917,554317,028,992323,042,201344,934,714282,104,033263,403,516221,590,640

39,451,52038,006,46234,209,74532,799,43229,380,25330,434,89234,586,82326,706,34425,862,88623,622,757Recoveries*



294,658,020261,786,406236,840,212222,973,578208,558,734202,820,259214,941,354189,596,095172,465,775149,333,091Retained Claims*

*

**

***

9

General Accident Paid Claims in 2017 include Liability Paid Claims in an amount of J.D (980,565) in addition to other insurances in an amount of JD (2,973,882).


MOTOR INSURANCE

FIRE INSURANCE

MEDICAL INSURANCE

Table (7)

Growth of Paid Claims for All Classes 2008 - 2017 (JD)

Three Insurance Companies paid claims for aviation insurance in an amount of JD (50,664) in 2017 , while no paid claims for this branch in 2016.

Life Assurance claims in 2017 include the amounts paid for surrender and maturity policies in an amount of J.D (10,662,272)

LIFE ASSURANCE***

Total Paid Claims



CREDIT INSURANCE

Arrange according Share of Arrange of

to Average Gross

Premiums% Branch

Growth%2017201720172016

19,139,89622,119,318

607,9191,319,083Less (Local) reinsurers premiums*

15,580,62817,293,977Less (Abroad) reinsurers premiums*

2,951,3493,506,258Net retained premiums*

73,196,89674,745,017

14,699,71618,176,319Less (Local) reinsurers premiums*



232,968,791225,180,385




18,946,08017,790,214




7,214,6816,658,605

361,140746,468Less (Local) reinsurers premiums*



11,731,39911,131,609

532,845629,055Less (Local) reinsurers premiums*

7,050,7646,400,219Less (Abroad) reinsurers premiums*4,147,7904,102,335Net retained premiums*

1,131,7211,023,144

Less (Local) reinsurers premiums*

800,937737,742Less (Abroad) reinsurers premiums*

330,784285,402Net retained premiums*

168,892,532171,495,708




514,275,916512,353,786




79,836,60170,583,341




594,112,517582,937,127




*

10

TOTAL UNDERWRITTEN PREMIUMS

1.9%

0.4%86.6%

Marine Insurance premiums in 2017 include Aviation insurance premiums with an amount of J.D (1,109,123) .

LIFE ASSURANCE

113.1%

100%

3 13.4%

Table (8)

7

Credit Insurance

3

TOTAL (NON-LIFE) INSURANCES

10.6%7 0.2%

4 12.3%

2

5 3.2%


4

6%

2.1%

39.2% 3.5%

3.2%

MOTOR INSURANCE

5%

MEDICAL INSURANCE

28.4% 2% 2 5

Written Premiums of Jordan Insurance Market 2017 (JD)

13%

1

6


FIRE INSURANCE

Growth%

6

Liability Insurance

Other Branches Insurance

8%

Arrange AccordingShare ofArrange of

to AverageGross Claims%Branch

Growth%2017201720172016

4,697,5264,028,223

290,500448,657Recoveries*

100,165101,210Less Local Reinsurers Share*

3,499,9352,892,172Less (Abroad)Reinsurers Share*

806,926586,184Retained Claims*

21,403,41146,825,242


1,009,8792,960,602Less Local Reinsurers Share*


1,617,7662,022,672Retained Claims*

223,664,724207,324,187

35,722,64534,244,326Recoveries*



182,638,531167,470,612Retained Claims*

3,954,4474,595,004




963,2681,096,817Retained Claims*

980,5651,080,888


89623,854Less Local Reinsurers Share*

818,684716,686Less (Abroad)Reinsurers Share*

151,640308,122Retained Claims

2,973,8823,514,116





2,008,7921,624,312


Less Local Reinsurers Share*

988,291896,354Less (Abroad)Reinsurers Share*


159,586,826145,844,278

2,075,9791,999,372Recoveries*



88,484,23173,594,681Retained Claims*

415,315,726410,241,246

39,368,05538,005,397Recoveries*



274,675,914244,847,764Retained Claims*

43,367,81636,723,049




19,982,10616,938,642Retained Claims*

458,683,542446,964,295 Total Paid Claims

39,451,52038,006,462Recoveries*



294,658,020261,786,406Retained Claims*

*

11

Growth %

1.0%5 16.6%

1 48.8%

MOTOR INSURANCE

FIRE INSURANCE

4.7%

3

7.9%


613.9%�0.9%6

54.3%�

5

74

2.6%100%

Marine Insurance premiums in 2017 include Aviation insurance premiums with an amount of (50,664) JD.


LIFE ASSURANCE ***

23 9.5% 18.1%

90.5% 1.2%

MEDICAL INSURANCE

2

7 123.7%0.4%

49.4%34.8%

CREDIT INSURANCE

Paid Claims of Jordan Insurance Market 2017 (JD)

Table (9)

(Arrange of branches- Share of gross paid claims%- Growth%- Arrange according to average

growth%)


Liability Insurance

9.3%�0.2%

0.6% 15.4%�


Arab Orient Insurance gig; 16.06

Jordan Insurance; 10.72

Middle East Insurance; 6.93Jordan International Ins.

(Newton); 3.23

MEDGULF Insurance; 3.12

Jerusalem Insurance; 3.11

Arab Life & Accidents Ins.; 2.96

Arab Jordanian Ins. Group; 2.44

Delta Insurance; 2.17

Arab Assurers; 2.15

Holy Land Insurance; 1.71

AL Manara Insurance; 1.65

Philadelphia Insurance; 1.43

Al SAFWA INSURANCE; 1.29

Arab Union International Ins.; 1.26

Companies Share % in Gross Written Premiums 2017

SOLIDARITY-First Insurance; 6.67

AL-Nisr Al-Arabi Insurance; 5.83

Jordan French Insurance; 4.50MetLife; 4.20

Islamic Insurance; 3.95

Euro Arab Insurance Group; 3.83

United Insurance; 3.65

Arabia Insurance - Jordan; 3.59

National Insurance; 3.55

12

Tbl. 1-2

201620172016201720162017201620172016201720162017201620172016201720162017

9,232,5348,323,0178,452,1157,742,952180,32866,328946,580840,09615,517,30715,158,6281,405,8031,786,7091,405,8031,786,709Jordan Insurance1

5,476,7325,591,8117,861,3997,466,128200,811179,443954,961888,9509,874,61610,284,3605,731,9415,381,313241,827225,8535,490,1145,155,460Middle East Insurance2

2,630,1193,918,4567,454,4767,207,726224,06772,2472,778,6853,279,878852,764949,285852,764949,285National Insurance3

3,607,1073,733,7778,433,9467,739,079101,37974,067158,846219,6702,007,7332,382,599495,969382,305118,1516,752377,818375,553United Insurance4

1,073,0121,448,8275,001,0665,405,881104,36576,117418,177367,2551,019,0021,195,342130,244167,3027,100123,144167,302Al Manara Insurance5

2,792,6293,718,8368,264,5308,010,555277,928224,765455,316536,2141,814,6092,047,600849,592688,879849,592688,879Arabia Insurance-Jordan6

4,236,4354,405,4228,090,2447,474,48976,59327,318158,062180,3011,404,1022,624,2611,125,2031,064,8281,125,2031,064,828Jerusalem Insurance7

250,745224,921655,525639,0652,522,1322,665,587414,349400,234414,349400,234Al-Nisr Al-Arabi Insurance8

3,822,8563,866,8858,002,2447,042,466604,254763,730226,689273,06282,83583,2892,133,2602,322,4431,818,7281,541,704805,134524,4001,013,5941,017,304Jordan French Insurance9

2,269,749581,9904,090,0216,585,29810,26584,575142,55742,90883,86242,24383,86242,243Arab Union International Ins.10

1,478,7661,487,0007,726,8636,871,161104,558100,502105,05882,427264,579201,4682,186,8052,080,834452,538428,228452,538428,228Delta Insurance11

2,831,3322,506,6704,180,2104,312,05874,50965,690204,908157,24034,22827,60434,22827,604 Al SAFWA INSURANCE12

800,559831,9406,046,6408,905,42046,70344,298322,220310,3047,3717,5787,3717,578 Holy Land Insurance13

3,936,0404,258,0758,929,2918,566,327101,085133,27562,07931,1671,453,2661,236,132378,894278,622378,894278,622Arab Life & Accidents Ins.14

588,6861,096,4304,109,4326,466,3284,2866,7122,4234,94770,68888,49417,47411,18817,47411,188 Philadelphia Insurance15

1,865,5652,049,346 MetLife16

78,55892,617456,3971,569,5693,327,9452,488,1841,412,2131,602,07584,07893,3781,328,1351,508,697Jordan International Ins.

(Newton)17

3,698,1863,819,5868,537,2058,211,089138,683170,476281,852344,0011,021,0471,121,478515,644502,261515,644502,261Euro Arab Insurance Group18

2,134,7662,135,3117,538,5057,038,694592,781704,9121,661,9551,699,512752,375785,296752,375785,296Islamic Insurance19

1,706,8822,480,6606,210,9738,136,47936,40442,724123,313126,76044,71372,268507,425475,450195,846106,993195,846106,993Arab Assurers20

1,511,1671,723,1616,936,1077,204,977228,301209,1421,301,7871,231,346329,864302,007329,864302,007Arab Jordanian Ins. Group21

12,474,13513,136,23511,938,77311,692,6754,447,4734,813,6541,040,457922,62610,584,5288,754,3012,824,607756,06954,81716,7332,769,790739,336Arab Orient Insurance (gig)22

3,745,5474,006,3316,527,7976,676,63525,13550,121132,028153,6302,364,2582,659,112732,940566,286732,940566,286MEDGULF Insurance23

1,875,3242,846,7128,925,9858,295,2421,740,3711,684,222728,321579,83410,524,1828,890,9031,556,8691,360,887250,082242,0071,306,7871,118,880SOLIDARITY-First Insurance24

71,922,56375,917,132153,257,822157,051,6591,023,1441,131,72111,131,60911,731,3996,658,6057,214,68174,745,01773,196,89622,119,31819,139,8961,561,1891,109,12320,558,12918,030,773

*

13

Other Branches

Table (10)

Credit InsuranceCompulsory(Third Party

(Liability Insurance

Motor

Underwritten Premiums for 24 Insurance CompaniesCompanies Share of All Classes 2017 (JD)

Total

Jordan Emirates Insurance Company name was changed to Al-Safwa Insurance Since 17/5/2018.

No.Liability Marine + Aviation

Comprehensive (Own

Damages)Companies

AviationMarineFire& Other Property

Damages

20162017201620172016201720162017201620172016201720162017

13,926,69415,403,83710.5510.7261,493,30663,710,31918,367,30120,476,05343,126,00543,234,2667,391,3389,316,53617,684,64916,065,9691

6.886.9340,089,08241,178,5144,414,4885,065,77235,674,59436,112,7425,574,1346,320,73713,338,13113,057,9392

3.233.5518,822,46121,074,037358,713511,70218,463,74820,562,3354,523,6375,134,74310,084,59511,126,1823

3.953.6523,034,53221,688,6741,063,031941,68021,971,50120,746,9947,166,5216,215,49712,041,05311,472,8564

1.421.658,291,0659,799,8658,291,0659,799,865545,1991,139,1416,074,0786,854,7085

3.343.5919,486,04321,303,5382,099,4342,285,42617,386,60919,018,1122,932,0053,791,26311,057,15911,729,3916

2.883.1116,783,93718,485,71373,76674,14616,710,17118,411,5671,619,5322,634,94812,326,67911,879,9117

5.255.8330,613,32934,640,62316,261,84918,082,80714,351,48016,557,81610,508,72912,628,0098

4.434.5025,815,26026,728,7651,402,6041,588,42024,412,65625,140,3457,721,7909,246,76611,825,10010,909,3519

1.301.267,560,2727,502,8527,560,2727,502,852963,818165,8386,359,7707,167,28810

2.422.1714,130,55212,878,06670,740168,64414,059,81212,709,4221,740,6451,457,8029,205,6298,358,16111

1.331.297,726,7747,670,8037,726,7747,670,803401,587601,5417,011,5426,818,72812

1.241.707,223,49310,099,5407,223,49310,099,5406,847,1999,737,36013

7503.392.9619,768,94117,557,8411,306,9271,220,99518,462,01416,336,8463,601,3591,833,24812,865,33112,824,40214

0.931.435,416,7538,512,2405,416,7538,512,240623,764838,1414,698,1187,562,75815

3.654.2021,287,00224,943,91615,701,94018,775,8505,585,0626,168,0663,719,4974,118,72016

3.503.2320,412,18419,166,1431,005,9281,133,76419,406,25618,032,37914,131,14312,279,934017

3.483.8320,295,42922,760,2331,358,3031,656,61718,937,12621,103,6164,744,5096,934,72512,235,39112,030,675

3.953.9523,002,82523,475,6444,839,0625,323,93018,163,76318,151,7145,483,3815,787,9899,673,2719,174,00519

1.742.1510,117,84212,791,61410,117,84212,791,6141,292,2861,350,2807,917,85510,617,13920

2.502.4414,553,85314,523,847544,728306,52714,009,12514,217,3203,701,8993,546,6878,447,2748,928,13821

18.9116.06110,205,05995,427,353110,205,05995,427,35366,895,08655,351,79324,412,90824,828,91022

3.233.1218,800,77018,556,97518,800,77018,556,9755,273,0654,444,86010,273,34410,682,96623

6.526.6738,006,36339,635,4021,714,5272,224,26836,291,83637,411,13410,940,78413,753,33410,801,30911,141,95424

13,927,44415,403,837100100582,937,127594,112,51770,583,34179,836,601512,353,786514,275,916171,495,708168,892,532225,180,385232,968,791

14

Gross Underwritten Premiums

for Branches Outside JordanCompulsory (Third Party

Liability Ins.) & Comprehensive

(Own Damages)

Total Motor

Non Life InsurancesCompanies

Gross Underwritten PremiumsLifeMedical Marketُs Share %

Euro Arab Insurance Group

Table (10)

Jordan Insurance

No.

Underwritten Premiums for 24 Insurance CompaniesCompanies Share of All Classes 2017 (JD)

Tbl. 2-2

Al SAFWA INSURANCE

Middle East Insurance

National Insurance

United Insurance

Al Manara Insurance

MetLife Alico *

Arabia Insurance-Jordan

Arab Jordanian Ins. Group

18

Jordan International Ins. (Newton)

Islamic Insurance

Arab Orient Insurance gig

MEDGULF Insurance

SOLIDARITY-First Insurance

Total

Arab Assurers

Philadelphia Insurance

Al-Nisr Al-Arabi Insurance

Arab Life & Accidents Ins.

Holy Land Insurance

Jerusalem Insurance

Delta Insurance

Arab Union International Ins.

Jordan French Insurance

20162017201620172016201720162017201620172016201720162017

17,684,64916,065,9699,232,5348,323,0178,452,1157,742,952694,156614,6727,757,9597,128,2802,070,7121,929,2695,687,2475,199,011Jordan Insurance1


10,084,59511,126,1822,630,1193,918,4567,454,4767,207,726651,976591,1066,802,5006,616,620985,3101,451,2285,817,1905,165,392National Insurance3

12,041,05311,472,8563,607,1073,733,7778,433,9467,739,0791,303,3711,129,5047,130,5756,609,5751,227,9431,211,8845,902,6325,397,691United Insurance4

6,074,0786,854,7081,073,0121,448,8275,001,0665,405,881495,434461,2124,505,6324,944,669473,765733,9674,031,8674,210,702AL Manara Insurance5

11,057,15911,729,3912,792,6293,718,8368,264,5308,010,5551,313,2441,180,8716,951,2866,829,684878,7941,283,3936,072,4925,546,291Arabia Insurance-Jordan6

12,326,67911,879,9114,236,4354,405,4228,090,2447,474,489679,069579,7087,411,1756,894,7811,339,1901,553,8656,071,9855,340,916Jerusalem Insurance7

AL-Nisr Al-Arabi Insurance 8

11,825,10010,909,3513,822,8563,866,8858,002,2447,042,466645,298562,9887,356,9466,479,4781,685,6001,607,4315,671,3464,872,047Jordan French Insurance9

6,359,7707,167,2882,269,749581,9904,090,0216,585,298260,094540,2443,829,9276,045,0541,278,8321,388,0492,551,0954,657,005Arab Union International Ins.10

9,205,6298,358,1611,478,7661,487,0007,726,8636,871,1611,315,7291,120,9406,411,1345,750,221408,989431,0346,002,1455,319,187Delta Insurance11

7,011,5426,818,7282,831,3322,506,6704,180,2104,312,058388,931320,6483,791,2793,991,4101,475,9352,232,8182,315,3441,758,592Al SAFWA INSURANCE 12

6,847,1999,737,360800,559831,9406,046,6408,905,4205,488255,7276,041,1528,649,6935,862,5825,799,365178,5702,850,328Holy Land Insurance13

12,865,33112,824,4023,936,0404,258,0758,929,2918,566,3271,391,3341,228,0817,537,9577,338,2461,509,2891,787,5426,028,6685,550,704Arab Life & Accidents Ins.14

4,698,1187,562,758588,6861,096,4304,109,4326,466,328745,859989,1783,363,5735,477,150376,991383,2142,986,5825,093,936Philadelphia Insurance15

Jordan International Ins. (Newton)16

12,235,39112,030,6753,698,1863,819,5868,537,2058,211,0891,340,7461,222,6017,196,4596,988,4881,436,0141,572,3735,760,4455,416,115Euro Arab Insurance Group17

9,673,2719,174,0052,134,7662,135,3117,538,5057,038,694680,615604,4756,857,8906,434,2191,171,9751,256,4855,685,9155,177,734Islamic Insurance18

7,917,85510,617,1391,706,8822,480,6606,210,9738,136,479382,468501,8945,828,5057,634,5852,498,5912,843,4333,329,9144,791,152Arab Assurers19

8,447,2748,928,1381,511,1671,723,1616,936,1077,204,977613,633604,4976,322,4746,600,4801,171,7381,276,9835,150,7365,323,497Arab Jordanian Ins. Group20

24,412,90824,828,91012,474,13513,136,23511,938,77311,692,6751,318,0631,182,05010,620,71010,510,6254,338,4754,753,1376,282,2355,757,488Arab Orient Insurance gig21

10,273,34410,682,9663,745,5474,006,3316,527,7976,676,635733,675580,8975,794,1226,095,738937,931996,8034,856,1915,098,935MEDGULF Insurance22

10,801,30911,141,9541,875,3242,846,7128,925,9858,295,2421,357,5081,229,0517,568,4777,066,1911,651,2091,523,1555,917,2685,543,036SOLIDARITY-First Insurance* 23

225,180,385232,968,79171,922,56375,917,132153,257,822157,051,65916,993,92316,110,631136,263,899140,941,02834,213,75337,514,166102,050,146103,426,862

*

**

***

****

15

Total Motors

The T.P.L Jordanian Vehicles Inculde T.P.L Policies issued by the unified Bureau and T.P.L Tenders Premiums and orange card policies.

NO.

Compulsory T.P.L

**Jordanian Vehicles/Total Compulsory/T.P.L

Table (11)

Company

Motor Underwritten Premiums for 21 Insurance Companies*

Total Jordanian Vehicles

As in 31/12/2017 Compared with 31/12/2016(JD)

Compulsory T.P.L from

Comprehensive

Comprehensive (Own

Damages)

Compulsory T.P.L

Foreign Vehicles


1- AL-Nisr Al-Arabi Insurance Co. since 1/1/2012.

Total

Insurance companies revoked voluntary their Motor Insurance license:

Source :Financial Reports of (23) insurance companies.

2- Jordan International Insurance Co.(Newton) since 14/3/2012.

Tbl. 1-5

1 Arab Orient Insurance (gig) 95,427,353 18.56 21.51 1 1 Jordan Insurance 20,476,053 25.65 26.02 1 1 Arab Orient Insurance (gig) 95,427,353 16.06 18.9 1

2 Jordan Insurance 43,234,266 8.41 8.42 2 2 MetLife 18,775,850 23.52 22.25 3 2 Jordan Insurance 63,710,319 10.72 10.55 2

3 SOLIDARITY-First Insurance 37,411,134 7.27 7.08 3 3 Al-Nisr Al-Arabi Insurance 18,082,807 22.65 23.04 2 3 Middle East Insurance 41,178,514 6.93 6.88 3

4 Middle East Insurance 36,112,742 7.02 6.96 4 4 Islamic Insurance 5,323,930 6.67 6.86 4 4 SOLIDARITY-First Insurance 39,635,402 6.67 6.52 4

5 Jordan French Insurance 25,140,345 4.89 4.76 5 5 Middle East Insurance 5,065,772 6.35 6.25 5 5 Al-Nisr Al-Arabi Insurance 34,640,623 5.83 5.25 5

6 Euro Arab Insurance Group 21,103,616 4.10 3.67 8 6 Arabia Insurance-Jordan 2,285,426 2.86 2.97 6 6 Jordan French Insurance 26,728,765 4.50 4.43 6

7 United Insurance 20,746,994 4.03 4.29 6 7 SOLIDARITY-First Insurance 2,224,268 2.79 2.43 7 7 MetLife 24,943,916 4.20 3.65 9

8 National Insurance 20,562,335 3.70 3.6 10 8 Euro Arab Insurance Group 1,656,617 2.08 1.92 9 8 Islamic Insurance 23,475,644 3.95 3.95 8

9 Arabia Insurance-Jordan 19,018,112 3.61 3.39 13 9 Jordan French Insurance 1,588,420 1.99 1.99 8 9 Euro Arab Insurance Group 22,760,233 3.83 3.48 11

10 MEDGULF Insurance 18,556,975 3.61 3.6 9 10 Arab Life & Accidents Ins. 1,220,995 1.53 1.85 10 10 United Insurance 21,688,674 3.65 3.95 7

11 Jerusalem Insurance 18,411,567 3.58 3.26 14 11 Jordan International Ins. (Newton) 1,133,764 1.42 1.43 12 11 Arabia Insurance-Jordan 21,303,538 3.59 3.34 13

12 Islamic Insurance 18,151,714 3.53 3.55 12 12 United Insurance 941,680 1.18 1.51 11 12 National Insurance 21,074,037 3.55 3.23 14

13 Jordan International Ins. (Newton) 18,032,379 3.51 3.79 7 13 National Insurance 511,702 0.64 0.51 14 13 Jordan International Ins. (Newton) 19,166,143 3.23 3.5 10

14 Al-Nisr Al-Arabi Insurance 16,557,816 3.22 2.8 15 14 Arab Jordanian Ins. Group 306,527 0.38 0.77 13 14 MEDGULF Insurance 18,556,975 3.12 3.23 15

15 Arab Life & Accidents Ins. 16,336,846 3.18 3.60 11 15 Delta Insurance 168,644 0.21 0.10 16 15 Jerusalem Insurance 18,485,713 3.11 2.88 16

16 Arab Jordanian Ins. Group 14,217,320 2.76 2.73 17 16 Jerusalem Insurance 74,146 0.09 0.10 15 16 Arab Life & Accidents Ins. 17,557,841 2.96 3.39 12

17 Arab Assurers 12,791,614 2.49 1.97 18 17 Al Manara Insurance 0.00 17 Arab Jordanian Ins. Group 14,523,847 2.44 2.5 17

18 Delta Insurance 12,709,422 2.47 2.74 16 18 Arab Union International Ins. 0.00 18 Delta Insurance 12,878,066 2.17 2.42 18

19 Holy Land Insurance 10,099,540 1.91 1.41 22 19 Al SAFWA INSURANCE 0.00 19 Arab Assurers 12,791,614 2.15 1.74 19

20 Al Manara Insurance 9,799,865 1.66 1.151 19 20 Holy Land Insurance 0.00 20 Holy Land Insurance 10,099,540 1.70 1.24 23

21 Philadelphia Insurance 8,512,240 1.66 1.06 24 21 Philadelphia Insurance 0.00 21 Al Manara Insurance 9,799,865 1.65 1.42 20

22 Al SAFWA INSURANCE 7,670,804 1.49 1.48 20 22 Arab Assurers 0.00 22 Philadelphia Insurance 8,512,240 1.43 0.93 24

23 Arab Union International Ins. 7,502,852 1.46 1.48 21 23 Arab Orient Insurance (gig) 0.00 23 Al SAFWA INSURANCE 7,670,804 1.29 1.33 21

24 MetLife 6,168,066 1.20 1.09 23 24 MEDGULF Insurance 0.00 24 .Arab Union International Ins 7,502,852 1.26 1.30 22

514,275,917 100 100 79,836,601 100 100 594,112,518 100 100

2017

Companies Classification & Share of Gross Written Premiums (Jordan) As in 31/12/2017 (JD)(Allocated according to non life insurance, life & total written premiums)

Non Life

Insurance

2017

Companies

Classification of companies according to(Non Life Insurances Premiums)

CompaniesCompanies

Share%

Table (12)

Classification of companies according to (Gross Premiums)

20162017

Companies

2016

Companies

Share%

Companies

Share%Ranking

No.Life & Medical

Insurance

16

The Companies under No.17-24 don`t practice life insurance

Ranking

Total Total

Companies

Share%

Classification of companies according to (Life Premiums)

2016

Total

Companies

Share%Ranking

Gross

Premiums

Companies

Share%

No.No.

Tbl.2-5

1 Middle East Insurance 5,381,313 28.12 25.91 1 1 Jordan Insurance 15,158,628 20.71 20.76 1

2 Jordan Insurance 1,786,709 9.33 6.36 6 2 Middle East Insurance 10,284,360 14.05 13.21 4

3 Jordan International Ins. (Newton) 1,602,075 8.37 6.38 5 3 SOLIDARITY-First Insurance 8,890,903 12.15 14.08 3

4 Jordan French Insurance 1,541,704 8.05 8.22 3 4 Arab Orient Insurance (gig) 8,754,301 11.96 14.16 2

5 SOLIDARITY-First Insurance 1,360,887 7.11 7.04 4 5 National Insurance 3,279,878 4.48 3.72 6

6 Jerusalem Insurance 1,064,828 5.56 5.09 7 6 Al-Nisr Al-Arabi Insurance 2,665,587 3.64 3.37 7

7 National Insurance 949,285 4.96 3.86 8 7 MEDGULF Insurance 2,659,112 3.63 3.16 8

8 Islamic Insurance 785,296 4.10 3.40 10 8 Jerusalem Insurance 2,624,261 3.59 1.88 15

9 Arab Orient Insurance (gig) 756,069 3.95 12.77 2 9 Jordan International Ins. (Newton) 2,488,184 3.40 4.45 5

10 Arabia Insurance-Jordan 688,879 3.60 3.84 9 10 United Insurance 2,382,599 3.26 2.69 11

11 MEDGULF Insurance 566,286 2.96 3.31 11 11 Jordan French Insurance 2,322,443 3.17 2.85 10

12 Euro Arab Insurance Group 502,261 2.62 2.33 12 12 Delta Insurance 2,080,834 2.84 2.93 9

13 Delta Insurance 428,228 2.24 2.05 14 13 Arabia Insurance-Jordan 2,047,600 2.80 2.43 12

14 Al-Nisr Al-Arabi Insurance 400,234 2.09 1.87 15 14 Islamic Insurance 1,699,512 2.32 2.22 13

15 United Insurance 382,305 2.00 2.24 13 15 Arab Life & Accidents Ins. 1,236,132 1.69 1.94 14

16 Arab Jordanian Ins. Group 302,007 1.58 1.49 17 16 Arab Jordanian Ins. Group 1,231,346 1.68 1.74 16

17 Arab Life & Accidents Ins. 278,622 1.46 1.71 16 17 Al Manara Insurance 1,195,342 1.63 1.36 18

18 Al Manara Insurance 167,302 0.87 0.59 19 18 Euro Arab Insurance Group 1,121,478 1.53 1.37 17

19 Arab Assurers 106,993 0.56 0.89 18 19 Arab Assurers 475,450 0.65 0.68 19

20 Arab Union International Ins. 42,243 0.22 0.38 20 20 Holy Land Insurance 310,304 0.42 0.43 20

21 Al SAFWA INSURANCE * 27,604 0.14 0.15 21 21 Al SAFWA INSURANCE * 157,240 0.21 0.27 21

22 Philadelphia Insurance 11,188 0.06 0.08 22 22 Philadelphia Insurance 88,494 0.12 0.09 23

23 Holy Land Insurance 7,578 0.04 0.03 23 23 Arab Union International Ins. 42,908 0.06 0.19 22

24 MetLife* 24 MetLife*

19,139,896 100 100 73,196,896 100 100

* 17

Table (12)

Companies Classification & Share of Gross Written Premiums (Jordan) As in 31/12/2017 (JD)

Marine & Transport & Aviation

Written

Premiums

Companies

Share%

Written

Premiums

2017

TotalTotal

Companies

Share%Ranking

Fire & Other Property Damages

RankingCompanies

Share%

No. No. Companies

The Company doesn't practice Marine Insurance and Fire Insurance.

Companies

Share%

Companies

2016 2017 2016

Tbl. 3-5

Table (12)


2017 20162017 2016

CompaniesCompanies

General AccidentMotor(Compulsory(Third Party Liability Insurance)&Comprehensive(Own Damages))

No.No.

1 Arab Orient Insurance (gig) 5,736,280 30.28 30.85 1 1 Arab Orient Insurance (gig) 24,828,910 10.66 10.84 1

2 SOLIDARITY-First Insurance 2,264,056 11.95 13.88 2 2 Jordan Insurance 16,065,969 6.90 7.85 2

3 MetLife 2,049,346 10.82 10.49 3 3 Middle East Insurance 13,057,939 5.61 5.92 3

4 Jordan International Ins. (Newton) 1,662,186 8.77 3.01 8 4 Arab Life & Accidents Ins. 12,824,402 5.50 5.71 4

5 Middle East Insurance 1,068,393 5.64 6.50 4 5 Euro Arab Insurance Group 12,030,675 5.16 5.43 6

6 Jordan Insurance 906,424 4.78 6.33 5 6 Jerusalem Insurance 11,879,911 5.10 5.47 5

7 Al-Nisr Al-Arabi Insurance 863,986 4.56 5.09 6 7 Arabia Insurance-Jordan 11,729,391 5.03 4.91 9

8 Islamic Insurance 704,912 3.72 3.33 7 8 United Insurance 11,472,856 4.92 5.35 7

9 Arabia Insurance-Jordan 536,214 2.83 2.56 10 9 SOLIDARITY-First Insurance 11,141,954 4.78 4.80 10

10 Euro Arab Insurance Group 514,477 2.72 2.36 11 10 National Insurance 11,126,182 4.78 4.48 12

11 Al Manara Insurance 443,372 2.34 2.94 9 11 Jordan French Insurance 10,909,351 4.68 5.25 8

12 Jordan French Insurance 356,351 1.88 1.74 13 12 MEDGULF Insurance 10,682,966 4.59 4.56 11

13 United Insurance 293,737 1.55 1.46 14 13 Arab Assurers 10,617,139 4.56 3.52 16

14 Delta Insurance 283,895 1.50 2.08 12 14 Holy Land Insurance 9,737,360 4.18 3.04 18

15 Arab Jordanian Ins. Group 209,142 1.10 1.28 16 15 Islamic Insurance 9,174,005 3.94 4.30 13

16 Jerusalem Insurance 207,619 1.10 1.32 15 16 Arab Jordanian Ins. Group 8,928,138 3.83 3.75 15

17 MEDGULF Insurance 203,751 1.08 0.88 20 17 Delta Insurance 8,358,161 3.59 4.09 14

18 Arab Assurers 199,028 1.05 0.94 18 18 Philadelphia Insurance 7,562,758 3.25 2.09 21

19 Arab Life & Accidents Ins. 164,442 0.87 0.92 19 19 Arab Union International Ins. 7,167,288 3.08 2.82 19

20 Arab Union International Ins. 84,575 0.45 0.06 23 20 Al Manara Insurance 6,854,708 2.94 2.70 20

21 National Insurance 72,247 0.38 1.26 17 21 Al SAFWA INSURANCE 6,818,727 2.93 3.11 17

22 Al SAFWA INSURANCE * 65,692 0.35 0.43 21 22 Jordan International Ins. (Newton)*

23 Holy Land Insurance 44,298 0.23 0.26 22 23 Al-Nisr Al-Arabi Insurance*

24 Philadelphia Insurance 11,659 0.06 0.04 24 24 MetLife**

18,946,082 100 100 232,968,790 100 100

*

**

18

The company under No. 24 dosen`t practice motor insurance.

2017 2016

Companies

Share%

Companies

Share%

2017

RankingWritten

Premiums

Total Total

2016

CompaniesCompanies

Companies

Share%

Companies

Share%

Written

Premiums

The companies under No. 22 and 23 revoked voluntary their Motor Insurance license.

Ranking

No.No.

Tbl. 4-5

1 Jordan Insurance 20,476,053 25.65 26.02 1 1 Arab Orient Insurance (gig) 55,351,793 32.77 39.01 1

2 MetLife 18,775,850 23.52 22.25 3 2 SOLIDARITY-First Insurance 13,753,334 8.14 6.38 3

3 Al-Nisr Al-Arabi Insurance 18,082,807 22.65 23.04 2 3 Al-Nisr Al-Arabi Insurance 12,628,009 7.48 6.13 4

4 Islamic Insurance 5,323,930 6.67 6.86 4 4 Jordan International Ins. (Newton) 12,279,934 7.27 8.24 2

5 Middle East Insurance 5,065,772 6.35 6.25 5 5 Jordan Insurance 9,316,536 5.52 4.31 6

6 Arabia Insurance-Jordan 2,285,426 2.86 2.97 6 6 Jordan French Insurance 9,246,766 5.47 4.50 5

7 SOLIDARITY-First Insurance 2,224,268 2.79 2.43 7 7 Euro Arab Insurance Group 6,934,725 4.11 2.77 11

8 Euro Arab Insurance Group 1,656,617 2.08 1.92 9 8 Middle East Insurance 6,320,737 3.74 3.25 8

9 Jordan French Insurance 1,588,420 1.99 1.99 8 9 United Insurance 6,215,497 3.68 4.18 7

10 Arab Life & Accidents Ins. 1,220,995 1.53 1.85 10 10 Islamic Insurance 5,787,989 3.43 3.20 9

11 Jordan International Ins. (Newton) 1,133,764 1.42 1.43 12 11 National Insurance 5,134,743 3.04 2.64 12

12 United Insurance 941,680 1.18 1.51 11 12 MEDGULF Insurance 4,444,860 2.63 3.07 10

13 National Insurance 511,702 0.64 0.51 14 13 MetLife 4,118,720 2.44 2.17 13

14 Arab Jordanian Ins. Group 306,527 0.38 0.77 13 14 Arabia Insurance-Jordan 3,791,263 2.24 1.71 16

15 Delta Insurance 168,644 0.21 0.10 16 15 Arab Jordanian Ins. Group 3,546,687 2.10 2.16 14

16 Jerusalem Insurance 74,146 0.09 0.10 15 16 Jerusalem Insurance 2,634,948 1.56 0.94 18

17 Al Manara Insurance 0.00 17 Arab Life & Accidents Ins. 1,833,248 1.09 2.10 15

18 Arab Union International Ins. 0.00 18 Delta Insurance 1,457,802 0.86 1.01 17

19 Al SAFWA INSURANCE 0.00 19 Arab Assurers 1,350,280 0.80 0.75 19

20 Holy Land Insurance 0.00 20 Al Manara Insurance 1,139,141 0.67 0.32 22

21 Philadelphia Insurance 0.00 21 Philadelphia Insurance 838,141 0.50 0.36 21

22 Arab Assurers 0.00 22 Al SAFWA INSURANCE 601,541 0.36 0.23 23

23 Arab Orient Insurance (gig) 0.00 23 Arab Union International Ins. 165,838 0.10 0.56 20

24 MEDGULF Insurance 0.00 24 Holy Land Insurance

79,836,601 100 100 168,892,532 100 100

* *

19

The company under No. 24 dosen`t practice medical insurance.

Table (12)


20172017

Life

The companies under No.17-24 don`t practice life insurance.

Medical2016

Companies

Share%

Companies

Share%Ranking

Companies

Share%Ranking

Written

Premiums

Companies

Share%

Written

Premiums

2016

No. No.Companies Companies

Total Total

Tbl. 5-5

1 Jordan International Ins. (Newton) 1,569,569 21.76 1 Arab Orient Insurance (gig) 4,813,654 41.03

2 Arab Orient Insurance (gig) 922,626 12.79 2 MetLife 2,049,346 17.47

3 Middle East Insurance 888,950 12.32 3 SOLIDARITY-First Insurance 1,684,222 14.36

4 Jordan Insurance 840,096 11.64 4 Islamic Insurance 704,912 6.01

5 Al-Nisr Al-Arabi Insurance 639,065 8.86 5 Arabia Insurance-Jordan 536,214 4.57

6 SOLIDARITY-First Insurance 579,834 8.04 6 Jordan French Insurance 273,062 2.33

7 Al Manara Insurance 367,255 5.09 7 Al-Nisr Al-Arabi Insurance 224,921 1.92

8 Euro Arab Insurance Group 344,001 4.77 8 Arab Jordanian Ins. Group 209,142 1.78

9 United Insurance 219,670 3.04 9 Middle East Insurance 179,443 1.53

10 Delta Insurance 201,468 2.79 10 Euro Arab Insurance Group 170,476 1.45

11 Jerusalem Insurance 180,301 2.50 11 Arab Life & Accidents Ins. 133,275 1.14

12 MEDGULF Insurance 153,630 2.13 12 Arab Assurers 126,760 1.08

13 Jordan French Insurance 83,289 1.15 13 Jordan International Ins. (Newton) 92,617 0.79

14 Arab Assurers 72,268 1.00 14 Arab Union International Ins. 84,575 0.72

15 National Insurance 72,247 1.00 15 Delta Insurance 82,427 0.70

16 Holy Land Insurance 44,298 0.61 16 Al Manara Insurance 76,117 0.65

17 Arab Life & Accidents Ins. 31,167 0.43 17 United Insurance 74,067 0.63

18 Philadelphia Insurance 4,947 0.07 18 Jordan Insurance 66,328 0.57

19 Arabia Insurance-Jordan 0.00 19 Al SAFWA INSURANCE 65,690 0.56

20 Arab Union International Ins. 0.00 20 MEDGULF Insurance 50,121 0.43

21 Al SAFWA INSURANCE 0.00 21 Jerusalem Insurance 27,318 0.23

22 MetLife 0.00 22 Philadelphia Insurance 6,712 0.06

23 Islamic Insurance 0.00 23 National Insurance 0.00

24 Arab Jordanian Ins. Group 0.00 24 Holy Land Insurance 0.00

7,214,681 100 11,731,399 100

20

Total

Table (12)


Liability Other Branches

Companies Share%

2017 2017

Written Premiums

Total

No.No. CompaniesCompaniesWritten Premiums Companies Share%

Companies Share % in Paid Claims 2017

MetLife ; 2.12

Al Manara Insurance; 1.92

Holy Land Insurance; 1.82

Al SAFWA INSURANCE ; 1.7

Arab Union International Ins.; 1.64

Arab Orient Insurance (gig); 20.49


Delta Insurance; 2.56

Arab Jordanian Ins. Group; 2.54

Arab Assurers; 2.19 Philadelphia Insurance; 1.28

Jordan Insurance; 10.31


Jerusalem Insurance; 3.18


SOLIDARITY-First Insurance; 5.23

Jordan French Insurance; 4.94

Jordan International Ins. (Newton); Euro Arab Insurance Group; 4.18

National Insurance; 3.67

Al-Nisr Al-Arabi Insurance; 3.67

Arabia Insurance-Jordan; 3.49


Jordan International Ins. (Newton); 4.6

Middle East Insurance; 4.5

Euro Arab Insurance Group; 4.18

MEDGULF Insurance; 3.88

Islamic Insurance; 3.9

2121

Tbl. 1-2

201620172016201720162017201620172016201720162017201620172016201720162017

8,554,6119,962,88610,103,53310,310,83619,02121,402205,90238,1185,526,6932,208,182292,083534,910292,083534,910Jordan Insurance1

4,341,0944,979,3637,711,4918,202,69878,119195,37377,54115,85511,608,1711,198,528812,857210,22112,482812,857197,739Middle East Insurance2

3,471,0433,623,7937,830,5738,042,568148,68834,8351,186,381341,490314,170227,504314,170227,504National Insurance3

2,486,9722,574,6896,376,1525,779,2743,4148,0147,0526,106458,720435,03563,66138,15963,66138,159United Insurance4

1,442,0521,611,4265,530,6235,796,1911,16917,8971,3358,5452,880,834592,87121,02082,80221,02082,802Al Manara Insurance5

2,051,8313,053,3647,292,8247,703,053440,709607,45079,35367,66645,561127,710133,57746,032133,57746,032Arabia Insurance-Jordan6

3,010,5523,378,6547,324,7658,827,8294,4889,21155,1564,4741,910,909475,648167,443315,332167,443315,332Jerusalem Insurance7

71,46525,068265,290102,17433,34657,45217,71141,5686,226,329282,171364,307112,775364,307112,775Al-Nisr Al-Arabi Insurance8

3,473,6733,423,6688,321,8928,555,897311,505169,64893,97426,219140,38878,7711,267,5351,161,16241,983607,3354,33841,983602,997Jordan French Insurance9

2,342,3502,093,8344,409,9104,641,74335,6183,135472,0681,81015,9711,47415,9711,474Arab Union International Ins.10

1,349,3091,277,8056,358,3277,082,813773,8161,178,60312,30913,45686,64221,729501,662188,853381,847352,060381,847352,060Delta Insurance11

3,407,3313,116,1793,926,5264,188,5911,0524,280344,07023,4916,13906,139Al SAFWA INSURANCE 12

2,223,1552,839,2974,056,7505,449,50732,15954471,52457,501 Holy Land Insurance13

2,977,4033,131,9506,672,4787,598,2452,31219,27616,0627,544872109,134766,932153,33555,547153,33555,547Arab Life & Accidents Ins.14

835,645828,8383,983,5734,326,3845,0001002,458199,50711,739Philadelphia Insurance15

233,30568,461MetLife Alico16

118,0425,260157,011178,26926,20041,247107,203256,7004,002,3164,051,881491,879928,39733,844491,879894,553Jordan International Ins. (Newton)17

3,649,1364,112,5037,227,2938,006,28219,13440,46713,51530,594856,542709,36832,522171,10432,522171,104Euro Arab Insurance Group18

2,145,3991,974,7666,656,3987,107,65438,695107,8984,108,725408,21089,600118,13889,600118,138Islamic Insurance19

2,502,8242,190,8746,447,1286,498,02695,97053,0918,6398,7171,20720239,556105,66590,33428,11690,33428,116Arab Assurers20

1,239,1421,571,1255,908,8606,827,90646,60014,917223,926397,82190,23181,09290,23181,092Arab Jordanian Ins. Group21

9,532,95210,669,30410,167,36310,988,4271,911,795704,67764,94152,1212,648,9287,177,426276,729360,498276,729360,498Arab Orient Insurance gig22

3,485,1183,906,2626,561,6027,311,25625,77518,9108,31723,156354,520391,23923,20132,60923,20132,609MEDGULF Insurance23

2,882,0072,595,4076,440,7197,192,786817,8341,528,321105,587364,0991,581,631288,678165,334393,421165,334393,421SOLIDARITY-First Insurance24

67,593,10672,946,315139,731,081150,718,4091,624,3122,008,7923,514,1162,973,8821,080,888980,56546,825,24221,403,4114,028,2234,697,526050,6644,028,2234,646,862

*

22

Marine

Total

No. Compulsory(Third Party

(Liability Insurance

Companies

Table (13)

Paid Claims for 24 Insurance Companies *Companies Share of All Classes 2017 (JD)

Aviation Marine + AviationFire& Other Property

Damages Liability Other Branches Credit Insurance

Comprehensive

(Own Damages)

Motor


20162017201620172016201720162017201620172016201720162017

7,722,57314,287,2679.8110.3143,831,42047,300,53213,478,65118,132,69530,352,76929,167,8375,650,9266,091,50318,658,14420,273,7221

6.614.5029,540,70920,629,3141,813,0601,975,89927,727,64918,653,4153,098,3763,851,37712,052,58513,182,0612

3.873.6717,315,67716,854,922246,745264,84317,068,93216,590,0794,118,0774,319,88911,301,61611,666,3613

3.413.2315,221,55714,817,101891,06496,99314,330,49314,720,1084,934,5225,878,8318,863,1248,353,9634

2.311.9210,339,6078,819,92510,339,6078,819,925462,574710,1936,972,6757,407,6175

3.143.4914,052,12816,004,5561,392,0481,575,88612,660,08014,428,6702,616,2252,823,3959,344,65510,756,4176

3.073.1813,713,61814,594,3689,47687,82213,704,14214,506,5461,230,8291,495,39810,335,31712,206,4837

4.823.6721,538,80116,854,6805,462,4686,557,79416,076,33310,296,8869,097,8859,675,678336,755127,2428

4.914.9421,961,43122,636,216889,249940,08621,072,18221,696,1307,421,2327,673,43011,795,56511,979,5659

1.841.648,219,6497,522,3288,219,6497,522,328943,732780,3326,752,2606,735,57710

2.532.5611,321,91811,729,00514,35110,39011,307,56711,718,6151,843,6551,603,2967,707,6368,360,61811

1.841.708,203,5877,791,0768,203,5877,791,076518,469458,5357,333,8577,304,77012

1.431.826,383,5888,346,8496,383,5888,346,8496,279,9058,288,80413

519,013130,4333.183.0414,212,32813,943,0571,054,131858,04313,158,19713,085,0143,216,7151,515,4069,649,88110,730,19514

1.411.286,291,5735,867,0556,291,5735,867,0551,267,848697,5364,819,2185,155,22215

1.972.128,797,4989,733,1185,803,6026,686,0472,993,8963,047,0712,760,5912,978,610016

3.264.6014,557,27321,093,842930,712643,04513,626,56120,450,7978,723,91014,989,043275,053183,52917

3.984.1817,778,16719,171,884863,4421,513,96116,914,72517,657,9235,116,5834,587,60510,876,42912,118,78518

4.393.9019,609,77617,902,5312,474,5562,188,06917,135,22015,714,4624,096,4035,997,7968,801,7979,082,42019

2.412.1910,785,83410,067,55691,0621,53210,694,77210,066,0241,309,1141,181,5158,949,9528,688,90020

2.222.549,931,20711,653,658364,593189,5729,566,61411,464,0862,057,8552,571,2257,148,0028,399,03121

19.3820.4986,624,78093,965,33686,624,78093,965,33662,022,07264,012,88319,700,31521,657,73122

3.44415,353,36017,378,54515,353,36017,378,5454,894,8275,695,11310,046,72011,217,51823

4.785.2321,378,80924,006,088943,8391,645,13920,434,97022,360,9498,441,8589,998,2379,322,7269,788,19324

8,241,58614,417,700100100446,964,295458,683,54236,723,04943,367,816410,241,246415,315,726145,844,278159,586,826207,324,187223,664,724

23

Paid Claims for 24 Insurance Companies *

Companies Share of All Classes 2017 (JD)

Table (13)

Companies

Tbl. 2�2

United Insurance


National Insurance

No.Marketُs Share %Gross Paid Claims Non Life Insurances

Total Motor

Compulsory (Third Party

Liability Ins.) &

Comprehensive (Own

Damages)

Medical


Holy Land Insurance

Delta Insurance



Jerusalem Insurance

Islamic Insurance

Al Manara Insurance

Life


Jordan Insurance


Al SAFWA INSURANCE



MetLife Alico *

Gross Paid Claims for

Branches Outside

Jordan


Total



MEDGULF Insurance


Arab Assurers

20162017201620172016201720162017201620172016201720162017

18,658,14420,273,7228,554,6119,962,88610,103,53310,310,836448,270263,0379,655,26310,047,7993,082,2973,403,5436,572,9666,644,256Jordan Insurance1


11,301,61611,666,3613,471,0433,623,7937,830,5738,042,568420,968402,9987,409,6057,639,5701,107,6481,306,1676,301,9576,333,403National Insurance3

8,863,1248,353,9632,486,9722,574,6896,376,1525,779,274464,881128,2535,911,2715,651,0211,332,4831,200,0924,578,7884,450,929United Insurance4

6,972,6757,407,6171,442,0521,611,4265,530,6235,796,191270,878275,6595,259,7455,520,532784,957892,0934,474,7884,628,439AL Manara Insurance5

9,344,65510,756,4172,051,8313,053,3647,292,8247,703,053491,473360,8206,801,3517,342,233665,4941,126,0976,135,8576,216,136Arabia Insurance-Jordan6

10,335,31712,206,4833,010,5523,378,6547,324,7658,827,829196,329200,3537,128,4368,627,4761,289,9102,048,6075,838,5266,578,869Jerusalem Insurance7

336,755127,24271,46525,068265,290102,1747,6685,742257,62296,43245,0814,341212,54192,091AL-Nisr Al-Arabi Insurance 8

11,795,56511,979,5653,473,6733,423,6688,321,8928,555,897403,651369,4257,918,2418,186,4721,120,4651,353,5266,797,7766,832,946Jordan French Insurance9

6,752,2606,735,5772,342,3502,093,8344,409,9104,641,743143,114186,8334,266,7964,454,910978,4711,314,1183,288,3253,140,792Arab Union International Ins.10

7,707,6368,360,6181,349,3091,277,8056,358,3277,082,813439,374336,9405,918,9536,745,873526,516416,5625,392,4376,329,311Delta Insurance11

7,333,8577,304,7703,407,3313,116,1793,926,5264,188,591246,366136,3063,680,1604,052,2851,397,426595,1162,282,7343,457,169Al SAFWA INSURANCE 12

6,279,9058,288,8042,223,1552,839,2974,056,7505,449,507100,48252,7943,956,2685,396,7133,293,9514,206,861662,3171,189,852Holy Land Insurance13

9,649,88110,730,1952,977,4033,131,9506,672,4787,598,245333,602340,9456,338,8767,257,3001,221,6831,541,5675,117,1935,715,733Arab Life & Accidents Ins.14

4,819,2185,155,222835,645828,8383,983,5734,326,384164,589231,2423,818,9844,095,142552,059507,1213,266,9253,588,021Philadelphia Insurance15

275,053183,529118,0425,260157,011178,269157,011178,269157,011178,269Jordan International Ins.

(Newton)

16

10,876,42912,118,7853,649,1364,112,5037,227,2938,006,282359,292357,0186,868,0017,649,2641,490,1511,568,2535,377,8506,081,011Euro Arab Insurance Group17

8,801,7979,082,4202,145,3991,974,7666,656,3987,107,654361,401375,2686,294,9976,732,386771,216816,7225,523,7815,915,664Islamic Insurance18

8,949,9528,688,9002,502,8242,190,8746,447,1286,498,0266,447,1286,498,0263,397,4243,353,7693,049,7043,144,257Arab Assurers19

7,148,0028,399,0311,239,1421,571,1255,908,8606,827,906315,107301,3385,593,7536,526,5681,581,5461,622,1714,012,2074,904,397Arab Jordanian Ins. Group20

19,700,31521,657,7319,532,95210,669,30410,167,36310,988,427508,799482,3319,658,56410,506,0963,863,9854,535,8195,794,5795,970,277Arab Orient Insurance gig21

10,046,72011,217,5183,485,1183,906,2626,561,6027,311,256370,247336,1836,191,3556,975,0731,287,2041,500,3604,904,1515,474,713MEDGULF Insurance22

9,322,7269,788,1932,882,0072,595,4076,440,7197,192,786314,548305,9896,126,1716,886,797761,931766,8835,364,2406,119,914SOLIDARITY-First Insurance* 23

207,324,187223,664,72467,593,10672,946,315139,731,081150,718,4096,740,4165,760,630132,990,665144,957,77932,132,54535,680,623100,858,120109,277,156

*

**

***

24

Table (14)

Motor Paid Claims for 23 Insurance Companies

Total Compulsory/T.P.L Comprehensive

(Own Damages) NO. CompanyTotal Jordanian Vehicles

As in 31/12/2017 Compared with 31/12/2016 (JD)


Total MotorsCompulsoryT.P.L/ Jordanian

Vehicles

Compulsory T.P.L from

Comprehensive

Compulsory T.P.L Foreign

Vehicles


Total

Insurance companies asked voluntary to revoke their Motor Insurance license:


Source :Financial Reports of (23) insurance companies.

Tbl. 1-5

1 Arab Orient Insurance (gig) 93,965,336 22.63 21.12 1 1 Jordan Insurance 18,132,695 41.81 36.70 1 1 Arab Orient Insurance (gig) 93,965,336 20.49 19.38 1

2 Jordan Insurance 29,167,837 7.02 7.40 2 2 MetLife 6,686,047 15.42 15.80 2 2 Jordan Insurance 47,300,532 10.31 9.81 2

3 SOLIDARITY-First Insurance 22,360,949 5.39 4.98 5 3 Al-Nisr Al-Arabi Insurance 6,557,794 15.12 14.87 3 3 SOLIDARITY-First Insurance 24,006,088 5.23 4.78 6

4 Jordan French Insurance 21,696,130 5.22 5.14 4 4 Islamic Insurance 2,188,069 5.05 6.74 4 4 Jordan French Insurance 22,636,216 4.94 4.91 4

5 Jordan International Ins. (Newton) 20,450,797 4.93 3.32 13 5 Middle East Insurance 1,975,899 4.56 4.94 5 5 Jordan International Ins. (Newton) 21,093,842 4.60 3.26 12

6 Middle East Insurance 18,653,415 4.49 6.76 3 6 SOLIDARITY-First Insurance 1,645,139 3.79 2.57 8 6 Middle East Insurance 20,629,314 4.50 6.61 3

7 Euro Arab Insurance Group 17,657,923 4.25 4.12 8 7 Arabia Insurance-Jordan 1,575,886 3.63 3.79 6 7 Euro Arab Insurance Group 19,171,884 4.18 3.98 8

8 MEDGULF Insurance 17,378,545 4.19 3.74 10 8 Euro Arab Insurance Group 1,513,961 3.49 2.35 12 8 Islamic Insurance 17,902,531 3.90 4.39 7

9 National Insurance 16,590,079 4.00 4.16 7 9 Jordan French Insurance 940,086 2.17 2.42 11 9 MEDGULF Insurance 17,378,545 3.79 3.44 10

10 Islamic Insurance 15,714,462 3.78 4.18 6 10 Arab Life & Accidents Ins. 858,043 1.98 2.87 7 10 National Insurance 16,854,922 3.68 3.87 9

11 United Insurance 14,720,108 3.54 3.49 11 11 Jordan International Ins. (Newton) 643,045 1.48 2.53 9 11 Al-Nisr Al-Arabi Insurance 16,854,680 3.68 4.82 5

12 Jerusalem Insurance 14,506,546 3.49 3.34 12 12 National Insurance 264,843 0.61 0.67 14 12 Arabia Insurance-Jordan 16,004,556 3.49 3.14 14

13 Arabia Insurance-Jordan 14,428,670 3.47 3.09 15 13 Arab Jordanian Ins. Group 189,572 0.44 0.99 13 13 United Insurance 14,817,101 3.23 3.41 11

14 Arab Life & Accidents Ins. 13,085,014 3.15 3.21 14 14 United Insurance 96,993 0.22 2.43 10 14 Jerusalem Insurance 14,594,368 3.18 3.07 15

15 Delta Insurance 11,718,615 2.82 2.76 16 15 Jerusalem Insurance 87,822 0.20 0.03 17 15 Arab Life & Accidents Ins. 13,943,057 3.04 3.18 13

16 Arab Jordanian Ins. Group 11,464,086 2.76 2.33 19 16 Delta Insurance 10,390 0.02 0.04 16 16 Delta Insurance 11,729,005 2.56 2.53 16

17 Al-Nisr Al-Arabi Insurance 10,296,886 2.48 3.92 9 17 Arab Assurers 1,532 0.00 0.25 15 17 Arab Jordanian Ins. Group 11,653,658 2.54 2.22 19

18 Arab Assurers 10,066,024 2.42 2.61 17 18 Al Manara Insurance 0.00 18 Arab Assurers 10,067,556 2.20 2.41 17

19 Al Manara Insurance 8,819,925 2.12 2.52 18 19 Arab Union International Ins. 0.00 19 MetLife 9,733,118 2.12 1.97 20

20 Holy Land Insurance 8,346,849 2.01 1.56 22 20 Al SAFWA INSURANCE 0.00 20 Al Manara Insurance 8,819,925 1.92 2.31 18

21 Al SAFWA INSURANCE 7,713,977 1.86 2.00 21 21 * Holy Land Insurance 0.00 21 Holy Land Insurance 8,346,849 1.82 1.43 23

22 Arab Union International Ins. 7,522,328 1.81 2.00 20 22 Philadelphia Insurance 0.00 22 Al SAFWA INSURANCE 7,713,977 1.68 1.84 22

23 Philadelphia Insurance 5,867,055 1.41 1.53 23 23 Arab Orient Insurance (gig) 0.00 23 Arab Union International Ins. 7,522,328 1.64 1.84 21

24 MetLife 3,047,071 0.73 0.73 24 24 MEDGULF Insurance 0.00 24 Philadelphia Insurance 5,867,055 1.28 1.41 24

415,238,627 100 100 43,367,816 100 100 458,606,443 100 100

*

*

Classification of companies according to (Life Paid Claims) Classification of companies according to (Total Paid Claims)

20172016

Share% Ranking

2016

Companies

2016

Ranking

Table (15)

Companies Classification & Share of Paid Claims Per Class As in 2017 (JD)

(Allocated according to non life insurances, life & total paid claims)

Total Total Total

No.

Classification of companies according to (Non Life Insurances Paid Claims)

Share%

25

No. Life Paid

Claims

2017

Companies CompaniesNo.

The Companies Under No. (18-24) don’t Practice Life Insurance.

Companies

Share% Share%Ranking

2017

Non Life

Paid Claims

Total Paid

Claims

Companie

s Share%

Companies

Share%

Tbl. 2-5

1 Jordan International Ins. (Newton) 928,397 19.76 12.21 2 1 Arab Orient Insurance (gig) 7,177,426 33.53 5.66 7

2 Jordan French Insurance 607,335 12.93 1.41 16 2 Jordan International Ins. (Newton) 4,051,881 18.93 8.55 5

3 Jordan Insurance 534,910 11.39 7.25 6 3 Jordan Insurance 2,208,182 10.32 11.80 3

4 SOLIDARITY-First Insurance 393,421 8.38 4.10 9 4 Middle East Insurance 1,198,528 5.60 24.79 1

5 Arab Orient Insurance (gig) 360,498 7.67 6.87 7 5 Jordan French Insurance 1,161,162 5.43 2.71 10

6 Delta Insurance 352,060 7.49 9.48 3 6 Arab Life & Accidents Ins. 766,932 3.58 0.23 21

7 Jerusalem Insurance 315,332 6.71 4.16 8 7 Euro Arab Insurance Group 709,368 3.31 1.83 12

8 National Insurance 227,504 4.84 7.80 5 8 Al Manara Insurance 592,871 2.77 6.15 6

9 Middle East Insurance 210,221 4.48 20.18 1 9 Jerusalem Insurance 475,648 2.22 4.08 8

10 Euro Arab Insurance Group 171,104 3.64 0.81 17 10 United Insurance 435,035 2.03 0.98 15

11 Islamic Insurance 118,138 2.51 2.22 14 11 Islamic Insurance 408,210 1.91 8.77 4

12 Al-Nisr Al-Arabi Insurance 112,775 2.40 9.04 4 12 Arab Jordanian Ins. Group 397,821 1.86 0.48 19

13 Al Manara Insurance 82,802 1.76 0.52 19 13 MEDGULF Insurance 391,239 1.83 0.76 16

14 Arab Jordanian Ins. Group 81,092 1.73 2.24 13 14 National Insurance 341,490 1.60 2.53 11

15 Arab Life & Accidents Ins. 55,547 1.18 3.81 10 15 SOLIDARITY-First Insurance 288,678 1.35 3.38 9

16 Arabia Insurance-Jordan 46,032 0.98 3.32 11 16 Al-Nisr Al-Arabi Insurance 282,171 1.32 13.30 2

17 United Insurance 38,159 0.81 1.58 15 17 Delta Insurance 188,853 0.88 1.07 13

18 MEDGULF Insurance 32,609 0.69 0.58 18 18 Arabia Insurance-Jordan 127,710 0.60 0.10 23

19 Arab Assurers 28,116 0.60 2.24 12 19 Arab Assurers 105,665 0.49 0.51 18

20 Arab Union International Ins. 1,474 0.03 0.40 20 20 Holy Land Insurance 57,501 0.27 0.15 22

21 Al SAFWA INSURANCE* 0 0.00 0.15 21 21 Al SAFWA INSURANCE 23,491 0.11 0.73 17

22 Holy Land Insurance* 22 Philadelphia Insurance 11,739 0.05 0.43 20

23 Philadelphia Insurance 23 Arab Union International Ins. 1,810 0.01 1.01 14

24 MetLife ** 24 MetLife ** 0.00

4,697,526 100 100 21,403,411 100 100

*

**

26

Table (15)



2017CompaniesNo.

Ranking RankingNo.

The Company Under No. (24) dosen`t practice Marine Insurance & Fire Insurance.

4,697,526

The Company didnt pay claims for marine insurances in 2017.

Total

Paid Claims


Share%

2016Companies

2017

Paid Claims Share% Share%

Total

2016

Share%

Tbl. 3-5

Paid Claims Share% Share% Ranking Paid Claims Share% Share% Ranking

1 SOLIDARITY-First Insurance 1,892,420 47.86 20.1 2 1 Arab Orient Insurance (gig) 21,657,731 9.69 9.50 1

2 Arab Orient Insurance (gig) 756,798 19.14 43.02 1 2 Jordan Insurance 20,273,722 9.07 9.00 2

3 Jordan International Ins. (Newton) 297,947 7.53 2.90 8 3 Middle East Insurance 13,182,061 5.90 5.81 3

4 Middle East Insurance 211,228 5.34 3.39 6 4 Jerusalem Insurance 12,206,483 5.46 4.99 7

5 Islamic Insurance 107,898 2.73 0.84 14 5 Euro Arab Insurance Group 12,118,785 5.42 5.25 6

6 Jordan French Insurance 104,990 2.65 5.1 3 6 Jordan French Insurance 11,979,565 5.36 5.69 4

7 Al-Nisr Al-Arabi Insurance 99,020 2.50 1.11 12 7 National Insurance 11,666,361 5.22 5.45 5

8 Euro Arab Insurance Group 71,061 1.80 0.71 17 8 MEDGULF Insurance 11,217,518 5.02 4.85 8

9 MetLife 68,461 1.73 5.08 4 9 Arabia Insurance-Jordan 10,756,417 4.81 4.51 10

10 Arabia Insurance-Jordan 67,666 1.71 1.73 10 10 Arab Life & Accidents Ins. 10,730,195 4.80 4.65 9

11 Jordan Insurance 59,520 1.51 4.89 5 11 SOLIDARITY-First Insurance 9,788,193 4.38 4.50 11

12 MEDGULF Insurance 42,066 1.06 0.74 16 12 Islamic Insurance 9,082,420 4.06 4.25 14

13 Delta Insurance 35,185 0.89 2.15 9 13 Arab Assurers 8,688,900 3.89 4.32 12

14 National Insurance 34,835 0.88 3.24 7 14 Arab Jordanian Ins. Group 8,399,031 3.76 3.45 17

15 Al Manara Insurance 26,442 0.67 0.05 23 15 Delta Insurance 8,360,618 3.74 3.72 15

16 Arab Life & Accidents Ins. 16,934 0.43 0.58 19 16 United Insurance 8,353,963 3.74 4.28 13

17 Arab Jordanian Ins. Group 14,917 0.38 1.01 13 17 Holy Land Insurance 8,288,804 3.71 3.03 20

18 United Insurance 14,120 0.36 0.23 20 18 Al Manara Insurance 7,407,617 3.31 3.36 18

19 Jerusalem Insurance 13,685 0.35 1.3 11 19 Al SAFWA INSURANCE 7,227,671 3.23 3.54 16

20 Arab Assurers 8,737 0.22 0.21 21 20 Arab Union International Ins. 6,735,577 3.01 3.26 19

21 Al SAFWA INSURANCE 4,280 0.11 0.02 24 21 Philadelphia Insurance 5,155,222 2.31 2.32 21

22 Arab Union International Ins. 3,135 0.08 0.78 15 22 Jordan International Ins. (Newton) 183,529 0.08 0.13 23

23 Philadelphia Insurance 2,558 0.06 0.11 22 23 Al-Nisr Al-Arabi Insurance 127,242 0.06 0.16 22

24 Holy Land Insurance 544 0.01 0.7 18 24 MetLife* 0 0.00

3,954,447 100 100 223,587,625 100 100

*

27

Table (15)


Motor(Compulsory(Third Party Liability Insurance)&Comprehensive(Own Damages))

2016

General Accident

2017 2016

Total

No.

Total

No.

2017

CompaniesCompanies

The company don't practice motor insurance.

Tbl. 4-5

1 Jordan Insurance 18,132,695 41.81 36.70 1 1 Arab Orient Insurance (gig) 64,012,883 40.11 42.53 1

2 MetLife 6,686,047 15.42 15.80 2 2 Jordan International Ins. (Newton) 14,989,043 9.39 5.98 3

3 Al-Nisr Al-Arabi Insurance 6,557,794 15.12 14.87 3 3 SOLIDARITY-First Insurance 9,998,237 6.27 5.79 4

4 Islamic Insurance 2,188,069 5.05 6.74 4 4 Al-Nisr Al-Arabi Insurance 9,675,678 6.06 6.24 2

5 Middle East Insurance 1,975,899 4.56 4.94 5 5 Jordan French Insurance 7,673,430 4.81 5.09 5

6 SOLIDARITY-First Insurance 1,645,139 3.79 2.57 8 6 Jordan Insurance 6,091,503 3.82 3.87 6

7 Arabia Insurance-Jordan 1,575,886 3.63 3.79 6 7 Islamic Insurance 5,997,796 3.76 2.81 11

8 Euro Arab Insurance Group 1,513,961 3.49 2.35 12 8 United Insurance 5,878,831 3.68 3.38 8

9 Jordan French Insurance 940,086 2.17 2.42 11 9 MEDGULF Insurance 5,695,113 3.57 3.36 9

10 Arab Life & Accidents Ins. 858,043 1.98 2.87 7 10 Euro Arab Insurance Group 4,587,605 2.87 3.51 7

11 Jordan International Ins. (Newton) 643,045 1.48 2.53 9 11 National Insurance 4,319,889 2.71 2.82 10

12 National Insurance 264,843 0.61 0.67 14 12 Middle East Insurance 3,851,377 2.41 2.12 13

13 Arab Jordanian Ins. Group 189,572 0.44 0.99 13 13 MetLife 2,978,610 1.87 1.89 14

14 United Insurance 96,993 0.22 2.43 10 14 Arabia Insurance-Jordan 2,823,395 1.77 1.79 15

15 Jerusalem Insurance 87,822 0.20 0.03 17 15 Arab Jordanian Ins. Group 2,571,225 1.61 1.41 16

16 Delta Insurance 10,390 0.02 0.04 16 16 Delta Insurance 1,603,296 1.00 1.26 17

17 Arab Assurers 1,532 0.00 0.25 15 17 Arab Life & Accidents Ins. 1,515,406 0.95 2.21 12

18 Al Manara Insurance 18 Jerusalem Insurance 1,495,398 0.94 0.84 20

19 Arab Union International Ins. 19 Arab Assurers 1,181,515 0.74 0.90 18

20 Al SAFWA INSURANCE 20 Arab Union International Ins. 780,332 0.49 0.65 21

21 Holy Land Insurance * 21 Al Manara Insurance 710,193 0.45 0.32 23

22 Philadelphia Insurance 22 Philadelphia Insurance 697,536 0.44 0.87 19

23 Arab Orient Insurance (gig) 23 Al SAFWA INSURANCE 458,535 0.29 0.36 22

24 MEDGULF Insurance 24 Holy Land Insurance 0.00

43,367,816 100 100 159,586,826 100 100

* *

28

Share% RankingNo. Companies No. Companies

Paid Claims

Total Total

Paid Claims Share%

Life

2017

Share% Ranking

Table (15)


The companies under No. (18-24) don’t practice Life Insurance.

2016

Medical

2017

Share%

2016

The company under No. (24) dosen`t practice Medical Insurance.

Tbl. 5-5

1 SOLIDARITY-First Insurance 364,099 37.13 1 SOLIDARITY-First Insurance 1,528,321 51.39

2 Jordan International Ins. (Newton) 256,700 26.18 2 Arab Orient Insurance (gig) 704,677 23.70

3 Jordan French Insurance 78,771 8.03 3 Middle East Insurance 195,373 6.57

4 Arab Orient Insurance (gig) 52,121 5.32 4 Islamic Insurance 107,898 3.63

5 Al-Nisr Al-Arabi Insurance 41,568 4.24 5 MetLife 68,461 2.30

6 Jordan Insurance 38,118 3.89 6 Arabia Insurance-Jordan 67,666 2.28

7 National Insurance 34,835 3.55 7 Al-Nisr Al-Arabi Insurance 57,452 1.93

8 Euro Arab Insurance Group 30,594 3.12 8 Jordan International Ins. (Newton) 41,247 1.39

9 MEDGULF Insurance 23,156 2.36 9 Euro Arab Insurance Group 40,467 1.36

10 Delta Insurance 21,729 2.22 10 Jordan French Insurance 26,219 0.88

11 Middle East Insurance 15,855 1.62 11 Jordan Insurance 21,402 0.72

12 Al Manara Insurance 8,545 0.87 12 MEDGULF Insurance 18,910 0.64

13 United Insurance 6,106 0.62 13 Al Manara Insurance 17,897 0.60

14 Jerusalem Insurance 4,474 0.46 14 Arab Life & Accidents Ins. 16,062 0.54

15 Philadelphia Insurance 2,458 0.25 15 Arab Jordanian Ins. Group 14,917 0.50

16 Arab Life & Accidents Ins. 872 0.09 16 Delta Insurance 13,456 0.45

17 Holy Land Insurance 544 0.06 17 Jerusalem Insurance 9,211 0.31

18 Arab Assurers 20 18 Arab Assurers 8,717 0.29

19 Arabia Insurance-Jordan 19 United Insurance 8,014 0.27

20 Arab Union International Ins. 20 Al SAFWA INSURANCE 4,280 0.14

21 Al SAFWA INSURANCE 21 Arab Union International Ins. 3,135 0.11

22 MetLife 22 Philadelphia Insurance 100 0.00

23 Islamic Insurance 23 National Insurance 0.00

24 Arab Jordanian Ins. Group 24 Holy Land Insurance 0.00

980,565 100 2,973,882 100

29

Paid ClaimsNo.

Total Total

Companies

2017

Table (15)


Liability

Share%

Other Branches

No. Companies

2017

Paid Claims Share%

Tbl.1-2

2016201720162017201620172016201720162017201620172016201720162017

2,434,253-1,595,316-52,73339,84735,06727,421300,844162,417440,025423,046440,025423,046Jordan Insurance1

870,253-1,227,736-123,69549,05892,00455,486332,906234,626712,088713,63241,67838,536670,410675,096Middle East Insurance2

145,831423,823-39,4963,900-255,335375,920487,440442,946487,440442,946National Insurance3

799,75454,51165,05251,35871,54166,144157,916134,662118,978116,2997,1883,319111,790112,980United Insurance4

35,715685,342-19,17263,1875,603-47,25276,38837,641-41,6659,6002,5444,33239,1215,268Al Manara Insurance5

245,815-257,881-23,46511,302155,08564,035182,478169,422143,133165,709143,133165,709Arabia Insurance-Jordan6

2,021,862-1,774,429-28,44211,01130,17346,40133,892116,548495,382480,669495,382480,669Jerusalem Insurance7

41,203-17,467159,668127,55792,85166,678149,18277,81294,364196,25694,364196,256Al-Nisr Al-Arabi Insurance8

1,333,912-2,601,744-573,453769,231167,321188,2508,752-33,316388,653558,89766,41674,98086,242111,56619,826-36,586-Jordan French Insurance9

693,988-589,33943,32879,61936,601-1,389-57,6151,713-57,6151,713-Arab Union International Ins.10

61,1251,241,224-136,489-82,844-24,98130,88098,11847,920352,608226,928111,292165,285111,292165,285Delta Insurance11

147,963-833,744-32,31516,02143,60512,650-3,600759-3,600759- Al SAFWA INSURANCE12

2,301,2911,270,17111,177-48,68681,82746,2737,90511,6617,90511,661 Holy Land Insurance13

685,5731,396,724-205,026-21,200-9,2318,58337,60322,91576,57680,26126,36780,26626,36780,266Arab Life & Accidents Ins.14

475,830-48,350-3,3438,5841,6811,46644,98226,1209,1654,5529,1654,552 Philadelphia Insurance15

544,7831,078,877 MetLife16

32,85645,413-5,48220,809-25,8841,850-115,024218,763-214,271206,6942,2606,006212,011200,688Jordan International Ins. (Newton)17

1,676,888-1,903,486-134,054149,752225,566154,167371,323324,957371,323324,957Euro Arab Insurance Group18

702,587-613,644-61,86320,32793,09792,83745,423-36,12780,71271,89980,71271,899Islamic Insurance19

1,294,872-226,60422,288-8,539-41,29347,670128,41139,457128,600125,262105,92376,680105,92376,680Arab Assurers20

93,741-214,136-39,46692,824152,620123,84794,62491,11694,62491,116Arab Jordanian Ins. Group21

340,819-1,975,289-793,319867,579102,978166,887680,640588,516369,128299,1492,809-561371,937298,588Arab Orient Insurance gig22

857,013-899,588-2,41510,45744,59062,761478,535353,659294,105265,558294,105265,558MEDGULF Insurance23

239,012218,85791,266144,4991,76233,97944,264-136,083207,926240,4453,47511,462204,451228,983SOLIDARITY-First Insurance24

8,929,842-15,360,920-233,115667,9502,598,3073,129,166869,724853,8564,131,8893,457,1044,553,4474,458,927140,578175,7824,412,8694,283,145

30

Total

Other BranchesLiability Compulsory (Third Party

Liability Insurance)

Motor

No.Credit

Fire& Other Property

DamagesMarine

Net Profit (Loss) For 24 Insurance Companies as Per Class For The Year 2017 (JD) *

(According to Insurance Branches)

CompaniesAviation

Table (16)

Marine + Aviation

2016201720162017201620172016201720162017201620172016201720162017

1,189,214499,723-1,979,580-114,811-3,350,7691,631,262968,1771,242,0022,382,592389,260448,847293,3331,105,076556,804-3,539,3291,038,5121

4,583,8761,162,5672,132,0942,039,133301,305526,1771,830,7891,512,956220,450260,968349,646199,1861,219,8991,426,9222

1,363,6031,216,5041,118,342840,93858,53158,7471,059,811782,191164,974-174,920-442,514142,145296,683565,9683

1,565,3131,149,6971,909,415975,871178,18067,6301,731,235908,241257,638-156,278-1,575,386696,056775,632641,5454

629989,770-450,032498,490-450,032498,490-90,799-217,410-409,209363,478-373,494321,8645

620,965450,864888,154661,8367,038108,560-881,116770,39684,396-192,370461,351167,558707,166425,4396

460,860800,60643,051-444,63673,34156,804-116,392-501,440203,673319,745907,954-472,934-1,113,9081,301,4957

2,528,6592,001,3142,722,9072,176,5681,157,8861,094,5511,565,0211,082,0171,086,842630,75417,886-17,040-23,31734,507-8

1,597,8091,316,5412,991,7312,702,007222,304191,5572,769,4272,510,450121,336145,5721,461,000740,2042,794,9123,341,9489

394,976-407,254313,929-961,124313,929-961,124237,904-59,486-140,367-944,093553,621354,75410

696,660299,691-886,000432,098-70,3098,874-815,691423,224-107,26878,909257,913890,302-196,788350,92211

557,745-642,237-384,682-1,026,867-384,682-1,026,867-96,188-2,533368,014-1,032,012-220,051-198,268-12

1,072,022169,693-1,422,078333,124-1,422,078333,124-1,343,523439,744-957,768-1,709,915-13

490,4961,346,812-433,919-158,237-1,415,603578,252-99,63520,0001,315,968598,252-98,053-27,8191,469,270796,896-783,697599,82814

259,868105,720393,065198,183393,065198,18373,368-138,483407,26218,978883,09267,32815

2,540,7133,921,5162,344,6063,487,911995,4192,346,4141,349,1871,141,497804,40462,620016

1,012,926551,284-855,520501,988-77,109-84,276-932,629417,712-475,628387,913-96,3404,92963,48450,34217

2,314,3032,372,076530,841139,4751,485,3552,003,292954,514-1,863,817-486,694-993,924-1,198,763-1,498,769-478,125404,71718

739,277625,234650,711482,425282,89156,527367,820425,89829,28330,781-148,288235,489850,875849,13319

528,5321,319,982634,7621,177,84524,560-19,712659,3221,158,133178,24825,636-99,135903,2391,394,007676,63520

700,354590,8911,576,0781,436,167156,11583,5001,419,9631,352,667416,794458,723716,459586,157810,200800,29321

1,204,56011,082,984-4,389,10811,784,218-4,389,10811,784,218-1,228,706-15,215,678-3,671,7491,509,3294,012,5683,484,61822

495,391980,125-469,499781,226-469,499781,226-470,877-1,223,363-120,731250,298-977,744649,29023

2,175,8942,514,416189,81652,25913,870-71,603203,68619,344-5,125-218,914-47,879-355,436-286,891-574,293-24

27,189,2033,392,8632,413,499-273,048-30,579,4693,471,3775,940,9477,523,19824,638,5224,051,821-798,05116,092,474-11,453,989526,350-20,383,83114,834,570

31


Delta Insurance

MEDGULF Insurance

Holy Land Insurance


MetLife Alico

Total

.Arab Life & Accidents Ins

Al SAFWA INSURANCE

No.

Islamic Insurance

Arab Assurers



Al Manara Insurance




(According to Insurance Branches)


Jerusalem Insurance

United Insurance

National Insurance

Jordan Insurance

Net Profit (Loss)

Table (16)

Comprehensive

(Own Damages)

Medical

Tbl. 2-2

.Arab Union International Ins


Net Profit (Loss) For 24 Insurance Companies as Per Class For The Year 2017 (JD) *


Net Technical Profit

(Loss) for branches

Outside Jordan

Net Technical Profit

(Loss)CompaniesLife

Compulsory (Third Party

Liability Ins.) &

Comprehensive (Own

Damages)

Non Life Insurances

Motor

20162017201620172016201720162017201620172016201720162017

1,105,076556,804-3,539,3291,038,5122,434,253-1,595,316-678,239578,4813,112,492-2,173,797-1,433,684-1,338,116-1,678,808-835,681-Jordan Insurance1

349,646199,1861,219,8991,426,922870,253-1,227,736-329,948331,5871,200,201-1,559,323-101,731-272,791-1,098,470-1,286,532-Middle East Insurance2

442,514142,145296,683565,968145,831423,823-392,098358,888246,267-782,711-52,909219,862-299,176-562,849-National Insurance3

1,575,386696,056775,632641,545799,75454,511495,192106,420304,56251,909-597,908-508,743-902,470456,834United Insurance4

409,209363,478-373,494321,86435,715685,342-237,707323,909201,992-1,009,251-72,678-146,669-129,314-862,582-AL Manara Insurance5

461,351167,558707,166425,439245,815-257,881-344,939339,371590,754-597,252-54,377-478,415-536,377-118,837-Arabia Insurance-Jordan6

907,954-472,934-1,113,9081,301,4952,021,862-1,774,429-590,047400,4722,611,909-2,174,901-830,689-504,424-1,781,220-1,670,477-Jerusalem Insurance7

17,886-17,040-23,31734,507-41,203-17,46734,865-22,7116,338-5,244-20,972-36,85214,63442,096-AL-Nisr Al-Arabi Insurance 8

1,461,000740,2042,794,9123,341,9481,333,912-2,601,744-157,602114,3191,491,514-2,716,063-319,897-236,560-1,171,617-2,479,503-Jordan French Insurance9

140,367-944,093553,621354,754693,988-589,33961,549-388,834632,439-200,505253,935-165,934-378,504-366,439Arab Union International Ins.10

257,913890,302-196,788350,92261,1251,241,224-241,996303,512180,871-1,544,736-20,324-60,076-160,547-1,484,660-Delta Insurance11

368,014-1,032,012-220,051-198,268-147,963-833,744-119,65898,846267,621-932,590-256,229-261,69711,392-1,194,287-Al SAFWA INSURANCE 12

1,343,523439,744-957,768-1,709,915-2,301,2911,270,1714,862131,2372,296,4291,138,9341,582,2962,310,080714,1331,171,146-Holy Land Insurance13

1,469,270796,896-783,697599,828685,5731,396,724-299,363283,323386,2101,680,047-147,430-613,231-533,6401,066,816-Arab Life & Accidents Ins.14

407,26218,978883,09267,328475,830-48,350-286,76935,044762,599-83,394-590,493-113,066-172,106-29,672Philadelphia Insurance15

96,3404,92963,48450,34232,85645,413-32,85645,413-32,85645,413-Jordan International Ins. (Newton)16

148,288235,489850,875849,133702,587-613,644-533,559343,1531,236,146-956,797-245,063-226,474-991,083-730,323-Euro Arab Insurance Group17

1,198,763-1,498,769-478,125404,7171,676,888-1,903,486-244,337219,6151,921,225-2,123,101-335,372-446,209-1,585,853-1,676,892-Islamic Insurance18

99,135903,2391,394,007676,6351,294,872-226,604469,838561,5881,764,710-334,984-521,284-2,169,798-1,243,426-1,834,814Arab Assurers19

716,459586,157810,200800,29393,741-214,136-375,546491,281469,287-705,417-242,157-862,657-227,130-157,240Arab Jordanian Ins. Group20

3,671,7491,509,3294,012,5683,484,618340,819-1,975,289-340,373421,493681,192-2,396,782-1,569,658-1,500,069-888,466896,713-Arab Orient Insurance21

120,731250,298-977,744649,290857,013-899,588-39,834599,535896,847-1,499,123-572,118-593,229-324,729-905,894-MEDGULF Insurance22

47,879-355,436-286,891-574,293-239,012218,857290,525350,59251,513-131,735-535,263965,464586,776-1,097,199-SOLIDARITY-First Insurance* 23

11,453,989526,350-20,383,83114,834,5708,929,842-15,360,920-6,376,0186,804,21115,305,860-22,165,131-6,015,531-6,882,230-9,290,329-15,282,901-

*

**

***

32

The figures above represent the operations of (23) insurance companies.

Table (17)


Comprehensive

(Own Damages)

Compulsory T.P.L

Foreign VehiclesTotal Jordanian Vehicles

Total

Total Motors

Insurance companies revoked voluntary their Motor Insurance license:

Company

Compulsory T.P.L

/Jordanian VehiclesTotal Compulsory/T.P.L


Motor Net Profit (Loss) for (23) Insurance Companies for the year 2017 (JD)*

NO.


Compulsory T.P.L

from Comprehensive

Tbl. 1-6

1 MetLife 3,487,911 100.48 7.67 5 1 Jordan French Insurance 2,510,450 61.96- 1 MetLife 2,346,414 31.19 16.79 3

2 Jordan French Insurance 2,702,007 77.84 9.79 3 2 Middle East Insurance 1,512,956 37.34- 2 Islamic Insurance 2,003,292 26.63 25.05 1

3 Al-Nisr Al-Arabi Insurance 2,176,568 62.70 8.91 4 3 Arab Jordanian Ins. Group 1,352,667 33.38- 3 Jordan Insurance 1,242,002 16.51 16.33 4

4 Middle East Insurance 2,039,133 58.74 6.97 6 4 Arab Assurers 1,158,133 28.58- 4 Al-Nisr Al-Arabi Insurance 1,094,551 14.55 19.52 2

5 Jordan Insurance 1,631,262 46.99 10.96 2 5 MetLife 1,141,497 28.17- 5 Middle East Insurance 526,177 6.99 5.08 5

6 Arab Jordanian Ins. Group 1,436,167 41.37 5.16 8 6 Al-Nisr Al-Arabi Insurance 1,082,017 26.70- 6 Jordan French Insurance 191,557 2.55 3.75 7

7 Arab Assurers 1,177,845 33.93 2.08 16 7 Arab Union International Ins. 961,124 23.72- 7 Arab Jordanian Ins. Group 83,500 1.11 2.63 9

8 United Insurance 975,871 28.11 6.25 7 8 United Insurance 908,241 22.42- 8 SOLIDARITY-First Insurance 71,603 0.95 0.23- 15

9 Arab Union International Ins. 961,124 27.69 1.03- 23 9 National Insurance 782,191 19.30- 9 United Insurance 67,630 0.90 3.00 8

10 National Insurance 840,938 24.22 3.66 11 10 Arabia Insurance-Jordan 770,396 19.01- 10 National Insurance 58,747 0.78 0.99 13

11 Arabia Insurance-Jordan 661,836 19.07 2.91 12 11 Jerusalem Insurance 501,440 12.38- 11 Euro Arab Insurance Group 56,527 0.75 4.77 6

12 Euro Arab Insurance Group 482,425 13.90 2.13 15 12 Euro Arab Insurance Group 425,898 10.51- 12 Arab Life & Accidents Ins. 20,000 0.27 1.50 10

13 Jerusalem Insurance 444,636 12.81 0.14- 22 13 Jordan Insurance 389,260 9.61- 13 Arab Assurers 19,712 0.26 0.41- 16

14 Philadelphia Insurance 198,183 5.71 1.29 20 14 Philadelphia Insurance 198,183 4.89- 14 Delta Insurance 8,874- 0.12- 1.19 12

15 Islamic Insurance 139,475 4.02 1.74 17 15 SOLIDARITY-First Insurance 19,344- 0.48 15 Jerusalem Insurance 56,804- 0.76- 1.24 11

16 SOLIDARITY-First Insurance 52,259 1.51 0.62 21 16 Holy Land Insurance 333,124- 8.22 16 Jordan International Ins.

(Newton)84,276- 1.12- 1.30- 17

17 Holy Land Insurance 333,124- 9.60- 4.65 9 17 Jordan International Ins. (Newton) 417,712- 10.31 17 Arabia Insurance-Jordan 108560- 1.44- 0.12 14

18 Delta Insurance 432,098- 12.45- 2.90 13 18 Delta Insurance 423,224- 10.45 18 Al Manara Insurance

19 Al Manara Insurance 498,490- 14.36- 1.47 19 19 Al Manara Insurance 498,490- 12.30 19 Arab Union International Ins.

20 Jordan International Ins. (Newton) 501,988- 14.46- 2.80 14 20 Arab Life & Accidents Ins. 598,252- 14.77 20 Al SAFWA INSURANCE

21 Arab Life & Accidents Ins. 578,252- 16.66- 4.60 10 21 MEDGULF Insurance 781,226- 19.28 21 Holy Land Insurance

22 MEDGULF Insurance 781,226- 22.50- 1.54 18 22 Al SAFWA INSURANCE 1,026,867- 25.34 22 Philadelphia Insurance

23 Al SAFWA INSURANCE 1,026,866- 29.58- 1.26- 24 23 Islamic Insurance 1,863,817- 46.00 23 Arab Orient Insurance (gig)

24 Arab Orient Insurance (gig) 11,784,218- 339.47- 14.36 1 24 Arab Orient Insurance (gig) 11,784,218- 290.84 24 MEDGULF Insurance

3,471,378 100 100 4,051,821- 100 7,523,198 100 100

33

Table (18)

Insurance Companies According to Profit (Loss) Per Class as in 2017 (JD)

Profit

(Loss)Share%Ranking

Total Underwriting Profit(Loss)for Life assurances

2017 2016

Share%RankingCompanies

Share% Share%

) Total Underwriting ProfitLossfor Non Life Insurances (Total Underwriting Profit (Loss)

2017

NO. Companies

2016 2017

Profit (Loss)

Total

Total

Underwriting

Profit (Loss)

Share%NO. Companies NO.

Total Total

Tbl. 2-6

1 Middle East Insurance 713,632 16.00 15.64 1 1 Arab Orient Insurance (gig) 588,516 17.02 16.47 1

2 Jerusalem Insurance 480,669 10.78 10.88 2 2 Jordan French Insurance 558,897 16.17 9.41 3

3 National Insurance 442,946 9.93 10.70 3 3 National Insurance 375,920 10.87 6.18 7

4 Jordan Insurance 423,046 9.49 9.66 4 4 MEDGULF Insurance 353,659 10.23 11.58 2

5 Islamic Insurance 324,957 7.29 8.15 5 5 Middle East Insurance 234,626 6.79 8.06 5

6 Arab Orient Insurance (gig) 299,149 6.71 8.11 6 6 Delta Insurance 226,928 6.56 8.53 4

7 MEDGULF Insurance 265,558 5.96 6.46 7 7 Arabia Insurance-Jordan 169,422 4.90 4.42 9

8 SOLIDARITY-First Insurance 240,445 5.39 4.57 9 8 Jordan Insurance 162,417 4.70 7.28 6

9 Jordan International Ins. (Newton) 206,694 4.64 4.71 8 9 Islamic Insurance 154,167 4.46 5.46 8

10 Al-Nisr Al-Arabi Insurance 196,256 4.40 2.07 15 10 SOLIDARITY-First Insurance 136,083 3.94 1.07- 22

11 Arabia Insurance-Jordan 165,709 3.72 3.14 10 11 United Insurance 134,662 3.90 3.82 10

12 Delta Insurance 165,285 3.71 2.44 12 12 Arab Assurers 125,262 3.62 3.11 13

13 United Insurance 116,299 2.61 2.61 11 13 Arab Jordanian Ins. Group 123,847 3.58 3.69 11

14 Arab Jordanian Ins. Group 91,116 2.04 2.08 14 14 Jerusalem Insurance 116,548 3.37 0.82 20

15 Arab Life & Accidents Ins. 80,266 1.80 0.58 20 15 Arab Life & Accidents Ins. 80,261 2.32 1.85 16

16 Arab Assurers 76,680 1.72 2.33 13 16 Al-Nisr Al-Arabi Insurance 77,812 2.25 3.61 12

17 Jordan French Insurance 74,980 1.68 1.46 17 17 Holy Land Insurance 46,273 1.34 1.98 15

18 Euro Arab Insurance Group 71,899 1.61 1.77 16 18 Euro Arab Insurance Group 36,127 1.05 1.10- 23

19 Holy Land Insurance 11,661 0.26 0.17 22 19 Philadelphia Insurance 26,120 0.76 1.09 18

20 Al Manara Insurance 9,600 0.22 0.92 19 20 Arab Union International Ins. 1,389- 0.04- 0.89- 21

21 Philadelphia Insurance 4,552 0.10 0.20 21 21 Al SAFWA INSURANCE 12,650- 0.37- 1.06 19

22 Al SAFWA INSURANCE 759- 0.02- 0.08 23 22 Al Manara Insurance 37,641- 1.09- 1.85 17

23 Arab Union International Ins. 1,713- 0.04- 1.27 18 23 Jordan International Ins. (Newton) 218,763- 6.33- 2.78 14

24 MetLife 24 MetLife

4,458,927 100 100 3,457,104 100 100

*

34

Companies


2017 2016

Share%


NO. CompaniesRankingShare% Share% Ranking Share%

2017 2016

NO.

The company licensed only in medical ,life assurance and personal cccident.

Total Total

Table (18)


Profit(Loss) Profit(Loss)

2017

1 MetLife 1,078,877 27.09 15.71 2 1 Arab Orient Insurance (gig) 1,509,329

2 Arab Orient Insurance (gig) 1,034,466 25.97 25.84 1 2 Arab Union International Ins. 944,093

3 Jordan French Insurance 221,566 5.56 4.57 6 3 Arab Assurers 903,239

4 Al-Nisr Al-Arabi Insurance 194,235 4.88 7.28 3 4 Jordan French Insurance 740,204

5 SOLIDARITY-First Insurance 178,478 4.48 2.68 12 5 United Insurance 696,056

6 Islamic Insurance 149,752 3.76 3.87 10 6 Arab Jordanian Ins. Group 586,157

7 United Insurance 117,502 2.95 3.94 9 7 Euro Arab Insurance Group 235,489

8 Euro Arab Insurance Group 113,164 2.84 4.47 8 8 Middle East Insurance 199,186

9 Al Manara Insurance 110,439 2.77 0.39 22 9 Arabia Insurance-Jordan 167,558

10 Middle East Insurance 104,544 2.62 6.22 4 10 National Insurance 142,145

11 Arab Jordanian Ins. Group 92,824 2.33 1.14 19 11 Philadelphia Insurance 18,978

12 Arab Assurers 87,127 2.19 4.89 5 12 Jordan International Ins. (Newton) 4,929

13 Arab Union International Ins. 79,619 2.00 1.25 17 13 MetLife 0

14 Delta Insurance 78,800 1.98 3.55 11 14 Al-Nisr Al-Arabi Insurance 17,040-

15 MEDGULF Insurance 73,218 1.84 1.36 15 15 MEDGULF Insurance 250,298-

16 Jordan Insurance 67,268 1.69 2.53 13 16 SOLIDARITY-First Insurance 355,436-

17 Arabia Insurance-Jordan 64,035 1.61 4.47 7 17 Al Manara Insurance 363,478-

18 Jerusalem Insurance 57,412 1.44 1.69 14 18 Holy Land Insurance 439,744-

19 Holy Land Insurance 48,686 1.22 0.32- 24 19 Jerusalem Insurance 472,934-

20 Arab Life & Accidents Ins. 31,498 0.79 1.35 16 20 Jordan Insurance 556,804-

21 Al SAFWA INSURANCE 16,021 0.40 0.93 20 21 Arab Life & Accidents Ins. 796,896-

22 Philadelphia Insurance 10,050 0.25 0.14 23 22 Delta Insurance 890,302-

23 National Insurance 3,900- 0.10- 1.14 18 23 Al SAFWA INSURANCE 1,032,012-

24 Jordan International Ins. (Newton) 22,659- 0.57- 0.90 21 24 Islamic Insurance 1,498,769-

3,983,022 100 100 526,350-

*

35

CompaniesNO.

General Accident

2016

Table (18)


NO. Companies

Motor(Compulsory(Third Party Liability Insurance)

&Comprehensive(Own Damages))

Share%

Tbl. 3-6

2017

Total

Profit(Loss)

The Company Under No. (24) dosen`t practice Motor Insurance.

Total

RankingProfit (Loss) Share%

Tbl. 4-6

1 MetLife 2,346,414 31.19 16.79 3 1 Al-Nisr Al-Arabi Insurance 630,754 3.92-

2 Islamic Insurance 2,003,292 26.63 25.05 1 2 Arab Jordanian Ins. Group 458,723 2.85-

3 Jordan Insurance 1,242,002 16.51 16.33 4 3 Jerusalem Insurance 319,745 1.99-

4 Al-Nisr Al-Arabi Insurance 1,094,551 14.55 19.52 2 4 Jordan Insurance 293,333 1.82-

5 Middle East Insurance 526,177 6.99 5.08 5 5 Middle East Insurance 260,968 1.62-

6 Jordan French Insurance 191,557 2.55 3.75 7 6 Arabia Insurance-Jordan 192,370 1.20-

7 Arab Jordanian Ins. Group 83,500 1.11 2.63 9 7 Jordan French Insurance 145,572 0.90-

8 SOLIDARITY-First Insurance 71,603 0.95 0.23- 15 8 Philadelphia Insurance 138,483 0.86-

9 United Insurance 67,630 0.90 3.00 8 9 Delta Insurance 78,909 0.49-

10 National Insurance 58,747 0.78 0.99 13 10 MetLife 62,620 0.39-

11 Euro Arab Insurance Group 56,527 0.75 4.77 6 11 Arab Life & Accidents Ins. 27,819 0.17-

12 Arab Life & Accidents Ins. 20,000 0.27 1.50 10 12 Al SAFWA INSURANCE 2,533 0.02-

13 Arab Assurers 19,712 0.26 0.41- 16 13 Arab Assurers 25,636- 0.16

14 Delta Insurance 8,874- 0.12- 1.19 12 14 Euro Arab Insurance Group 30,781- 0.19

15 Jerusalem Insurance 56,804- 0.76- 1.24 11 15 Arab Union International Ins. 59,486- 0.37

16 Jordan International Ins. (Newton) 84,276- 1.12- 1.30- 17 16 United Insurance 156,278- 0.97

17 Arabia Insurance-Jordan 108,560- 1.44- 0.12 14 17 National Insurance 174,920- 1.09

18 Al Manara Insurance 18 Al Manara Insurance 217,410- 1.35

19 Arab Union International Ins. 19 SOLIDARITY-First Insurance 218,914- 1.36

20 Al SAFWA INSURANCE 20 Jordan International Ins. (Newton) 387,913- 2.41

21 Holy Land Insurance 21 Islamic Insurance 993,924- 6.18

22 Philadelphia Insurance 22 MEDGULF Insurance 1,223,363- 7.60

23 Arab Orient Insurance (gig) 23 Arab Orient Insurance (gig) 15,215,678- 94.55

24 MEDGULF Insurance 24 Holy Land Insurance 0.00

7,523,198 100 100 16,092,474- 100

* *

36

Table (18)


CompaniesNO.

2017

Profit (Loss)NO. Companies

Share%

2017

Medical

Total Total

Share%

2016

The company classified under No. 24 doesn’t practice Medical Insurance.

Ranking

The companies classified from 18-24 don´t practice Life Insurance.

Share%

Life

Profit (Loss)

Tbl. 5-6

Profit (Loss) Net Profit

befor tax (Loss)

1 MetLife 4,982,345 196.71 10.43 2 1 MetLife 3,921,516 115.58 9.34 2

2 Islamic Insurance 3,014,174 119.01 8.54 4 2 SOLIDARITY-First Insurance 2,514,416 74.11 8.00 5

3 Al-Nisr Al-Arabi Insurance 2,582,549 101.96 8.59 3 3 Islamic Insurance 2,372,076 69.91 8.51 4

4 SOLIDARITY-First Insurance 2,532,797 100.00 6.18 7 4 Al-Nisr Al-Arabi Insurance 2,001,314 58.99 9.30 3

5 Jordan French Insurance 1,766,219 69.73 5.72 8 5 Arab Assurers 1,319,982 38.90 1.94 17

6 National Insurance 1,496,794 59.10 5.12 9 6 Jordan French Insurance 1,316,541 38.80 5.88 6

7 United Insurance 1,281,444 50.59 6.46 6 7 National Insurance 1,216,504 35.85 5.02 8

8 Middle East Insurance 1,142,825 45.12 16.75 1 8 Middle East Insurance 1,162,567 34.27 16.86 1

9 Jerusalem Insurance 1,043,617 41.20 1.72 18 9 United Insurance 1,149,697 33.89 5.76 7

10 Arab Assurers 1,039,033 41.02 1.50 20 10 Jerusalem Insurance 800,606 23.60 1.70 20

11 Euro Arab Insurance Group 815,322 32.19 2.75 13 11 Euro Arab Insurance Group 625,234 18.43 2.72 13

12 Arab Jordanian Ins. Group 626,993 24.75 2.38 16 12 Arab Jordanian Ins. Group 590,891 17.42 2.58 14

13 Arabia Insurance-Jordan 555,155 21.92 2.22 17 13 Arabia Insurance-Jordan 450,864 13.29 2.28 16

14 Arab Union International Ins. 507,364 20.03 1.82- 24 14 Arab Union International Ins. 407,254 12.00 1.45- 23

15 Philadelphia Insurance 158,936 6.28 0.96 21 15 Philadelphia Insurance 105,720 3.12 0.96 21

16 Holy Land Insurance 169,693- 6.70- 3.05 11 16 Holy Land Insurance 169,693- 5.00- 3.94 11

17 Delta Insurance 317,511- 12.54- 2.45 15 17 Delta Insurance 299,691- 8.83- 2.56 15

18 Jordan Insurance 504,293- 19.91- 6.78 5 18 Jordan Insurance 499,723- 14.73- 4.37 10

19 Jordan International Ins. (Newton) 630,483- 24.89- 2.85 12 19 Jordan International Ins. (Newton) 551,284- 16.25- 3.73 12

20 Al Manara Insurance 938,587- 37.06- 0.63 22 20 Al SAFWA INSURANCE 642,237- 18.93- 2.05- 24

21 MEDGULF Insurance 955,603- 37.73- 1.70 19 21 MEDGULF Insurance 980,125- 28.89- 1.82 18

22 Arab Life & Accidents Ins. 1,167,139- 46.08- 2.51 14 22 Al Manara Insurance 989,770- 29.172- 0.002 22

23 Al SAFWA INSURANCE 1,455,401- 57.46- 1.58- 23 23 Arab Life & Accidents Ins. 1,346,812- 39.70- 1.80 19

24 Arab Orient Insurance (gig) 14,478,875- 571.66- 4.11 10 24 Arab Orient Insurance (gig) 11,082,984- 326.66- 4.43 9

2,532,797 116 100 3,392,863 100 100

Share% Ranking

Table (18)


Profit (Loss) befor tax Net Profit (Loss)

2017 2016

Share%NO.

Share% Ranking

Total Total

CompaniesNO.

37

Share%Companies

2017 2016

Tbl. 6-6

1 Arab Orient Insurance (gig) 166,887 19.55 1 MetLife 1,078,877 34.48

2 Euro Arab Insurance Group 92,837 10.87 2 Arab Orient Insurance (gig) 867,579 27.73

3 Al-Nisr Al-Arabi Insurance 66,678 7.81 3 Jordan French Insurance 188,250 6.02

4 United Insurance 66,144 7.75 4 Islamic Insurance 149,752 4.79

5 MEDGULF Insurance 62,761 7.35 5 SOLIDARITY-First Insurance 144,499 4.62

6 Middle East Insurance 55,486 6.50 6 Al-Nisr Al-Arabi Insurance 127,557 4.08

7 Holy Land Insurance 48,686 5.70 7 Arab Jordanian Ins. Group 92,824 2.97

8 Delta Insurance 47,920 5.61 8 Arab Union International Ins. 79,619 2.54

9 Al Manara Insurance 47,252 5.53 9 Arabia Insurance-Jordan 64,035 2.05

10 Jerusalem Insurance 46,401 5.43 10 Al Manara Insurance 63,187 2.02

11 Arab Assurers 39,457 4.62 11 United Insurance 51,358 1.64

12 SOLIDARITY-First Insurance 33,979 3.98 12 Middle East Insurance 49,058 1.57

13 Jordan French Insurance 33,316 3.90 13 Arab Assurers 47,670 1.52

14 Jordan Insurance 27,421 3.21 14 Jordan Insurance 39,847 1.27

15 Arab Life & Accidents Ins. 22,915 2.68 15 Delta Insurance 30,880 0.99

16 Philadelphia Insurance 1,466 0.17 16 Euro Arab Insurance Group 20,327 0.65

17 Jordan International Ins. (Newton) 1,850- 0.22- 17 Al SAFWA INSURANCE 16,021 0.51

18 National Insurance 3,900- 0.46- 18 Jerusalem Insurance 11,011 0.35

19 Arabia Insurance-Jordan 19 MEDGULF Insurance 10,457 0.33

20 Arab Union International Ins. 20 Arab Life & Accidents Ins. 8,584 0.27

21 Al SAFWA INSURANCE 21 Philadelphia Insurance 8,583 0.27

22 MetLife 22 Jordan International Ins. (Newton) 20,809- 0.67-

23 Islamic Insurance 23 National Insurance 0.00

24 Arab Jordanian Ins. Group 24 Holy Land Insurance 0.00

853,856 100 3,129,166 100

38

2017

Share% Share%NO. Companies2017

NO. Companies


Table (18)

Other BranchesLiability

Total Total

Profit (Loss) Profit (Loss)

31/12/2017 31/12/2016 31/12/2017 31/12/2016 31/12/2017 31/12/2016 31/12/2017 31/12/2016 31/12/2017 31/12/2016 31/12/2017 31/12/2016

1 Jordan Insurance 91,449,323 79,624,629 46,539,650 45,365,743 30,000,000 30,000,000 35,751,342 34,635,275 2,544,004 4,843,727 200% 216%

2 Metlife 89,682,537 79,193,251 53,860,436 56,793,926 4,000,000 4,000,000 13,724,336 13,961,457 3,921,516 2,540,713 182% 181%

3 Middle East Insurance 88,027,288 87,383,200 66,729,464 65,856,216 21,000,000 21,000,000 41,590,039 42,183,873 10,872,644 11,894,576 288% 334%

4 National Insurance 26,758,802 25,039,795 17,334,121 15,756,000 8,000,000 8,000,000 10,307,322 10,299,641 1,394,798 1,412,364 193% 212%

5 United Insurance 38,005,151 37,766,496 20,367,287 20,397,968 8,000,000 8,000,000 13,902,901 13,673,330 3,660,739 3,051,731 180% 176%

6 AL Manara Insurance 15,432,410 16,127,660 9,081,060 10,402,241 5,000,000 7,000,000 4,017,496 5,017,831 989,770- 827,441- 123% 151%

7 Arabia Insurance-Jordan 28,854,133 28,103,451 15,823,565 15,836,280 8,000,000 8,000,000 10,525,259 10,757,516 1,249,575 1,454,227 176% 188%

8 Jerusalem Insurance 36,111,485 34,675,010 25,632,808 26,918,285 8,000,000 8,000,000 13,604,858 13,444,304 1,846,669 1,686,115 242% 238%

9 AL-Nisr Al-Arabi Insurance 83,501,781 72,914,041 66,395,865 56,571,990 10,000,000 10,000,000 20,932,785 20,757,069 2,797,345 3,015,836 294% 286%

10 Jordan French Insurance 31,164,850 29,288,102 11,715,933 10,572,419 9,100,000 9,100,000 9,797,126 8,319,969 49,417 1,090,502- 171% 154%

11 Delta Insurance 24,261,525 25,412,318 16,605,527 16,697,944 8,000,000 8,000,000 9,486,384 10,620,095 228,779 1,108,062 229% 248%

12 Al SAFWA INSURANCE 8,411,580 9,670,782 2,651,570 4,091,217 4,000,000 4,000,000 1,155,119 1,830,801 2,209,271- 2,209,271- 26% 42%

13 Holy Land Insurance 9,419,538 8,665,513 3,822,556 2,857,962 5,000,000 10,000,000 2,208,387 2,378,080 1,347,649- 6,177,956- 65% 74%

14 Philadelphia Insurance 11,011,286 9,599,224 7,583,600 7,155,495 4,000,000 4,000,000 4,544,509 4,411,465 239,245- 329,072- 272% 339%

15 Arab Life & Accidents Ins. 21,435,925 22,242,292 8,070,636 9,903,026 8,000,000 8,000,000 7,688,649 9,165,755 1,145,466- 202,053 80.0% 136.0%

16 Arab Union International Ins. 16,339,285 16,866,256 9,062,845 8,362,125 6,000,000 4,000,000 5,936,684 3,529,430 1,367,646- 1,734,175- 152% 78%

17 Arab Assurers 15,554,696 14,337,367 7,797,306 7,348,332 9,215,909 9,215,909 5,744,824 4,462,625 474,768 741,311- 151% 132%

18 Euro Arab Insurance Group 30,594,829 27,755,056 19,057,897 18,452,439 8,000,000 8,000,000 10,501,931 10,476,697 1,236,880 1,296,078 199% 201%

19 Islamic Insurance 39,989,660 37,817,839 32,970,216 30,517,149 15,000,000 12,000,000 20,684,942 18,478,993 3,328,061 4,590,539 302% 292%

20 Jordan International Ins. (Newton) 38,023,851 39,174,238 23,414,676 22,727,801 18,150,000 18,150,000 23,028,950 24,751,820 420,232 2,065,256 313% 344%

21 Arab Jordanian Ins. Group 20,200,380 19,667,045 8,582,629 7,872,574 9,500,000 9,500,000 6,576,771 5,985,880 166,681- 694,873- 146% 126%

22 Arab Orient Insurance | gig 105,999,076 110,513,441 52,561,004 42,342,151 21,438,252 21,438,252 22,727,786 33,810,770 3,393,517- 7,689,467 152% 151%

23 MEDGULF Insurance 25,996,837 26,989,009 9,606,881 9,931,994 10,000,000 10,000,000 6,192,386 7,199,885 3,519,327- 2,539,202- 108% 134%

24 SOLIDARITY-First Insurance 56,827,813 56,945,734 30,389,113 30,377,832 28,000,000 28,000,000 32,383,893 31,405,621 2,854,117 1,568,048 329% 311%

Total 953,054,041 915,771,749 565,656,645 543,109,109 265,404,161 267,404,161 333,014,679 341,558,182 22,500,972 32,074,989

Table (19)

Solvency MarginShareholders' EquityInvestments Paid Up CapitalNO.

39

Insurance Companies Total Assets / Investments / Paid-up Capital / Shareholder`s Equity / Reained Earnings (Accumulated Profit & (Loss))

and Solvency Margin in J.D for the years 2017-2016

CompaniesTotal Assets

Retained Earnings

(Accumulated) Profit &

(Loss)

Total Paid Up

Assets Capital

1 Arab Orient Insurance (gig) 105,999,076 1 Middle East Insurance 66,729,464 1 Jordan Insurance 30,000,000

2 Jordan Insurance 91,449,323 2 Al-Nisr Al-Arabi Insurance 66,395,865 2 SOLIDARITY-First Insurance 28,000,000

3 MetLife 89,682,537 3 MetLife 53,860,436 3 Arab Orient Insurance (gig) 21,438,252

4 Middle East Insurance 88,027,288 4 Arab Orient Insurance (gig) 52,561,004 4 Middle East Insurance 21,000,000

5 Al-Nisr Al-Arabi Insurance 83,501,781 5 Jordan Insurance 46,539,650 5 Jordan International Ins. (Newton) 18,150,000

6 SOLIDARITY-First Insurance 56,827,813 6 Islamic Insurance 32,970,216 6 Islamic Insurance 15,000,000

7 Islamic Insurance 39,989,660 7 SOLIDARITY-First Insurance 30,389,113 7 Al-Nisr Al-Arabi Insurance 10,000,000

8 Jordan International Ins. (Newton) 38,023,851 8 Jerusalem Insurance 25,632,808 8 MEDGULF Insurance 10,000,000

9 United Insurance 38,005,151 9 Jordan International Ins. (Newton) 23,414,676 9 Arab Jordanian Ins. Group 9,500,000

10 Jerusalem Insurance 36,111,485 10 United Insurance 20,367,287 10 Arab Assurers 9,215,909

11 Jordan French Insurance 31,164,850 11 Euro Arab Insurance Group 19,057,897 11 Jordan French Insurance 9,100,000

12 Euro Arab Insurance Group 30,594,829 12 National Insurance 17,334,121 12 National Insurance 8,000,000

13 Arabia Insurance-Jordan 28,854,133 13 Delta Insurance 16,605,527 13 United Insurance 8,000,000

14 National Insurance 26,758,802 14 Arabia Insurance-Jordan 15,823,565 14 Arabia Insurance-Jordan 8,000,000

15 MEDGULF Insurance 25,996,837 15 Jordan French Insurance 11,715,933 15 Jerusalem Insurance 8,000,000

16 Delta Insurance 24,261,525 16 MEDGULF Insurance 9,606,881 16 Arab Life & Accidents Ins. 8,000,000

17 Arab Life & Accidents Ins. 21,435,925 17 Al Manara Insurance 9,081,060 17 Euro Arab Insurance Group 8,000,000

18 Arab Jordanian Ins. Group 20,200,380 18 Arab Union International Ins. 9,062,845 18 Delta Insurance 8,000,000

19 Arab Union International Ins. 16,339,285 19 Arab Jordanian Ins. Group 8,582,629 19 Arab Union International Ins. 6,000,000

20 Arab Assurers 15,554,696 20 Arab Life & Accidents Ins. 8,070,636 20 Al Manara Insurance 5,000,000

21 Al Manara Insurance 15,432,410 21 Arab Assurers 7,797,306 21 Holy Land Insurance 5,000,000

22 Philadelphia Insurance 11,011,286 22 Philadelphia Insurance 7,583,600 22 Al SAFWA INSURANCE 4,000,000

23 Holy Land Insurance 9,419,538 23 Holy Land Insurance 3,822,556 23 Philadelphia Insurance 4,000,000

24 Al SAFWA INSURANCE 8,411,580 24 Al SAFWA INSURANCE 2,651,570 24 MetLife 4,000,000

953,054,041 565,656,645 265,404,161

40

Total

Total Assets

Companies

Total Total

NO. Companies

Table (20)

Classification of the Insurance Companies According to

NO. CompaniesNO.Investments

Investments Paid Up Capital

Total Assets , Investments, Paid Up Capital for the year 2017 (JD) for (24) Insurance Companies in J.D

1 Middle East Insurance 41,590,039 1 Middle East Insurance 10,872,644 1 Jordan Insurance 7,500,000 1 Middle East Insurance 2,000,000

2 Jordan Insurance 35,751,342 2 MetLife 3,921,516 2 Middle East Insurance 5,250,000 2 Jerusalem Insurance 1,668,538

3 SOLIDARITY-First Insurance 32,383,893 3 United Insurance 3,660,739 3 Arab Orient Insurance (gig) 4,683,051 3 Al-Nisr Al-Arabi Insurance 1,326,652

4 Jordan International Ins. (Newton) 23,028,950 4 Islamic Insurance 3,328,061 4 SOLIDARITY-First Insurance 2,743,182 4 Islamic Insurance 736,674

5 Arab Orient Insurance (gig) 22,727,786 5 SOLIDARITY-First Insurance 2,854,117 5 Jordan International Ins. (Newton) 2,692,344 5 National Insurance 311,000

6 Al-Nisr Al-Arabi Insurance 20,932,785 6 Al-Nisr Al-Arabi Insurance 2,797,345 6 Islamic Insurance 2,626,032 6 Arab Assurers 194,619

7 Islamic Insurance 20,684,942 7 Jordan Insurance 2,544,004 7 Al-Nisr Al-Arabi Insurance 2,584,775 7 Arabia Insurance-Jordan 174,717

8 United Insurance 13,902,901 8 Jerusalem Insurance 1,846,669 8 Jerusalem Insurance 2,089,651 8 Holy Land Insurance 22,561

9 MetLife 13,724,336 9 National Insurance 1,394,798 9 United Insurance 2,000,000 9 Al Manara Insurance 17,684

10 Jerusalem Insurance 13,604,858 10 Arabia Insurance-Jordan 1,249,575 10 Arab Life & Accidents Ins. 1,750,945 10 Delta Insurance 15,948

11 Arabia Insurance-Jordan 10,525,259 11 Euro Arab Insurance Group 1,236,880 11 Jordan French Insurance 1,746,260 11 Euro Arab Insurance Group 15,676

12 Euro Arab Insurance Group 10,501,931 12 Arab Assurers 474,768 12 Delta Insurance 1,569,090 12 Arab Jordanian Ins. Group 12,803

13 National Insurance 10,307,322 13 Jordan International Ins. (Newton) 420,232 13 National Insurance 1,305,481 13 United Insurance

14 Jordan French Insurance 9,797,126 14 Delta Insurance 228,779 14 Arab Union International Ins. 1,304,330 14 Arab Union International Ins.

15 Delta Insurance 9,486,384 15 Jordan French Insurance 49,417 15 Euro Arab Insurance Group 1,249,375 15 Al SAFWA INSURANCE

16 Arab Life & Accidents Ins. 7,688,649 16 Arab Jordanian Ins. Group 166,681- 16 Arabia Insurance-Jordan 1,214,815 16 Jordan Insurance

17 Arab Jordanian Ins. Group 6,576,771 17 Philadelphia Insurance 239,245- 17 Arab Jordanian Ins. Group 991,414 17 Philadelphia Insurance

18 MEDGULF Insurance 6,192,386 18 Al Manara Insurance 989,770- 18 Arab Assurers 899,789 18 Jordan French Insurance

19 Arab Union International Ins. 5,936,684 19 Arab Life & Accidents Ins. 1,145,466- 19 Philadelphia Insurance 784,108 19 Arab Orient Insurance (gig)

20 Arab Assurers 5,744,824 20 Holy Land Insurance 1,347,649- 20 Holy Land Insurance 745,254 20 Arab Life & Accidents Ins.

21 Philadelphia Insurance 4,544,509 21 Arab Union International Ins. 1,367,646- 21 Al Manara Insurance 530,874 21 Jordan International Ins. (Newton)

22 Al Manara Insurance 4,017,496 22 Al SAFWA INSURANCE 2,209,271- 22 Al SAFWA INSURANCE 321,037 22 SOLIDARITY-First Insurance

23 Holy Land Insurance 2,208,387 23 Arab Orient Insurance (gig) 3,393,517- 23 MEDGULF Insurance 169,213 23 MEDGULF Insurance

24 Al SAFWA INSURANCE 1,155,119 24 MEDGULF Insurance 3,519,327- 24 MetLife 24 MetLife

333,014,679 22,500,972 46,751,020 6,496,872

41

Classification of the Insurance Companies According to

Shareholders

EquityNO. Companies

Table (21)

Statutory

ReserveNO.

Total

NO. Companies NO. Companies

Retained

Earnings

Accumulated

Profit & Loss

Shareholders Equity,Retained Earnings (Accumulated Profit & Loss),Statutory Reserve,Voluntary Reserve for the year 2017 (JD)

CompaniesVoluntary

Reserve

Total Total Total

31/12/2017 31/12/2016 31/12/2017 31/12/2016

1 Jordan Insurance 1,197,650 1,309,244 2,047,851 1,012,764

2 Metlife 988,044 1,065,936 1,395,811 1,222,542

3 Middle East Insurance 5,661,093 5,821,239 1,071,575 692,323

4 National Insurance 656,428 645,629 1,136,547 1,168,007

5 United Insurance 5,578,769 5,823,388 689,084 619,791

6 AL Manara Insurance 2,001,384 2,060,128 312,904 296,246

7 Arabia Insurance-Jordan 2,619,736 2,736,419 865,395 677,690

8 Jerusalem Insurance 824,761 812,618 594,057 381,722

9 AL-Nisr Al-Arabi Insurance 3,361,350 3,563,569 1,286,517 1,273,226

10 Jordan French Insurance 1,808,680 1,807,044 596,965 826,436

11 Delta Insurance 3,060,579 3,122,416 355,220 359,740

12 Al SAFWA INSURANCE 112,214 139,207 208,294 1,054,444

13 Holy Land Insurance 2,081,933 1,918,805 205,875 202,937

14 Philadelphia Insurance 257,150 263,234 198,108 188,777

15 Arab Life & Accidents Ins. 933,678 1,033,872 527,924 387,234

16 Arab Union International Ins. 1,945,673 2,046,790 26,631 150,912

17 Arab Assurers 1,644,137 1,612,450 237,765 277,706

18 Euro Arab Insurance Group 833,825 827,666 520,497 561,489

19 Islamic Insurance 3,241,613 3,341,410 529,751 570,761

20 Jordan International Ins. (Newton) 2,385,572 2,471,143 533,016 709,587

21 Arab Jordanian Ins. Group 4,670,541 4,682,984 742,874 938,242

22 Arab Orient Insurance gig 5,071,019 5,102,732 1,317,926 1,118,674

23 MEDGULF Insurance 187,190 7,768,410 259,993 279,073

24 SOLIDARITY-First Insurance 5,113,305 4,669,642 571,816 296,755

56,236,324 64,645,975 16,232,396 15,267,078

42

Table (22)

Total

Fixed Assets

Fixed & Other Assets for Insurance Companies As in 31/12/2017 & 31/12/2016 (JD)

NO. CompaniesOther Assets

31/12/2017 31/12/2016 31/12/2017 31/12/2016

1 Jordan Insurance 7,500,000 7,500,000

2 Metlife

3 Middle East Insurance 5,250,000 5,250,000 2,000,000 2,000,000

4 National Insurance 1,305,481 1,155,802 311,000 11,000

5 United Insurance 2,000,000 2,000,000 164,472

6 AL Manara Insurance 530,874 530,874 17,684 17,684

7 Arabia Insurance-Jordan 1,214,815 1,159,299 174,717 174,717

8 Jerusalem Insurance 2,089,651 2,089,651 1,668,538 1,668,538

9 AL-Nisr Al-Arabi Insurance 2,584,775 2,565,868 1,326,652 1,326,652

10 Jordan French Insurance 1,746,260 1,569,638

11 Delta Insurance 1,569,090 1,569,090 15,948 15,948

12 Al SAFWA INSURANCE 321,037 321,037

13 Holy Land Insurance 745,254 745,254 22,561 22,561

14 Philadelphia Insurance 784,108 768,215

15 Arab Life & Accidents Ins. 1,750,945 1,750,945

16 Arab Union International Ins. 1,304,330 1,263,605

17 Arab Assurers 899,789 795,886 194,619 194,619

18 Euro Arab Insurance Group 2,626,032 2,361,308 736,674 736,674

19 Islamic Insurance 1,249,375 1,164,943 15,676 15,676

20 Jordan International Ins. (Newton) 2,692,344 2,684,654

21 Arab Jordanian Ins. Group 991,414 928,715 12,803 12,803

22 Arab Orient Insurance gig 4,683,051 4,683,051

23 MEDGULF Insurance 169,213 169,213

24 SOLIDARITY-First Insurance 2,743,182 2,501,096

46,751,020 45,528,144 6,496,872 6,361,344

43

Table (23)

Total

Statutory Reserves Voluntary Reserves

Reserves for (24) Insurance Companies As in 31/12/2017 & 31/12/2016 (JD)

NO. Companies

Total

ShareholdersTotal

EquityCapital Base

35,751,34235,751,3424,292,662-2,544,0047,500,00030,000,000Jordan Insurance1

41,590,03941,590,0392,467,39510,872,6442,000,0005,250,00021,000,000Middle East Insurance2

10,307,32210,307,322703,957-1,394,798311,0001,305,4818,000,000National Insurance3

13,902,90113,902,901200,65541,5073,660,7392,000,0008,000,000United Insurance4

4,017,4964,017,496541,292-989,770-17,684530,8745,000,000Al Manara Insurance5

10,525,25910,525,259113,848-1,249,575174,7171,214,8158,000,000Arabia Insurance-Jordan6

13,604,85813,604,8581,846,6691,668,5382,089,6518,000,000Jerusalem Insurance7

20,932,78520,932,785474,0133,750,0002,797,3451,326,6522,584,77510,000,000Al-Nisr Al-Arabi Insurance8

9,797,1269,797,1261,098,551-49,4171,746,2609,100,000Jordan French Insurance9

5,936,6845,936,6841,367,646-1,304,3306,000,000Arab Union International Ins.10

9,486,3849,486,384327,433-228,77915,9481,569,0908,000,000Delta Insurance11

1,155,1191,797,356314,410-2,209,271-321,0374,000,000 Al SAFWA INSURANCE12

2,208,3872,208,387150,000-2,061,779-1,347,649-22,561745,2545,000,000 Holy Land Insurance13

7,688,6497,688,649916,830-1,145,466-1,750,9458,000,000Arab Life & Accidents Ins.14

4,544,5094,544,509354-239,245-784,1084,000,000 Philadelphia Insurance15

23,028,95022,686,9131,422,112420,2322,2252,692,34418,150,000 MetLife16

20,684,94220,684,9421,005,825-3,328,061736,6742,626,03215,000,000Jordan International Ins. (Newton)17

5,744,8245,744,8241,709,625-3,330,636-474,768194,619899,7899,215,909Euro Arab Insurance Group18

6,576,7716,576,7713,760,765-166,681-12,803991,4149,500,000Islamic Insurance19

22,727,78622,727,7863,393,517-4,683,05121,438,252Arab Assurers20

10,501,93110,501,9311,236,88015,6761,249,3758,000,000Arab Jordanian Ins. Group21

13,724,3367,921,5163,921,5164,000,000Arab Orient Insurance gig22

6,192,3866,192,386457,500-3,519,327-169,21310,000,000MEDGULF Insurance23

32,383,89332,383,8931,213,406-2,854,1172,743,18228,000,000SOLIDARITY-First Insurance24

333,014,679327,512,05908,281,518-5,361,673-22,500,9722,2256,496,87246,751,020265,404,161

*

44

Retained

Earnings

Accumulated

& ProfitLoss

Insurance Companies Balance Sheet Indicators For (24) Insurance Companies *

as in 31/12/2017 (JD)

Paid Up

Capital

Statutory

Reserve

Voluntary

Reserve

The figures above represent the operations of 24 insurance companies.

Total

NO. Companies

Premiums

(Discount)

on Paid Up

Capital

Change in Fair

Value for

Property

Investments

Accumulated

Change in

Evaluating

Financial Assets

Availabel for Sale

Other

Capital

Reserves

Table (24)

Total

ShareholdersTotal

EquityCapital Base

34,635,27534,635,2757,708,452-4,843,7277,500,00030,000,000Jordan Insurance1

42,183,87342,183,8732,039,29711,894,5762,000,0005,250,00021,000,000Middle East Insurance2

10,299,64110,299,641279,525-1,412,36411,0001,155,8028,000,000National Insurance3

13,673,33013,673,330415,61941,5083,051,731164,4722,000,0008,000,000United Insurance4

5,017,8316,190,390530,727-827,441-17,684530,8747,000,000Al Manara Insurance5

10,757,51610,757,51630,727-1,454,227174,7171,159,2998,000,000Arabia Insurance-Jordan6

13,444,30413,543,01798,7131,686,1151,668,5382,089,6518,000,000Jerusalem Insurance7

20,757,06919,399,1891,259,167-3,750,0003,015,8361,326,6522,565,86810,000,000Al-Nisr Al-Arabi Insurance8

8,319,9699,579,1361,090,502-1,569,6389,100,000Jordan French Insurance9

3,529,4303,529,4301,734,175-1,263,6054,000,000Arab Union International Ins.10

10,620,09510,620,09573,005-1,108,06215,9481,569,0908,000,000Delta Insurance11

1,830,8011,830,801280,965-2,209,271-321,0374,000,000 Al SAFWA INSURANCE12

2,378,0802,378,080150,000-2,061,779-6,177,956-22,561745,25410,000,000 Holy Land Insurance13

9,165,7559,165,755787,243-202,0531,750,9458,000,000Arab Life & Accidents Ins.14

4,411,4654,411,46527,678-329,072-768,2154,000,000Philadelphia Insurance 15

24,751,82024,413,2071,511,0722,065,2562,2252,684,65418,150,000MetLife 16

18,478,99318,478,9931,209,528-4,590,539736,6742,361,30812,000,000Jordan International Ins. (Newton)17

4,462,6254,462,6251,671,842-3,330,636-741,311-194,619795,8869,215,909Euro Arab Insurance Group18

5,985,8805,985,8803,760,765-694,873-12,803928,7159,500,000Islamic Insurance19

33,810,77033,810,7707,689,4674,683,05121,438,252Arab Assurers20

10,476,69710,476,6971,296,07815,6761,164,9438,000,000Arab Jordanian Ins. Group21

13,961,4576,540,7132,540,7134,000,000Arab Orient Insurance gig22

7,199,8857,199,885430,126-2,539,202-169,21310,000,000MEDGULF Insurance23

31,405,62131,405,621663,523-1,568,0482,501,09628,000,000SOLIDARITY-First Insurance24

341,558,182334,971,384011,037,807-5,361,672-32,074,9892,2256,361,34445,528,144267,404,161

45

Other Capital

Reserves

Total

Premiums

(Discount)

on Paid Up

Capital

Change in Fair

Value for Property

Investments

Accumulated

Change in

Evaluating

Financial Assets

Availabel for Sale

NO. Companies

Table (25)

Retained

Earnings

Accumulated

Profit & Loss

Insurance Companies Balance Sheet Indicators For (24) Insurance Companies*

as in 31/12/2016 (JD)

Paid Up CapitalStatutory

Reserve

Voluntary

Reserve

Tbl. 1-2

201620172016201720162017201620172016201720162017201620172016201720162017

1,005,370499,840728,839465,00514,2545,32776,72068,507932,6271,049,455124,215158,569124,215158,569Jordan Insurance1

572,262623,491821,434832,47716,89914,73291,84794,300994,1991,167,739561,872570,07712,25913,959549,613556,118Middle East Insurance2

170,487175,704483,207497,99322,00415,710174,661199,39573,36386,24273,36386,242National Insurance3

156,674166,070626,920618,4584,4033,2946,8999,771124,115161,76568,04966,4065,13230062,91766,106United Insurance4

187,285209,163872,894780,43018,21610,98972,98953,019177,858172,56822,73324,1531,23921,49424,153Al Manara Insurance5

252,802316,759748,146682,31525,15919,14541,21745,673164,267174,40876,90958,67776,90958,677Arabia Insurance-Jordan6

507,999619,0031,055,268996,73013,3502,52431,99836,515200,447320,624194,963202,372194,963202,372Jerusalem Insurance7

12,13414,75731,60832,04291,82093,376352,184360,31754,34647,85754,34647,857Al-Nisr Al-Arabi Insurance8

527,386538,0721,142,7191,028,17580,534102,78830,21336,75611,04011,210284,318293,544242,398207,493107,30770,577135,091136,916Jordan French Insurance9

211,49854,972796,8761,034,2051,1988,64941,92034,93037,27142,89637,27142,896Arab Union International Ins.10

148,257173,200774,674800,32710,48311,70610,5339,60126,52623,466219,243242,36845,37049,87845,37049,878Delta Insurance11

425,721410,814628,540706,69711,20310,76530,81025,7705,1464,5255,1464,525 Al SAFWA INSURANCE12

154,086121,6481,163,8161,309,5068,9886,51262,01945,6051,4191,1191,4191,119 Holy Land Insurance13

563,082690,4521,277,4081,389,04117,52026,12110,7596,108251,879242,270103,925102,350103,925102,350Arab Life & Accidents Ins.14

81,72287,656570,480612,7915956223364589,8138,1962,4261,0362,4261,036Philadelphia Insurance 15

138,052154,372MetLife 16

9,04827035,1003,883401,499450,823304,778282,5526,7862,535297,992280,017Jordan International Ins. (Newton)17

313,560315,475723,848678,18518,08819,93636,76240,227133,174131,14879,64881,06379,64881,063Euro Arab Insurance Group18

469,649469,7681,658,4711,548,513130,412155,081365,630373,893165,522172,765165,522172,765Islamic Insurance19

205,362258,761736,844839,8394,3324,42114,67413,1165,3207,47860,38149,19723,30411,07123,30411,071Arab Assurers20

102,967110,254439,561459,90622,61213,356101,18878,63552,18519,28652,18519,286Arab Jordanian Ins. Group21

1,036,7361,295,356341,5691,153,008369,634474,67286,47390,980879,689863,256234,75674,5554,5561,650230,20072,905Arab Orient Insurance gig22

435,562484,520723,119804,4001,9264,40110,11513,059300,277341,48987,40776,44787,40776,447MEDGULF Insurance23

304,858276,0881,403,7421,363,580221,522192,454120,88662,8521,056,5451,023,622257,616257,09312,56422,185245,052234,908SOLIDARITY-First Insurance24

7,833,3257,897,06617,730,50918,616,338120,508138,0601,137,1771,234,753746,582637,4317,318,7437,811,0172,819,6212,598,482149,843111,2062,669,7782,487,276

*

46

CompaniesAviation Marine & Transport Marine+Aviation Liability

Compulsory (Third

Party Liability

Insurance)

א��

Motor

Gross Administrative Expenses For Insurance Companies Distributed on Insurance Underwritting Branches

Comprehensive

(Own Damages)

Credit Fire&Other Property

Damages

Table (26)

Other BranchesNO.

for the years 2017 & 2016 (JD)*

The figures above represent the expenses of 24 insurance companies.

Total

2016201720162017201620172016201720162017

4,894,0004,930,3861,410,8041,952,2093,483,1962,978,177601,171731,4741,734,209964,8451

3,899,0904,237,619296,494415,8873,602,5963,821,732544,083518,9161,393,6961,455,9682

1,220,4451,291,24933,50441,0281,186,9411,250,221263,219275,177653,694673,6973

1,456,3261,466,90052,68641,8831,403,6401,425,017416,580399,253783,594784,5284

1,447,1351,414,7761,447,1351,414,77695,160164,4541,060,179989,5935

1,763,9701,814,571190,051194,6661,573,9191,619,905265,419322,9281,000,948999,0746

2,299,4192,590,54012,81561,0362,286,6042,529,504282,579351,7361,563,2671,615,7337

4,420,8324,560,4962,542,0462,710,1331,878,7861,850,3631,336,6941,302,01412,13414,7578

3,534,6963,676,313186,937213,7813,347,7593,462,5321,029,1511,244,4941,670,1051,566,2479

1,226,9211,245,1561,226,9211,245,156138,15869,5041,008,3741,089,17710

1,416,6901,642,0107,092161,6651,409,5981,480,345174,512169,799922,931973,52711

1,161,8031,257,1571,161,8031,257,15760,38398,5861,054,2611,117,51112

1,390,3281,484,3901,390,3281,484,3901,317,9021,431,15413

3,063,0903,169,121203,710244,8222,859,3802,924,299634,807467,9571,840,4902,079,49314

751,964788,386751,964788,38686,59277,627652,202700,44715

2,077,0141,830,7611,541,2061,414,104535,808416,657397,756262,28516

1,760,2632,052,854201,965258,5531,558,2981,794,301807,8731,056,77317

2,024,9332,104,671111,507117,2201,913,4261,987,451608,346721,4171,037,408993,66018

5,060,6225,164,6421,064,5941,171,2653,996,0283,993,3771,206,3441,273,3572,128,1202,018,28119

1,203,9921,323,6031,203,9921,323,603153,775139,720942,2061,098,60020

1,017,258927,50766,97419,575950,284907,932231,771226,495542,528570,16021

9,159,2399,410,0359,159,2399,410,0355,559,7095,458,2082,028,9782,448,36422

2,162,2122,332,4182,162,2122,332,418603,806608,1021,158,6811,288,92023

4,783,0285,561,022176,876314,8754,606,1525,246,1471,240,9832,070,4581,708,6001,639,66824

63,195,27066,276,5838,099,2619,332,70255,096,00956,943,88116,738,87118,010,73426,214,50726,513,404

47

Table (26)

Al Manara Insurance


National Insurance



Al SAFWA INSURANCE

Jerusalem Insurance



Delta Insurance

Jordan Insurance


United Insurance

Gross Expenses

Motor

Motor (Compulsory (Third Party

Liability Ins.) & Comprehensive

(Own Damages))

Companies

Tbl. 2-2

Medical

MetLife Alico

Arab Assurers

Holy Land Insurance



Islamic Insurance


NO.

Gross Administrative Expenses For Insurance Companies Distributed on Insurance Underwritting Branches

LifeNon Life Insurances

for the years 2017 & 2016 (JD)*



Total


MEDGULF Insurance

31/12/2017 31/12/2016 31/12/2017 31/12/2016 31/12/2017 31/12/2016 31/12/2017 31/12/2016

1- Jordan Insurance 4,930,386 4,894,000 4,096,188 3,984,044 366,362 7,957,400 7,816,690

2- Metlife 1,830,761 2,077,014 1,337,711 1,448,274 133,044 2,288,452 2,596,267

3- Middle East Insurance 4,237,619 3,899,090 2,835,887 2,644,582 221,211 205,062 4,976,668 4,572,847

4- National Insurance 1,291,249 1,220,445 771,783 737,019 129,018 113,606 1,513,214 1,427,783

5- United Insurance 1,466,900 1,456,326 888,269 864,387 124,662 137,144 1,708,066 1,706,455

6- AL Manara Insurance 1,414,776 1,447,135 1,068,613 1,007,291 58,466 48,435 1,768,470 1,808,919

7- Arabia Insurance-Jordan 1,814,571 1,763,970 1,256,782 1,185,936 120,981 115,395 2,268,214 2,204,963

8- Jerusalem Insurance 2,590,540 2,299,419 1,587,366 1,540,752 191,181 142,816 2,985,532 2,607,484

9- AL-Nisr Al-Arabi Insurance 4,560,496 4,420,832 2,857,100 2,783,640 225,912 202,015 4,724,319 4,563,227

10- Jordan French Insurance 3,676,313 3,534,696 2,574,369 2,391,041 179,279 179,279 4,595,391 4,418,371

11- Delta Insurance 1,642,010 1,416,690 1,128,386 1,111,182 83,023 1,874,985 1,770,863

12- Al SAFWA INSURANCE 1,257,157 1,161,803 611,449 710,644 52,397 1,571,448 1,452,255

13- Holy Land Insurance 1,484,390 1,390,328 1,025,801 920,043 147,326 106,742 1,855,486 1,737,909

14- Philadelphia Insurance 788,386 751,964 528,962 514,800 41,272 35,374 985,483 939,955

15- Arab Life & Accidents Ins. 3,169,121 3,063,090 2,084,267 2,084,267 110,698 113,357 3,738,451 3,606,429

16- Arab Union International Ins. 1,245,156 1,226,921 639,178 697,442 102,458 59,933 1,363,378 1,396,721

17- Arab Assurers 1,323,603 1,203,992 860,561 778,954 67,398 1,660,806 1,508,990

18- Euro Arab Insurance Group 5,164,642 5,060,622 2,182,813 2,042,389 149,373 8,478,776 8,147,240

19- Islamic Insurance 2,104,671 2,024,933 1,459,063 1,374,677 126,260 2,438,009 2,356,231

20- Jordan International Ins. (Newton) 2,052,854 1,760,263 1,523,870 1,525,250 132,316 2,937,046 2,778,479

21- Arab Jordanian Ins. Group 927,507 1,017,258 1,151,272 1,118,527 42,000 97,686 1,805,477 1,745,017

22- Arab Orient Insurance gig 9,410,035 9,159,239 6,545,040 5,723,149 712,613 758,310 11,762,544 11,449,049

23- MEDGULF Insurance 2,332,418 2,162,212 1,246,648 1,220,919 184,309 154,201 2,726,775 2,522,309

24- SOLIDARITY-First Insurance 5,561,022 4,783,028 2,509,864 2,252,021 21,109 4,275,856 4,016,630

Total 66,276,583 63,195,270 42,771,242 40,661,230 2,591,386 3,600,637 82,260,246 79,151,083

48

No. Companies

Allocated on

Underwriting Accounts Fees

Gross Administrative & General Expenses For Jordan Insurance Companies

As in 31/12/2017 & 31/12/2016 (JD)

Expenses & Remunerations

Table (27)

Administrative Expenses Salaries, Wages Insurance Commission's Gross Administrative

2011 2012 2013 2014 2015 2016 2017 2011 2012 2013 2014 2015 2016 2017 2011 2012 2013 2014 2015 2016 2017

Marine Insurance 30,738,029 30,150,137 28,086,631 28,658,379 24,085,474 22,119,318 19,139,896 28,713,571 27,649,083 26,065,181 26,107,102 21,502,182 19,810,074 16,993,713 2,024,458 2,501,054 2,021,450 2,551,277 2,583,292 2,309,244 2,146,183

57,369,057 60,651,004 68,339,553 69,119,571 69,510,772 74,745,017 73,196,896 50,592,542 53,224,955 60,466,913 62,763,203 57,343,524 62,558,880 62,606,481 6,776,515 7,426,049 7,872,640 6,356,368 12,167,248 12,186,137 10,590,415

184,688,009 193,332,018 201,672,152 212,529,081 221,882,433 225,180,385 232,968,791 172,027,155 177,282,887 184,710,549 193,003,576 201,369,906 204,705,806 212,652,832 12,660,854 16,049,131 16,961,603 19,525,505 20,512,527 20,474,579 20,315,959

127,943,934 134,236,208 136,353,271 145,973,389 150,735,665 153,257,822 157,051,659 118,197,518 121,880,030 123,324,495 130,065,507 134,167,868 136,793,333 141,717,723 9,746,416 12,356,178 13,028,776 15,907,882 16,567,797 16,464,489 15,333,936

56,744,075 59,095,810 65,318,881 66,555,692 71,146,768 71,922,563 75,917,132 53,829,637 55,402,857 61,386,054 62,938,069 67,202,038 67,912,473 70,935,109 2,914,438 3,692,953 3,932,827 3,617,623 3,944,730 4,010,090 4,982,023

455,009 307,160 397,979 699,052 979,969 1,023,144 1,131,721 455,009 307,160 397,979 699,052 979,969 1,023,144 1,131,721 0 0 0 0 0 0 0

17,432,140 15,953,296 17,648,639 19,935,818 18,474,171 17,790,214 18,946,080 16,820,041 14,943,659 16,361,977 18,278,445 16,599,336 14,728,741 15,977,112 612,099 1,009,637 1,286,662 1,657,373 1,874,835 3,061,473 2,968,968

6,341,536 5,273,537 6,178,927 6,667,689 7,428,601 6,658,605 7,214,681 6,269,840 5,090,344 5,953,858 6,103,735 6,978,533 5,930,284 6,634,847 71,696 183,193 225,069 563,954 450,068 728,321 579,834

11,090,604 10,679,759 11,469,712 13,268,129 11,045,570 11,131,609 11,731,399 10,550,201 9,853,315 10,408,119 12,174,710 9,620,803 8,798,457 9,342,265 540,403 826,444 1,061,593 1,093,419 1,424,767 2,333,152 2,389,134

105,948,171 117,506,160 127,349,809 141,669,761 155,728,715 171,495,708 168,892,532 100,009,417 107,484,653 116,595,072 128,628,618 141,034,074 155,071,543 149,351,209 5,938,754 10,021,507 10,754,737 13,041,143 14,694,641 16,424,165 19,541,323

396,630,415 417,899,775 443,494,763 472,611,662 490,661,534 512,353,786 514,275,916 368,617,735 380,892,397 404,597,671 429,479,996 438,828,991 457,898,188 458,713,068 28,012,680 37,007,378 38,897,092 43,131,666 51,832,543 54,455,598 55,562,848

40,800,332 43,766,880 47,437,142 53,096,513 61,038,255 70,583,341 79,836,601 38,611,210 40,970,078 44,177,132 48,909,527 55,242,272 64,029,752 72,288,403 2,189,122 2,796,802 3,260,010 4,186,986 5,795,983 6,553,589 7,548,198

437,430,747 461,666,655 490,931,905 525,708,175 551,699,789 582,937,127 594,112,517 407,228,945 421,862,475 448,774,803 478,389,523 494,071,263 521,927,940 531,001,471 30,201,802 39,804,180 42,157,102 47,318,652 57,628,526 61,009,187 63,111,046

2011 2012 2013 2014 2015 2016 2017 2011 2012 2014 2014 2015 2016 2017 2011 2012 2013 2014 2015 2016 2017

Marine Insurance 30,738,029 30,150,137 28,086,631 28,658,379 24,085,474 22,119,318 19,139,896 93 92 93 91 89 90 89 7 8 7 9 11 10 11

57,369,057 60,651,004 68,339,553 69,119,571 69,510,772 74,745,017 73,196,896 88 88 88 91 82 84 86 12 12 12 9 18 16 14

Motor Insurance 184,688,009 193,332,018 201,672,152 212,529,081 221,882,433 225,180,385 232,968,791 93 92 92 91 91 91 91 7 8 8 9 9 9 9

127,943,934 134,236,208 136,353,271 145,973,389 150,735,665 153,257,822 157,051,659 92 91 90 89 89 89 90 8 9 10 11 11 11 10

Comprehensive (Own Damage)Ins. 56,744,075 59,095,810 65,318,881 66,555,692 71,146,768 71,922,563 75,917,132 95 94 94 95 94 94 93 5 6 6 5 6 7

455,009 307,160 397,979 699,052 979,969 1,023,144 1,131,721 100 100 100 100 100 100 100 0 0 0 0 0 0 0

17,432,140 15,953,296 17,648,639 19,935,818 18,474,171 17,790,214 18,946,080 96 94 93 92 90 83 84 4 6 7 8 9 17 16

6,341,536 5,273,537 6,178,927 6,667,689 7,428,601 6,658,605 7,214,681 99 97 96 92 94 89 92 1 3 4 8 6 11 8

11,090,604 10,679,759 11,469,712 13,268,129 11,045,570 11,131,609 11,731,399 95 92 91 92 87 79 80 5 8 9 8 13 21 20

105,948,171 117,506,160 127,349,809 141,669,761 155,728,715 171,495,708 168,892,532 94 91 92 91 91 90 88 6 9 8 9 9 10 12

396,630,415 417,899,775 443,494,763 472,611,662 490,661,534 512,353,786 514,275,916 93 91 91 91 89 89 89 7 9 9 9 11 11 11

40,800,332 43,766,880 47,437,142 53,096,513 61,038,255 70,583,341 79,836,601 95 94 93 92 91 91 91 5 6 7 8 9 9 9

437,430,747 461,666,655 490,931,905 525,708,175 551,699,789 582,937,127 594,112,517 93 91 91 91 90 90 89 7 9 9 9 10 10 11

*

49

Table (28)

Takaful Insurance Premiums Share from Gross Jordanian Insurance Market Premiums *

Takaful Insurance Premiums Share % from Gross Jordanian Insurance Market Premiums (According to Branches)*

For the years 2011-2017 (JD)

Branch / Year

Compulsory (Third Party Liability

Ins.)


Takaful Insurance Share % from Gross Insurance Market Premiums

Two insurance companies practice Takaful Insurance out of 24 insurace companies operating in Jordan after Al-Barakah Takaful was liquidated in 2012:

1- Islamic Insurance Company

Credit Insurance


Liability Insurance

2- SOLIDARITY-First Insurance Company

Traditional Insurance Share % from Gross Insurance Market Premiums

Total

Credit Insurance

Motor Insurance

Fire Insurance

Non Life Insurances

Fire Insurance

Branch / Year

General Accident Insurance

Life Insurance

Gross Insurance Market Premiums

Comprehensive (Own Damage)Ins.

Liability Insurance

Takaful Insurance Share % from Gross Insurance Branches Premiums

Medical Insurance

Medical Insurance

Total


Non Life Insurances

Life Insurance


Ins.)

Traditional Insurance Share % from Gross Insurance Branches PremiumsGross Insurance Market Premiums

2011 2012 2013 2014 2015 2016 2017 2011 2012 2013 2014 2015 2016 2017 2011 2012 2013 2014 2015 2016 2017

5,003,089 11,809,620 6,411,414 7,074,415 7,309,789 4,028,223 4,697,526 4,844,542 11,732,262 6,284,133 6,983,468 6,968,168 3,773,289 4,185,967 158,547 77,358 127,281 90,947 341,621 254,934 511,559

25,569,297 12,534,898 12,750,863 42,142,301 19,919,195 46,825,242 21,403,411 24,421,745 12,219,944 9,838,908 37,185,650 18,534,989 41,134,886 20,706,523 1,147,552 314,954 2,911,955 4,956,651 1,384,206 5,690,356 696,888

190,783,410 171,699,125 160,388,032 175,678,592 188,462,268 207,324,187 223,664,724 170,827,302 159,277,328 147,914,885 162,079,965 173,850,873 189,199,664 204,794,111 19,956,108 12,421,797 12,473,147 13,598,627 14,611,395 18,124,523 18,870,613

124,930,590 108,829,217 104,821,634 115,527,438 127,591,281 139,731,081 150,718,409 109,146,233 100,330,885 95,887,570 105,416,540 116,498,144 126,634,183 136,417,969 15,784,357 8,498,332 8,934,064 10,110,898 11,093,137 13,096,898 14,300,440

65,852,820 62,869,908 55,566,398 60,151,154 60,870,987 67,593,106 72,946,315 61,681,069 58,946,443 52,027,315 56,663,425 57,352,729 62,565,481 68,376,142 4,171,751 3,923,465 3,539,083 3,487,729 3,518,258 5,027,625 4,570,173

911,112 838,458 803,072 717,124 906,772 1,624,312 2,008,792 911,112 838,458 803,072 717,124 906,772 1,624,312 2,008,792 0 0 0 0 0 0 0

2,938,564 2,165,157 1,827,511 5,405,758 3,928,970 4,595,004 3,954,447 2,773,902 2,066,584 1,756,780 5,350,771 3,735,990 3,632,888 1,954,129 164,662 98,573 70,731 54,987 192,980 962,116 2,000,318

489,536 443,959 640,086 300,834 378,788 1,080,888 980,565 407,978 418,549 635,507 300,458 367,522 975,301 616,466 81,558 25,410 4,579 376 11,266 105,587 364,099

2,449,028 1,721,198 1,187,425 5,104,924 3,550,182 3,514,116 2,973,882 2,365,924 1,648,035 1,121,273 5,050,313 3,368,468 2,657,587 1,337,663 83,104 73,163 66,152 54,611 181,714 856,529 1,636,219

98,361,038 99,730,269 110,340,729 113,356,525 124,031,389 145,844,278 159,586,826 93,454,127 93,376,917 102,591,613 104,446,167 112,355,059 133,306,017 143,590,793 4,906,911 6,353,352 7,749,116 8,910,358 11,676,330 12,538,261 15,996,033

323,566,510 298,777,527 292,521,621 344,374,715 344,558,383 410,241,246 415,315,726 297,232,730 279,511,493 269,189,391 316,763,145 316,351,851 372,671,056 377,240,315 26,333,780 19,266,034 23,332,230 27,611,570 28,206,532 37,570,190 38,075,411

21,368,204 24,264,674 24,507,371 28,542,839 27,212,033 36,723,049 43,367,816 20,584,151 23,400,504 23,439,793 27,107,123 25,269,517 33,304,654 39,550,394 784,053 864,170 1,067,578 1,435,716 1,942,516 3,418,395 3,817,422

344,934,714 323,042,201 317,028,992 372,917,554 371,770,416 446,964,295 458,683,542 317,816,881 302,911,997 292,629,184 343,870,268 341,621,368 405,975,710 416,790,709 27,117,833 20,130,204 24,399,808 29,047,286 30,149,048 40,988,585 41,892,833

2011 2012 2013 2014 2015 2016 2017 2011 2012 2013 2014 2015 2016 2017 2011 2012 2013 2014 2015 2016 2017

5,003,089 11,809,620 6,411,414 7,074,415 7,309,789 4,028,223 4,697,526 97 99 98 99 95 94 89 3 1 2 1 5 6 11

25,569,297 12,534,898 12,750,863 42,142,301 19,919,195 46,825,242 21,403,411 96 97 77 88 93 88 97 4 3 23 12 7 12 3

190,783,410 171,699,125 160,388,032 175,678,592 188,462,268 207,324,187 223,664,724 90 93 92 92 92 91 92 10 7 8 8 8 9 8

124,930,590 108,829,217 104,821,634 115,527,438 127,591,281 139,731,081 150,718,409 87 92 91 91 91 91 91 13 8 9 9 9 9 9

65,852,820 62,869,908 55,566,398 60,151,154 60,870,987 67,593,106 72,946,315 94 94 94 94 94 93 94 6 6 6 6 6 7 6

911,112 838,458 803,072 717,124 906,772 1,624,312 2,008,792 100 100 100 100 100 100 100 0 0 0 0 0 0 0

2,938,564 2,165,157 1,827,511 5,405,758 3,928,970 4,595,004 3,954,447 94 95 96 99 95 79 49 6 5 4 1 5 21 51

489,536 443,959 640,086 300,834 378,788 1,080,888 980,565 83 94 99 100 97 90 63 17 6 1 0 3 10 37

2,449,028 1,721,198 1,187,425 5,104,924 3,550,182 3,514,116 2,973,882 97 96 94 99 95 76 45 3 4 6 1 5 24 55

98,361,038 99,730,269 110,340,729 113,356,525 124,031,389 145,844,278 159,586,826 95 94 93 92 91 91 90 5 6 7 8 9 9 10

323,566,510 298,777,527 292,521,621 344,374,715 344,558,383 410,241,246 415,315,726 92 94 92 92 92 91 91 8 6 8 8 8 9 9

21,368,204 24,264,674 24,507,371 28,542,839 27,212,033 36,723,049 43,367,816 96 96 96 95 93 91 91 4 4 4 5 7 9 9

344,934,714 323,042,201 317,028,992 372,917,554 371,770,416 446,964,295 458,683,542 92 94 92 92 92 91 91 8 6 8 8 8 9 9

*

50

1- Islamic Insurance Company

2- SOLIDARITY-First Insurance Company

Two insurance companies practice Takaful Insurance out of 24 insurace companies operating in Jordan after Al-Barakah Takaful was liquidated in 2012:

Total


Credit Insurance



Non Life Insurances

Life Insurance

Life Insurance

Table (29)

Branch / Year

Takaful Insurance Paid Claims Share from Gross Jordanian Insurance Market Paid Claims

For the years 2011-2017 (JD)

Takaful Insurance Share % from Gross Insurance Market Paid ClaimsTraditional Insurance Share % from Gross Insurance Market Paid ClaimsGross Insurance Market Paid Claims

Total

Marine Insurance

Fire Insurance


Ins.)

Takaful Insurance Paid Claims Share % from Gross Jordanian Insurance Market Paid Claims (According to Branches)

Medical Insurance

Liability Insurance


Marine Insurance

Non Life Insurances

Motor Insurance

Branch / Year

Liability Insurance


Fire Insurance

Motor Insurance

Gross Insurance Market Paid Claims according to the branch Traditional Insurance Share % from Gross Insurance Branches Paid Claims Takaful Insurance Share % from Gross Insurance Branches Paid Claims

Medical Insurance


Ins.)


Credit Insurance

2016201720162017201620172016201720162017201620172016201720162017201620172016201720162017

37.7037.203.953.9523,002,82523,475,6444,839,0625,323,9305,483,3815,787,9899,673,2719,174,005592,781704,9121,661,9551,699,512752,375785,296Islamic Insurance1

62.3062.806.526.6738,006,36239,635,4021,714,5272,224,26810,940,78413,753,33410,801,30811,141,9541,740,3711,684,222728,321579,83410,524,1828,890,9031,556,8691,360,887SOLIDARITY-First Insurance 2

10010010.4710.6261,009,18763,111,0466,553,5897,548,19816,424,16519,541,32320,474,57920,315,9592,333,1522,389,134728,321579,83412,186,13710,590,4152,309,2442,146,183

582,937,127594,112,51770,583,34179,836,601171,495,708168,892,532225,180,385232,968,7911,023,1441,131,72111,131,60911,731,3996,658,6057,214,68174,745,01773,196,89622,119,31819,139,896

2016201720162017201620172016201720162017201620172016201720162017201620172016201720162017

47.8442.724.393.9019,609,77617,902,5312,474,5562,188,0694,096,4035,997,7968,801,7979,082,42038,695107,8984,108,725408,21089,600118,138Islamic Insurance1

52.1657.284.785.2321,378,80924,006,088943,8391,645,1398,441,8589,998,2379,322,7269,788,193817,8341,528,321105,587364,0991,581,631288,678165,334393,421SOLIDARITY-First Insurance 2

1001009.179.1440,988,58541,908,6193,418,3953,833,20812,538,26115,996,03318,124,52318,870,613856,5291,636,219105,587364,0995,690,356696,888254,934511,559

446,964,295458,683,54236,723,04943,367,816145,844,278159,586,826207,324,187223,664,7241,624,3122,008,7923,514,1162,973,8821,080,888980,56546,825,24221,403,4114,028,2234,697,526

51

Total Market Business/Branch

% Companies

Market Share

% Companies Takaful

Share

Total Takaful Paid Claims

Company

Total Market Paid

Claims/Branch

Marine & Aviation

InsuranceFire Insurance Other Branches Medical Insurance

Total Compan´y Business

Table (30)

Underwritten Premiums

Paid Claims

NO.

% Companies

Market Share

% Companies Takaful

Share

Premiums / Insurance Branch

Total Takaful Insurance

Life AssuranceMotor InsuranceCredit Insurance

Company

Credit Insurance

Takaful Insurance Business (Premiums, Paid Claims) Allocated to Insurance Branches& Takaful Share of Total Business for the years 2017 & 2016 (JD)

Marine & Aviation

InsuranceFire Insurance Liability Insurance

Total Compan´y Business

Medical InsuranceOther Branches

Liability Insurance

Paid Claims / Insurance Branch

NO. Life AssuranceMotor Insurance

2016201720162017201620172016201720162017201620172016201720162017201620172016201720162017

73.6572.741.744.02530,841139,4751,485,3552,003,292486,694-993,924-1,198,763-1,498,769-134,054149,752225,566154,167371,323324,957Islamic Insurance1

26.3527.260.621.51189,89252,25913,870-71,6035,124-218,914-47,804-355,436-91,266144,4991,76233,97944,264-136,083207,926240,445SOLIDARITY-

First Insurance2

1001002.365.52720,733191,7341,471,4852,074,895491,818-1,212,838-1,246,567-1,854,205-00225,320294,2511,76233,979181,302290,250579,249565,402

30,579,4693,471,3775,940,9477,523,198798,05116,092,474-11,453,989526,350-233,115667,9502,598,3073,129,166869,724853,8564,131,8893,457,1044,553,4474,458,927

52

Life InsuranceLiability InsuranceFire Insurance

Table (31)

Takaful Insurance Business (Profit (Loss)) Allocated to Insurance Branches

& Takaful Share of Total Business for the years 2017 & 2016 (JD)

Medical Insurance

profit (Loss)

% Companies Share

of Total Takaful Profit

(Loss)

% Companies

Share of Total

Market Profit

(Loss)

Company's Profit (Loss)

profit (Loss) / Insurance Branch

Company No.

Marine & Aviation Insurance Motor InsuranceCredit InsuranceOther Branches

Total Takaful Profit

(Loss)

Total Market Profit

(Loss)/Branch***

No. Companies Jordanian share% Arab share % Foreign share% Total

1 Jordan Insurance 83.034% 6.061% 10.905% 100%

2 Middle East Insurance 77.367% 1.092% 21.541% 100%

3 National Insurance 99.774% 0.226% 100%

4 United Insurance 89.405% 6.762% 3.833% 100%

5 AL Manara Insurance 14.968% 83.867% 1.165% 100%

6 Arabia Insurance - Jordan 46.480% 53.520% 100%

7 Jerusalem Insurance 99.458% 0.476% 0.039% 100%

8 AL-Nisr Al-Arabi Insurance 81.765% 0.217% 18.018% 100%

9 Jordan French Insurance 88.873% 10.796% 0.332% 100%

10 Arab Union International Ins. 92.352% 7.230% 0.418% 100%

11 Delta Insurance 62.661% 37.196% 0.142% 100%

12 Jordan Emirates Insurance 99.720% 0.052% 0.229% 100%

13 Holy Land Insurance 97.377% 2.505% 0.118% 100%

14 Arab Life & Accidents Ins. 29.682% 55.631% 14.687% 100%

15 Philadelphia Insurance 99.811% 0.189% 100%

16 Jordan International Ins. (Newton) 92.432% 6.518% 1.050% 100%

17 Islamic Insurance 77.691% 22.267% 0.042% 100%

18 Euro Arab Insurance Group 14.523% 0.140% 85.337% 100%

19 Arab Assurers 99.769% 0.231% 100%

20 Arab Jordanian Ins. Group 98.603% 1.054% 0.343% 100%

21 Arab Orient Insurance gig 9.366% 90.474% 0.160% 100%

22 MEDGULF Insurance 39.542% 57.708% 2.750% 100%

23 SOLIDARITY-First Insurance 69.918% 30.020% 0.062% 100%

24 MetLife* _ _ _ _

68.950% 24.500% 7% 100%

53

Table (32)

Jordanian, Arab and foreign shares in Insurance Companies Paid Up capitals for the year 2017

**Metlife is a branch for foreign company and is not Listed on Amman Stock Market.

* Jordan Emirates Insurance Company name was changed to Al-Safwa Insurance Since 17/5/2018.

Jordan Insurance Federation

Fax: (06) 5689510

Tel.: (06) 5689266

Mobile: (07) 96706633

P.O. Box 1990 Amman 11118 Jordan

E-mail: [email protected]

Website: www.JIF.jo

annual report insurance business report … · growth in insurance business 2008- 2017 * million...

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