News
Premiums Climb In Jordan
| March 31, 2010 by Rob Morris
Country’s insurance commission reveals 6.8% yearly rise for February
Jordan’s insurance premiums increased steadily last month compared to the same period in 2009.
The Insurance Commission of Jordan revealed a 6.8% rise in premiums to US$99.4 million from $93.1 million.
General insurance premiums accounted for $88.3 million, representing 88.8 per cent of total market share. Meanwhile, life insurance premiums climbed 11 per cent to $11.1 million, and gross paid claims increased 12% to $65.2 million.
The number of insurance service providers in Jordan also rose year-on-year by 12 per cent to 701.
