Top Banner
The Initial Financial Indicators (Premiums & Paid Claims) As on 30/4/2020 compared to 30/4/2019 for the Jordanian Insurance Market Prepared by Research & Training Department July 2020
11

The Initial Financial Indicatorstest.jif.jo/SystemFiles/Assets/April 2020.pdf · 2020. 7. 14. · The Initial Financial Indicators (Premiums & Paid Claims) As on 30/4/2020 compared

Aug 20, 2021

Download

Documents

dariahiddleston
Welcome message from author
This document is posted to help you gain knowledge. Please leave a comment to let me know what you think about it! Share it to your friends and learn new things together.
Transcript
Page 1: The Initial Financial Indicatorstest.jif.jo/SystemFiles/Assets/April 2020.pdf · 2020. 7. 14. · The Initial Financial Indicators (Premiums & Paid Claims) As on 30/4/2020 compared

The Initial Financial Indicators

(Premiums & Paid Claims)

As on 30/4/2020 compared to 30/4/2019

for the Jordanian Insurance Market

Prepared by

Research & Training Department

July 2020

Page 2: The Initial Financial Indicatorstest.jif.jo/SystemFiles/Assets/April 2020.pdf · 2020. 7. 14. · The Initial Financial Indicators (Premiums & Paid Claims) As on 30/4/2020 compared

YearChange%

Year YearChange%

Year

Branch / Year 2020 2019 2019 Branch / Year 2020 2019 2019

Marine Insurance** 5,906,888 -8.0% 2.9% 6,418,492 Marine Insurance* 721,834 -74.9% 0.6% 2,872,927

Fire Insurance 23,941,103 4.0% 11.8% 23,010,072 Fire Insurance 8,472,562 38.2% 7.1% 6,132,574

Motor Insurance 53,932,487 -27.6% 26.5% 74,521,226 Motor Insurance 52,393,328 -35.0% 43.9% 80,562,654

Compulsory (TPL) 36,314,614 -30.5% 17.8% 52,275,111 Compulsory (TPL) 38,147,047 -34.4% 31.9% 58,165,829

Comprehensive 17,617,873 -20.8% 8.7% 22,246,115 Comprehensive 14,246,281 -36.4% 11.9% 22,396,825

Credit Insurance 171,944 -42.6% 0.1% 299,732 Credit Insurance 288,797 -29.2% 0.2% 407,753

Liability Insurance 2,822,389 10.3% 1.4% 2,559,278 Liability Insurance 184,048 66.8% 0.2% 110,314

Other Insurances Branches 3,296,047 -19.6% 1.6% 4,101,233 Other Insurances Branches 221,954 -79.3% 0.2% 1,070,622

Medical Insurance 81,414,054 -3.4% 40.0% 84,293,002 Medical Insurance 48,533,294 -12.8% 40.6% 55,654,980

Total General Insurances 171,484,912 -12.2% 84.3% 195,203,035 Total General Insurances 110,815,817 -24.5% 92.8% 146,811,824

Life Assurance 31,962,108 1.9% 15.7% 31,358,847 Life Assurance 8,643,041 -32.3% 7.2% 12,769,924

Total 203,447,020 -10.2% 100% 226,561,882 Total 119,458,858 -25.1% 100% 159,581,748

1

** Marine insurance premiums on 30/4/2020 include aviation insurance with an amount of JD (119,999) and 4

insurance companies practice this type of insurance compared to JD (515,677) as on 30/4/2019.

* The source of these figures is the initial monthly tables of production and paid claims as on 30/4/2020.* Insurance Companies have not paid aviation claims as on 30/4/2020.

Branch Share

of Total

Premiums

Branch Share of

Total Paid

Claims

Insurance Operations in Jordan from 1/1/2020 to 30/4/2020Total Premiums & Paid Claims (Initial)*

30-Apr 30-Apr

For (24) Insurance Companies (JD)

Underwritten Premiums Paid Claims

Page 3: The Initial Financial Indicatorstest.jif.jo/SystemFiles/Assets/April 2020.pdf · 2020. 7. 14. · The Initial Financial Indicators (Premiums & Paid Claims) As on 30/4/2020 compared

Arab Orient Insurance (gig), 14.86

Jordan Insurance, 9.24

SOLIDARITY-First Insurance, 7.95

Al-Nisr Al-Arabi Insurance, 6.58

Middle East Insurance, 6.56Jordan French Insurance, 5.84

Islamic Insurance, 5.58

Euro Arab Insurance Group, 4.99

United Insurance, 4.66

MetLife, 4.21

Arabia Insurance-Jordan, 3.52

Arab JordanianIns. Group, 3.38

MEDGULF Insurance, 3.05

National Insurance, 2.98

Jerusalem Insurance, 2.94

Jordan International Ins. (Newton), 2.39

Delta Insurance, 2.29

Arab Life & Accidents Ins., 1.77

Al Manara Insurance, 1.74

Arab Assurers, 1.41

Arab Union International Ins., 1.20 Holy Land Insurance, 1.20

Philadelphia Insurance, 0.90

Al SAFWA Insurance, 0.77

Companies Share % in Gross Premiums as in 30/4/2020

2

Page 4: The Initial Financial Indicatorstest.jif.jo/SystemFiles/Assets/April 2020.pdf · 2020. 7. 14. · The Initial Financial Indicators (Premiums & Paid Claims) As on 30/4/2020 compared

Tbl. 1-2

30/4/201930/4/202030/4/201930/4/202030/4/201930/4/202030/4/201930/4/202030/4/201930/4/202030/4/201930/4/202030/4/201930/4/202030/4/201930/4/202030/4/201930/4/2020

2,749,1692,335,3872,482,7041,644,56323,80731,853221,894206,3104,599,9974,602,252494,395423,950494,395423,950Jordan Insurance1

1,601,7621,270,3952,430,2311,670,4040028,44017,853359,859268,6153,534,4903,411,9201,703,9191,912,86751,88375,4001,652,0361,837,467Middle East Insurance2

1,039,403712,6132,386,7911,576,07125,13923,351775,3961,458,849243,436177,084243,436177,084National Insurance3

897,517662,1732,545,6731,646,55639,08012,021206,10996,9921,177,3951,073,445118,350103,233118,350103,233United Insurance4

391,758520,6732,090,1421,499,67336,47327,065139,029423,331742,281671,48418,51722,73018,51722,730Al Manara Insurance5

1,229,950938,5952,645,6411,722,40798,15647,937113,04972,80181,40884,014614,2981,108,822130,889102,735130,889102,735Arabia Insurance-Jordan6

1,353,775961,8952,538,9011,584,47822,0182,820107,97199,126628,036977,046262,825303,009262,825303,009Jerusalem Insurance7

67,81432,694187,008395,4221,179,0271,346,020111,062105,493111,062105,493Al-Nisr Al-Arabi Insurance8

1,124,7301,143,3512,285,1041,487,883168,006101,24364,0101,30356,57975,947743,598632,004751,763514,019367,132-75,285384,631589,304Jordan French Insurance9

263,545619,6682,188,1121,427,98856,82529,6301,0046,6171,45935,3398,4916,8988,4916,898Arab Union International Ins.10

975,212818,6502,335,4271,932,55828,85517,19532,344-217,746130,78082,3001,115,133709,709201,641194,856201,641194,856Delta Insurance11

562,355289,8551,726,2651,113,1283,9875,5773,7459,37335,77138,5974,6121714,612171Al SAFWA Insurance**12

168,083199,2883,361,3982,197,7953,0728,41886,15339,0801,7194,3891,7194,389 Holy Land Insurance13

1,338,038872,9892,792,4661,655,29732,49331,48759,81037,394437,782255,97363,13354,52763,13354,527Arab Life & Accidents Ins.14

257,04497,1341,876,5081,505,7351,4991,4582,48088531,2959,8661,6545,2151,6545,215 Philadelphia Insurance15

740,124737,35400MetLife16

118,073151,547768,106233,629537,354412,47286,308145,998451,046266,474Jordan International Ins.

(Newton)17

1,364,4281,078,1542,912,6152,251,56738,22487,119259,170210,644464,202482,873195,591232,881195,591232,881Euro Arab Insurance Group18

618,448485,5312,360,1461,605,198541,145683,552801,253749,618223,174185,641223,174185,641Islamic Insurance19

639,033365,1702,637,3281,788,0384,7155,56931,97912,58019,96517,366226,139196,55627,23310,93127,23310,931Arab Assurers20

1,089,337848,2082,745,8971,815,601241,122187,783906,948844,204101,794127,234101,794127,234Arab Jordanian Ins. Group21

2,010,2211,530,8892,598,2131,908,4331,681,2251,325,131372,426352,7192,093,9832,114,991604,871589,88810,354594,517589,888Arab Orient Insurance (gig)22

1,139,391706,9582,403,5171,470,05615,45115,13352,57948,533511,564541,708199,168136,402199,168136,402MEDGULF Insurance23

1,432,9161,160,2972,932,0322,811,185290,124198,579151,178223,4851,535,7662,407,118412,901280,2630-26,114412,901306,377SOLIDARITY-First Insurance24

22,246,11517,617,87352,275,11136,314,614299,732171,9444,101,2333,296,0472,559,2782,822,38923,010,07223,941,1036,418,4925,906,888515,677119,9995,902,8155,786,889

*

** The name of Jordan Emirates Insurance Company has been changed to Al-Safwa Insurance Company in 17/5/2018

3

Other Branches Credit Insurance (Compulsory(Third Party

(Liability Insurance

Motor

Aviation Marine Fire& Other Property Damages Companies

Underwritten Premiums for 24 Insurance Companies as in 30/4/2020 compared with 30/4/2019 (Initial)

Total

The source of these figures is the initial monthly tables of production and paid claims as in April,2020.

No.

Companies Share of All Classes as in 30/4/2020 (JD)

LiabilityMarine + AviationComprehensive (Own Damages)

Page 5: The Initial Financial Indicatorstest.jif.jo/SystemFiles/Assets/April 2020.pdf · 2020. 7. 14. · The Initial Financial Indicators (Premiums & Paid Claims) As on 30/4/2020 compared

30/4/201930/4/202030/4/201930/4/202030/4/201930/4/202030/4/201930/4/202030/4/201930/4/202030/4/201930/4/2020

9.079.2420,540,23618,794,6246,302,9486,444,64414,237,28812,349,9803,665,3223,105,6655,231,8733,979,9501

6.316.5614,306,33113,352,2581,729,8982,133,65012,576,43311,218,6082,917,7322,666,5544,031,9932,940,7992

2.802.986,333,9906,063,439179,843175,3046,154,1475,888,1351,683,9821,940,1673,426,1942,288,6843

5.244.6611,880,4949,473,415241,327127,90711,639,1679,345,5086,655,0435,751,0883,443,1902,308,7294

1.661.743,750,8743,540,8983,750,8743,540,898332,674375,9422,481,9002,020,3465

3.253.527,356,0077,163,856807,2001,128,9296,548,8076,034,9271,635,4161,957,6163,875,5912,661,0026

3.222.947,284,0065,986,985314,729135,8856,969,2775,851,1002,055,7511,922,7263,892,6762,546,3737

6.526.5814,773,64313,383,4766,955,9877,237,8617,817,6566,145,6156,272,7454,265,986008

4.445.8410,069,04911,884,770608,747448,5279,460,30211,436,2434,266,5127,480,4933,409,8342,631,2349

1.181.202,673,8532,437,2272,673,8532,437,227154,417311,0872,451,6572,047,65610

2.562.295,811,2804,663,125229,612201,7945,581,6684,461,331762,276923,8093,310,6392,751,20811

1.030.772,336,7741,566,1522,336,7741,566,15239109,4512,288,6201,402,98312

1.601.203,620,4252,448,9703,620,4252,448,9703,529,4812,397,08313

2.521.775,704,0893,593,256304,88567,3765,399,2043,525,880675,482618,2134,130,5042,528,28614

1.070.902,432,1401,827,7652,432,1401,827,765261,660207,4722,133,5521,602,86915

3.924.218,881,1508,566,5426,350,9305,965,5122,530,2202,601,0301,790,0961,863,6760016

2.722.396,166,9184,854,521322,304168,0415,844,6144,686,4804,421,0813,888,8320017

5.164.9911,681,79410,144,764724,678670,07810,957,1169,474,6865,722,8865,131,4484,277,0433,329,72118

5.415.5812,258,59311,362,0625,024,0665,089,5957,234,5276,272,4672,690,3612,562,9272,978,5942,090,72919

1.771.414,009,2112,866,4614,009,2112,866,461422,819470,2513,276,3612,153,20820

3.233.387,313,9106,877,80848,029199,8017,265,8816,678,0072,180,7832,854,9773,835,2342,663,80921

15.3914.8634,862,39430,225,64934,862,39430,225,64925,501,45522,403,5984,608,4343,439,32222

3.043.056,879,8366,201,5196,879,8366,201,5192,558,1663,282,7293,542,9082,177,01423

6.907.9515,634,88516,167,4781,213,6641,767,20414,421,22114,400,2747,666,3047,319,3474,364,9483,971,48224

100100226,561,882203,447,02031,358,84731,962,108195,203,035171,484,91284,293,00281,414,05474,521,22653,932,487

*

4

Holy Land Insurance

MEDGULF Insurance

Arab Orient Insurance (gig)

General Insurances numbers include the Personal Accident Insurance branch.

Delta Insurance

United Insurance

Al Manara Insurance

Arab Assurers

Compulsory (Third Party Liability Ins.) &

Comprehensive (Own Damages)

Total Motor

Non Life Insurances

Jordan Insurance

Medical Gross Underwritten PremiumsLifeNo.

Underwritten Premiums for 24 Insurance Companies as in 30/4/2020 compared with 30/4/2019 (Initial)

Jordan French Insurance

MetLife

Arab Jordanian Ins. Group

Arab Union International Ins.

Euro Arab Insurance Group

Arabia Insurance-Jordan

Philadelphia Insurance

Al-Nisr Al-Arabi Insurance

Arab Life & Accidents Ins.

Jerusalem Insurance

Total

Middle East Insurance

National Insurance

SOLIDARITY-First Insurance

Al SAFWA Insurance

Islamic Insurance

Jordan International Ins.

(Newton)

Companies

Companies Share of All Classes as in 30/4/2020 (JD)Tbl. 2-2

Market ُs Share %

Page 6: The Initial Financial Indicatorstest.jif.jo/SystemFiles/Assets/April 2020.pdf · 2020. 7. 14. · The Initial Financial Indicators (Premiums & Paid Claims) As on 30/4/2020 compared

Arab Orient Insurance (gig), 13.83

Jordan Insurance, 8.39

SOLIDARITY-First Insurance, 7.10

Middle East Insurance, 5.60

Jordan French Insurance, 5.43

Euro Arab Insurance Group, 5.37

United Insurance, 4.84Arabia Insurance-Jordan, 4.67

Al-Nisr Al-Arabi Insurance, 4.54

MEDGULF Insurance, 4.41

Arab Jordanian Ins. Group, 4.39

Islamic Insurance, 4.22

National Insurance, 4.18

Jerusalem Insurance, 3.57

Delta Insurance, 3.49

Arab Life & Accidents Ins., 2.95

Arab Assurers, 2.76

Jordan International Ins. (Newton), 2.20

Holy Land Insurance, 1.73

Arab Union International Ins., 1.72

MetLife, 1.43

Al Manara Insurance, 1.42

Philadelphia Insurance, 1.05

Al SAFWA Insurance, 0.70

Companies Share % in Paid Claism as in 30/4/2020

5

Page 7: The Initial Financial Indicatorstest.jif.jo/SystemFiles/Assets/April 2020.pdf · 2020. 7. 14. · The Initial Financial Indicators (Premiums & Paid Claims) As on 30/4/2020 compared

Tbl. 1-2

30/4/201930/4/202030/4/201930/4/202030/4/201930/4/202030/4/201930/4/202030/4/201930/4/202030/4/201930/4/202030/4/201930/4/202030/4/201930/4/202030/4/201930/4/2020

1,852,3611,130,2883,154,6212,327,79220,71947,08728,586639,877320,392137,77230,528137,77230,528Jordan Insurance1

2,089,8131,033,9562,863,8581,934,32115,0618,5415,9004,224726,4462,056,2151,839,40513,4111,839,40513,411Middle East Insurance2

1,657,378557,2133,049,3082,156,3967,534406,159195,01162,78575,02562,78575,025National Insurance3

932,447399,7562,816,4851,951,5262,8898995942,486743,370264,43018,8964,43218,8964,432United Insurance4

531,810261,7221,514,848833,290183266315,439113,9667,34507,345Al Manara Insurance5

1,401,8371,076,9043,094,9492,424,96280,43147,16522,2076,2772,4332,088109,193530,090180,64532,088180,64532,088Arabia Insurance-Jordan6

915,639667,2023,350,5382,061,6549,6036,09114,0701,554388,17831,714170,40615,630170,40615,630Jerusalem Insurance7

67820,6905020,3414,8302,41411,88923,947770,05110,5251,33310,5251,333Al-Nisr Al-Arabi Insurance8

1,018,296576,7543,306,8201,814,08039,33994,07039,33913,238080162,67582,0049,87417,3609,87417,360Jordan French Insurance9

591,079464,6012,319,4621,474,8872,6949,4965,0898565,089856Arab Union International Ins.10

543,231810,9122,737,0842,039,286243,269113,0222,7852,2038,799103,439132,551181,28629,10311,55829,10311,558Delta Insurance11

782,260440,117604,717331,935531423105015,29015,290Al SAFWA Insurance**12

421,027201,1313,307,1941,678,48561,652181,70900 Holy Land Insurance13

1,205,915721,9832,511,8042,051,78013,0097811,500233,26810,0692086,5782086,578Arab Life & Accidents Ins.14

36,9896,0122,494,599930,6251,29311,188123,27600 Philadelphia Insurance15

18,6841,84300MetLife16

25,6488,19621,71648,0451,4502,950164,073249,813134,38010,464134,38010,464Jordan International Ins.

(Newton)17

1,085,721766,4662,877,3681,699,0479,70414,534525195,856197,456138,08895,847138,08895,847Euro Arab Insurance Group18

645,844332,5783,235,4201,726,37238,99013,464458,3991,296,38144,0093,20144,0093,201Islamic Insurance19

1,369,843610,5812,808,3851,974,62244,71434,5402,20020,304274,74614,667121,38414,667121,384Arab Assurers20

808,848835,3402,793,6312,347,23828,84232,459109,50178,77610,52865,76710,52865,767Arab Jordanian Ins. Group21

2,172,5631,744,3243,815,0322,355,864804,86262,26814,41313,678557,6231,293,4244,354151,1054,354151,105Arab Orient Insurance (gig)22

886,693548,7062,359,5682,006,9401,7721,2494,000025,154186,46316,68316,45716,68316,457MEDGULF Insurance23

1,420,9051,051,5393,107,7321,977,85037,45721,5036,5985,117647,72135,18538,16533,52038,16533,520SOLIDARITY-First Insurance24

22,396,82514,246,28158,165,82938,147,047407,753288,7971,070,622221,954110,314184,0486,132,5748,472,5622,872,927721,834002,872,927721,834

*

** The name of Jordan Emirates Insurance Company has been changed to Al-Safwa Insurance Company in 17/5/2018

Marine

Total

No. (Compulsory(Third Party

(Liability Insurance

The source of these figures is the initial monthly tables of production and paid claims as in April,2020.

Companies

Paid Claims for 24 Insurance Companies as in 30/4/2020 compared with 30/4/2019 (Initial)

Companies Share of All Classes as in 30/4/2020 (JD)

Aviation Marine + AviationFire& Other Property

Damages Liability Other Branches Credit Insurance

Comprehensive (Own

Damages)

Motor

6

Page 8: The Initial Financial Indicatorstest.jif.jo/SystemFiles/Assets/April 2020.pdf · 2020. 7. 14. · The Initial Financial Indicators (Premiums & Paid Claims) As on 30/4/2020 compared

30/4/201930/4/202030/4/201930/4/202030/4/201930/4/202030/4/201930/4/202030/4/201930/4/202030/4/201930/4/2020

8.898.3914,181,43910,024,6755,852,7094,187,9638,328,7305,836,7122,497,0121,978,4075,006,9823,458,0801

6.735.6010,736,7506,689,1561,696,594411,4969,040,1566,277,6601,499,6731,226,9924,953,6712,968,2772

4.464.187,120,1934,993,55439,89841,7457,080,2954,951,8091,904,6651,960,6304,706,6862,713,6093

4.964.847,920,4015,786,443227,41285,8487,692,9895,700,5953,178,3083,077,0663,748,9322,351,2824

1.691.422,698,1471,699,6282,698,1471,699,628328,522490,3842,046,6581,095,0125

4.314.676,873,4375,584,627728,326679,6496,145,1114,904,9781,253,416785,4044,496,7863,501,8666

3.773.576,012,4444,266,441201,14516,5305,811,2994,249,911962,8651,466,0664,266,1772,728,8567

4.744.547,563,5425,428,331951,839452,7316,611,7034,975,6006,533,1084,187,44721,368508

5.385.438,584,8296,482,134429,114278,6818,155,7156,203,4533,579,3723,605,8674,325,1162,390,8349

1.901.723,037,8902,052,3073,037,8902,052,307119,566102,4672,910,5411,939,48810

2.703.494,316,2594,170,7179,3574,4864,306,9024,166,231610,080904,5253,280,3152,850,19811

0.950.701,508,098839,1081,508,098839,108120,59051,2381,386,977772,05212

2.371.733,789,8732,061,3253,789,8732,061,3253,728,2211,879,61613

2.942.954,686,4693,520,744243,17954,4374,443,2903,466,307477,586675,1163,717,7192,773,76314

1.711.052,726,5241,251,3002,726,5241,251,300183,748190,0942,531,588936,63715

0.891.431,424,4721,706,555271,750775,8721,152,722930,6831,134,038928,8400016

2.302.203,665,7902,624,298189,60615,7823,476,1842,608,5163,128,9172,289,04847,36456,24117

5.165.378,234,8086,419,282488,101226,8807,746,7076,192,4023,439,4453,419,0523,963,0892,465,51318

4.624.227,376,2335,037,9731,068,496443,2616,307,7374,594,7121,885,0751,222,7163,881,2642,058,95019

3.022.764,815,9503,301,5034,815,9503,301,503555,837285,6304,178,2282,585,20320

3.314.395,288,7085,244,3038941,0815,288,6195,203,2221,537,2691,843,6423,602,4793,182,57821

13.3513.8321,302,18616,520,41421,302,18616,520,41413,933,33910,899,7515,987,5954,100,18822

3.184.415,072,9885,268,9365,072,9885,268,9361,779,1182,509,1213,246,2612,555,64623

6.677.1010,644,3188,485,104372,309926,59910,272,0097,558,5055,013,4314,433,7914,528,6373,029,38924

100100159,581,748119,458,85812,769,9248,643,041146,811,824110,815,81755,654,98048,533,29480,562,65452,393,328

*

Paid Claims for 24 Insurance Companies as in 30/4/2020 compared with 30/4/2019 (Initial)

Companies Share of All Classes as in 30/4/2020 (JD)

Companies

United Insurance

Middle East Insurance

National Insurance

No.

Jordan Insurance

Compulsory (Third Party Liability Ins.) &

Comprehensive (Own Damages)

Medical Life

Tbl. 2-2

MEDGULF Insurance

SOLIDARITY-First Insurance

Islamic Insurance

Al Manara Insurance

Arabia Insurance-Jordan

Arab Union International Ins.

Al SAFWA Insurance

Philadelphia Insurance

Arab Life & Accidents Ins.

Euro Arab Insurance Group

Holy Land Insurance

Delta Insurance

Al-Nisr Al-Arabi Insurance

Jerusalem Insurance

Market ُs Share %Gross Paid ClaimsNon Life Insurances

Total Motor

7

Arab Assurers

Jordan International Ins. (Newton)

Jordan French Insurance

MetLife

General Insurances numbers include the Personal Accident Insurance branch.

Total

Arab Jordanian Ins. Group

Arab Orient Insurance (gig)

Page 9: The Initial Financial Indicatorstest.jif.jo/SystemFiles/Assets/April 2020.pdf · 2020. 7. 14. · The Initial Financial Indicators (Premiums & Paid Claims) As on 30/4/2020 compared

30/4/201930/4/202030/4/201930/4/202030/4/201930/4/202030/4/201930/4/202030/4/201930/4/202030/4/201930/4/202030/4/201930/4/2020

5,231,8733,979,9502,749,1692,335,3872,482,7041,644,563157,642133,1612,325,0621,511,402529,521428,7311,795,5411,082,671Jordan Insurance1

4,031,9932,940,8001,601,7621,270,3952,430,2311,670,405176,846137,1572,253,3851,533,248407,195402,0371,846,1901,131,211Middle East Insurance2

3,426,1942,288,6841,039,403712,6132,386,7911,576,071152,080151,3612,234,7111,424,710372,678296,2981,862,0331,128,412National Insurance3

3,443,1902,308,730897,517662,1732,545,6731,646,557327,317255,0642,218,3561,391,493346,084261,1011,872,2721,130,392United Insurance4

2,481,9002,020,347391,758520,6732,090,1421,499,674136,901115,1541,953,2411,384,520282,025268,6601,671,2161,115,860AL Manara Insurance5

3,875,5912,661,0021,229,950938,5952,645,6411,722,407323,154263,4662,322,4871,458,941436,977348,8081,885,5101,110,133Arabia Insurance-Jordan6

3,892,6762,546,3721,353,775961,8952,538,9011,584,477148,284124,7712,390,6171,459,706521,613346,0941,869,0041,113,612Jerusalem Insurance7

000000AL-Nisr Al-Arabi Insurance

***8

3,409,8342,631,2341,124,7301,143,3512,285,1041,487,883161,52831,0042,123,5761,456,879463,057487,2521,660,519969,627Jordan French Insurance9

2,451,6572,047,656263,545619,6682,188,1121,427,988159,049135,1582,029,0631,292,830178,694175,1581,850,3691,117,672Arab Union International Ins.10

3,310,6392,751,208975,212818,6502,335,4271,932,558304,697307,7322,030,7301,624,826319,712281,4711,711,0181,343,355Delta Insurance11

2,288,6201,402,983562,355289,8551,726,2651,113,128128,312115,0051,597,953998,123131,18790,5421,466,766907,581Al SAFWA Insurance 12

3,529,4812,397,083168,083199,2883,361,3982,197,795131,588128,1313,229,8102,069,6641,620,051998,6751,609,7591,070,989Holy Land Insurance13

4,130,5042,528,2861,338,038872,9892,792,4661,655,297279,090223,3442,513,3761,431,953630,854334,9281,882,5221,097,025Arab Life & Accidents Ins.14

2,133,5521,602,869257,04497,1341,876,5081,505,735249,050270,7531,627,4581,234,98289,20142,1841,538,2571,192,798Philadelphia Insurance15

000000Jordan International Ins.

(Newton) ***16

4,277,0433,329,7211,364,4281,078,1542,912,6152,251,567313,075360,3292,599,5401,891,238640,340560,6281,959,2001,330,610Euro Arab Insurance Group17

2,978,5942,090,729618,448485,5312,360,1461,605,198177,704143,7082,182,4421,461,490345,498278,7131,836,9441,182,777Islamic Insurance18

3,276,3612,153,208639,033365,1702,637,3281,788,038134,468141,4742,502,8601,646,564616,570396,4321,886,2901,250,132Arab Assurers19

3,835,2342,663,8081,089,337848,2082,745,8971,815,600146,212115,1032,599,6851,700,497766,786598,3451,832,8991,102,152Arab Jordanian Ins. Group20

4,608,4343,439,3212,010,2211,530,8892,598,2131,908,432263,893259,7762,334,3201,648,656616,875423,2021,717,4451,225,454Arab Orient Insurance gig21

3,542,9082,177,0141,139,391706,9582,403,5171,470,056155,140126,4982,248,3771,343,558500,036289,2131,748,3411,054,345MEDGULF Insurance22

4,364,9483,971,4821,432,9161,160,2972,932,0322,811,185308,201309,5022,623,8312,501,683724,371598,7881,899,4601,902,895SOLIDARITY-First Insurance23

74,521,22653,932,48722,246,11517,617,87352,275,11136,314,6144,334,2313,847,65147,940,88032,466,96310,539,3257,907,26037,401,55524,559,703

*

**

***

Compulsory T.P.L /Jordanian

Vehicles**

Compulsory T.P.L from

ComprehensiveCompanies

Motor Underwritten Premiums for 21 Insurance Companies as in 30/4/2020 compared to 30/4/2019 *

Total Jordanian Vehicles Total Motors Comprehensive

(Own Damages)

Compulsory T.P.L Foreign

Vehicles

8

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

Source: Monthly tubles (Production & Claims) of (23) insurance companies.

Total Compulsory/T.P.L

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

Insurance companies revoked voluntary their Motor Insurance license:

Total

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.

Page 10: The Initial Financial Indicatorstest.jif.jo/SystemFiles/Assets/April 2020.pdf · 2020. 7. 14. · The Initial Financial Indicators (Premiums & Paid Claims) As on 30/4/2020 compared

30/4/201930/4/202030/4/201930/4/202030/4/201930/4/202030/4/201

930/4/202030/4/201930/4/202030/4/201930/4/202030/4/201930/4/2020

5,006,9823,458,0801,852,3611,130,2883,154,6212,327,792200,94757,0932,953,6742,270,699730,547460,1512,223,1271,810,548Jordan Insurance1

4,953,6712,968,2772,089,8131,033,9562,863,8581,934,32164,18561,4022,799,6731,872,919674,046301,7032,125,6271,571,216Middle East Insurance2

4,706,6862,713,6091,657,378557,2133,049,3082,156,39696,28530,9812,953,0232,125,415545,123302,1742,407,9001,823,241National Insurance3

3,748,9322,351,282932,447399,7562,816,4851,951,526110,238134,9662,706,2471,816,560501,492334,2812,204,7551,482,279United Insurance4

2,046,6581,095,012531,810261,7221,514,848833,29079,95932,6181,434,889800,672208,557112,4651,226,332688,207AL Manara Insurance5

4,496,7863,501,8661,401,8371,076,9043,094,9492,424,96294,86055,2673,000,0892,369,695655,133496,6402,344,9561,873,055Arabia Insurance-Jordan6

4,266,1772,728,856915,639667,2023,350,5382,061,654113,50448,6713,237,0342,012,9831,058,139719,2242,178,8951,293,759Jerusalem Insurance7

21,3685067820,6905068420,006509725019,034AL-Nisr Al-Arabi Insurance **8

4,325,1162,390,8341,018,296576,7543,306,8201,814,080126,08091,0323,180,7401,723,048502,348281,2502,678,3921,441,798Jordan French Insurance9

2,910,5411,939,488591,079464,6012,319,4621,474,887164,78071,8672,154,6821,403,020303,80799,4291,850,8751,303,591Arab Union International Ins.10

3,280,3152,850,198543,231810,9122,737,0842,039,286115,09167,7602,621,9931,971,526276,783280,1492,345,2101,691,377Delta Insurance11

0772,052782,260440,117604,717331,93514,6481,013590,069330,92261,04183,755529,028247,167Al SAFWA Insurance 12

3,728,2211,879,616421,027201,1313,307,1941,678,48597,68817,4763,209,5061,661,0092,299,1911,144,314910,315516,695Holy Land Insurance13

3,717,7192,773,7631,205,915721,9832,511,8042,051,780105,29455,9262,406,5101,995,854638,411442,0661,768,0991,553,788Arab Life & Accidents Ins.14

2,531,588936,63736,9896,0122,494,599930,62596,99833,8332,397,601896,792645,022288,6641,752,579608,128Philadelphia Insurance15

47,36456,24125,6488,19621,71648,04521,71648,04521,71648,045

Jordan International Ins.

(Newton) **16

3,963,0892,465,5131,085,721766,4662,877,3681,699,047125,33935,8782,752,0291,663,169838,402431,5551,913,6271,231,614Euro Arab Insurance Group17

3,881,2642,058,950645,844332,5783,235,4201,726,372119,36997,7053,116,0511,628,667369,311189,9022,746,7401,438,765Islamic Insurance18

4,178,2282,585,2031,369,843610,5812,808,3851,974,6222,808,3851,974,6221,417,261868,7361,391,1241,105,886Arab Assurers19

3,602,4793,182,578808,848835,3402,793,6312,347,238109,53358,6872,684,0982,288,551703,038772,3831,981,0601,516,168Arab Jordanian Ins. Group20

5,987,5954,100,1882,172,5631,744,3243,815,0322,355,864104,26498,9683,710,7682,256,8961,230,468744,5912,480,3001,512,305Arab Orient Insurance gig21

3,246,2612,555,646886,693548,7062,359,5682,006,94047,65049,7462,311,9181,957,194345,979286,5421,965,9391,670,652MEDGULF Insurance22

4,528,6373,029,3891,420,9051,051,5393,107,7321,977,850125,03099,4552,982,7021,878,395577,132510,7032,405,5701,367,692SOLIDARITY-First Insurance23

79,175,67752,393,32822,396,82514,246,28158,165,82938,147,0472,112,4261,200,34456,053,40336,946,70314,582,2039,150,72741,471,20027,795,976

*

**

Total

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

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

Motor Paid Claims for 23 Insurance Companies as in 30/4/2020 compared to 30/4/2019 *

Total Compulsory/T.P.L

الايـــــــــــــرادات

Comprehensive

(Own Damages)

Insurance companies revoked voluntary their Motor Insurance license:

NO. CompaniesTotal Motors

9

Compulsory T.P.L

/Jordanian Vehicles

Compulsory T.P.L from

Comprehensive

Compulsory T.P.L Foreign

VehiclesTotal Jordanian Vehicles

Source: Monthly tubles (Production & Claims) of (23) insurance companies.

Page 11: The Initial Financial Indicatorstest.jif.jo/SystemFiles/Assets/April 2020.pdf · 2020. 7. 14. · The Initial Financial Indicators (Premiums & Paid Claims) As on 30/4/2020 compared

10

The share % of the top five companies in underwritten premiums and paid claims as in

30/4/2020

The top five companies' share of

underwritten premiums as in 30/4/2020

The top five companies' share of paid claims

as in 30/4/2020

Mil

lio

n J

DM

illi

on

JD

14.9

9.2 8 6.6 6.6

0

10

20

30

13.8

8.4

7.15.6 5.4

0

5

10

15

20

25