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Jordan Insurance Q3 2018

Jordan Insurance Q3 2018

BMI View:

The outlook for the insurance industry in Jordan is broadly positive and both the non-life and life segments will seehealthy growth over the short-term and beyond. Although the life insurance segment will record the strongest growth in 2018, thenon-life segment will remain by far the larger of the two, accounting for the majority of premiums written. This is due to the relativestrength of key basic (and often mandatory) covers within the motor, health and to a lesser extent property insurance segments. Inthe life segment, demand remains restricted due to low average income levels and high levels of unemployment which continue toexclude many potential consumers. Ensuring employment and wage growth in the country will be key to sustainable growth in theinsurance market.

BMI Industry View
Industry Forecast
Life Premiums Forecast
Non-Life Premiums Forecast
Non-Life Sub-Sector Forecast
Industry Risk/Reward Index
Middle East & North Africa Insurance Risk/Reward Index
Market Overview
Life Market Overview
Non-Life Market Overview
Company Profile
Arab Orient Insurance Company

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