Jordan Insurance Q4 2018
Key View :
Jordan's insurance industry, though currently writing a relatively small volume of premiums, nonetheless offers healthygrowth potential. The population is expanding and combined with economic growth, which is boosting employment and incomerates, means that the accessible consumer base for the insurance industry is growing. The development of affordable productranges will remain key as a significant share of households still fall into lower income brackets, a factor that will also continue tohamper the development of the life insurance sector. Carriers also have to contend with high levels of competition, which isdampening premium growth and eroding margins, creating a more challenging operating environment.
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