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Personal Accident and Health Insurance in Jordan, Key Trends and Opportunities to 2021

Personal Accident and Health Insurance in Jordan, Key Trends and Opportunities to 2021

Synopsis

Timetric’s 'Personal Accident and Health Insurance in Jordan Key Trends and Opportunities to 2021' report provides a detailed outlook by product category for the Jordanian personal accident and health insurance segment, and a comparison of the Jordanian insurance industry with its regional counterparts.

It provides key performance indicators such as written premium, incurred loss, loss ratio, commissions and expenses, combined ratio, total assets, total investment income and retentions during the review period (2012–2016) and forecast period (2016–2021).

The report also analyzes distribution channels operating in the segment, gives a comprehensive overview of the Jordanian economy and demographics, and provides detailed information on the competitive landscape in the country.

The report brings together Timetric’s research, modeling and analysis expertise, giving insurers access to information on segment dynamics and competitive advantages, and profiles of insurers operating in the country. The report also includes details of insurance regulations, and recent changes in the regulatory structure.

Summary

Timetric’s 'Personal Accident and Health Insurance in Jordan Key Trends and Opportunities to 2021' report provides in-depth market analysis, information and insights into the Jordanian personal accident and health insurance segment, including:

  • An overview of the Jordanian personal accident and health insurance segment
  • The Jordanian personal accident and health insurance segment’s growth prospects by category
  • A comprehensive overview of the Jordanian economy and demographics
  • A comparison of the Jordanian personal accident and health insurance segment with its regional counterparts
  • The various distribution channels in the Jordanian personal accident and health insurance segment
  • Details of the competitive landscape in the personal accident and health insurance segment in Jordan
  • Details of regulatory policy applicable to the Jordanian insurance industry
Scope

This report provides a comprehensive analysis of the personal accident and health insurance segment in Jordan:
  • It provides historical values for the Jordanian personal accident and health insurance segment for the report’s 2012–2016 review period, and projected figures for the 2016–2021 forecast period.
  • It offers a detailed analysis of the key categories in the Jordanian personal accident and health insurance segment, and market forecasts to 2021.
  • It provides a comparison of the Jordanian personal accident and health insurance segment with its regional counterparts
  • It provides an overview of the various distribution channels for personal accident and health insurance products in Jordan.
  • It profiles the top personal accident and health insurance companies in Jordan, and outlines the key regulations affecting them.
Reasons To Buy
  • Make strategic business decisions using in-depth historic and forecast market data related to the Jordanian personal accident and health insurance segment, and each category within it.
  • Understand the demand-side dynamics, key market trends and growth opportunities in the Jordanian personal accident and health insurance segment.
  • Assess the competitive dynamics in the personal accident and health insurance segment.
  • Identify growth opportunities and market dynamics in key product categories.
  • Gain insights into key regulations governing the Jordanian insurance industry, and their impact on companies and the industry's future.
Key Highlights
  • The personal accident and health segment accounted for 31.3% of the Jordanian insurance industry in 2016.
  • In May 2017, Arab Orient launched the Medical Accounts Management Department to analyze and oversee medical insurance contracts, with an aim to make the contracts less risky, more viable and more profitable.
  • On May 2016, Jordan Insurance launched new policies to protect employers and provide healthcare for domestic workers by insuring them against financial losses occurring from runaway domestic workers.


  • Key Facts and Highlights
    • Table Jordanian Personal Accident and Health Insurance – Key Facts, 2016
    • Table Jordanian Personal Accident and Health Segment – Leading Insurers (%), 2016
  • Executive Summary
  • Economy and Demographics
    • Table Jordanian Government Credit Ratings
  • Segment Outlook
    • Regional Comparison
    • Segment Indicators
      • Gross written premium and penetration
        • Table Jordanian Personal Accident and Health Insurance – Gross Written Premium (JOD Million and US$ Million), 2012–2016
        • Table Jordanian Personal Accident and Health Insurance – Penetration (%), 2012–2016
        • Table Jordanian Personal Accident and Health Insurance – Gross Written Premium (JOD Million and US$ Million), 2016–2021
        • Table Jordanian Personal Accident and Health Insurance – Penetration (%), 2016–2021
        • Table Jordanian Personal Accident and Health Insurance – Premium per Capita (JOD and US$), 2012–2016
        • Table Jordanian Personal Accident and Health Insurance – Premium per Capita (JOD and US$), 2016–2021
      • Claims
        • Table Jordanian Personal Accident and Health Insurance – Paid Claims (JOD Million and US$ Million), 2012–2016
        • Table Jordanian Personal Accident and Health Insurance – Paid Claims (JOD Million and US$ Million), 2016–2021
      • Profitability
        • Table Jordanian Personal Accident and Health Insurance – Profitability Ratio (%), 2012–2016
        • Table Jordanian Personal Accident and Health Insurance – Profitability Ratio (%), 2016–2021
  • Outlook by Category
    • Table Jordanian Personal Accident and Health Insurance – Direct Written Premium by Category (JOD Million), 2012–2016
    • Table Jordanian Personal Accident and Health Insurance – Direct Written Premium by Category (JOD Million), 2016–2021
    • Personal Accident Insurance
      • Premium
        • Table Jordanian Personal Accident Insurance – Direct Written Premium (JOD Million and US$ Million), 2012–2016
        • Table Jordanian Personal Accident Insurance – Direct Written Premium (JOD Million and US$ Million), 2016–2021
      • Claims
        • Table Jordanian Personal Accident Insurance – Paid Claims (JOD Million and US$ Million), 2012–2016
        • Table Jordanian Personal Accident Insurance – Paid Claims (JOD Million and US$ Million), 2016–2021
      • Profitability
        • Table Jordanian Personal Accident Insurance – Loss Ratio (%), 2012–2016
        • Table Jordanian Personal Accident Insurance – Loss Ratio (%), 2016–2021
    • Health Insurance
      • Premium
        • Table Jordanian Health Insurance – Direct Written Premium (JOD Million and US$ Million), 2012–2016
        • Table Jordanian Health Insurance – Direct Written Premium (JOD Million and US$ Million), 2016–2021
      • Claims
        • Table Jordanian Health Insurance – Paid Claims (JOD Million and US$ Million), 2012–2016
        • Table Jordanian Health Insurance – Paid Claims (JOD Million and US$ Billion), 2016–2021
      • Profitability
        • Table Jordanian Health Insurance – Loss Ratio (%), 2012–2016
        • Table Jordanian Health Insurance – Loss Ratio (%), 2016–2021
  • Distribution Channel Outlook
  • Competitive Landscape
    • Table Jordanian Personal Accident and Health Segment – Leading Insurers (%), 2016
  • Governance, Risk and Compliance
    • Table Jordan – Insurance Regulatory Framework Key Features
    • Legislation Overview and Historical Evolution
    • Latest Changes in Regulation
    • Legislation and Market Practice by Type of Insurance
      • Life insurance
        • Table Jordan – Life Insurance Regulatory Framework
      • Property insurance
        • Table Jordan – Property Insurance Regulatory Framework
      • Motor insurance
        • Table Jordan – Motor Insurance Regulatory Framework
      • Liability insurance
        • Table Jordan – Liability Insurance Regulatory Framework
      • Marine, aviation and transit insurance
      • Personal accident and health insurance
    • Compulsory Insurance
      • Motor third-party liability insurance
      • Workers' compensation insurance
      • Liability insurance for ships with respect to oil pollution
      • Aviation liability insurance
        • Table Jordan – Minimum Cover for Aircraft Public Liability Per Accident Per Aircraft
    • Supervision and Control
      • International Association of Insurance Supervisors
      • Insurance Directorate
      • Jordan Insurance Federation
    • Non-Admitted Insurance Regulation
      • Overview
      • Intermediaries
      • Market practices
      • Fines and Penalties
    • Company Registration and Operations
      • Type of insurance organization
      • Establishing a local company
      • Foreign ownership
      • Types of license
      • Capital requirements
        • Table Jordan – Minimum Capital Requirements
      • Solvency margin
      • Reserve requirements
      • Investment regulations
      • Statutory return requirements
      • Fee structure
    • Taxation
      • Insurance premium or policy taxation
      • Withholding taxes on premium paid overseas
      • Corporate tax
        • Table Jordan – Corporate Tax Rates for the Financial Year 2016
      • VAT
      • Captives
    • Legal System
      • Introduction
      • Access to court
      • Alternative dispute resolution (ADR)
  • Databook
    • Policies and Premium
      • Table Jordanian Personal Accident and Health Insurance Industry – Policies and Premium, 2012–2016
      • Table Jordanian Personal Accident and Health Insurance Industry – Policies and Premium, 2016–2021
    • Claims and Expenses
      • Table Jordanian Personal Accident and Health Insurance – Claims and Expenses, 2012–2016
      • Table Jordanian Personal Accident and Health Insurance – Claims and Expenses, 2016–2021
    • Personal Accident Insurance
      • Table Jordanian Personal Accident and Health Insurance – Personal Accident Insurance, 2012–2016
      • Table Jordanian Personal Accident and Health Insurance – Personal Accident Insurance, 2016–2021
    • Health Insurance
      • Table Jordanian Personal Accident and Health Insurance – Health Insurance, 2012–2016
      • Table Jordanian Personal Accident and Health Insurance – Health Insurance, 2016–2021
  • Definitions and Methodology
    • Definitions
      • Table Insurance Industry Definitions
    • Methodology
  • About Timetric
    • Contact Timetric
    • About Timetric
    • Timetric's Services
    • Disclaimer

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