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Jordanian insurance market in 2021: premiums per class of business
June 10, 2022
Figures in thousands
| Class of business | 2021 turnover | 2020 turnover | 2020-2021 evolution (1) | 2021 shares | ||
|---|---|---|---|---|---|---|
| In JOD | In USD | In JOD | In USD | |||
| Motor | 229 506 | 323 705 | 213 534 | 301 177 | 7.48% | 35.25% |
| Health | 194 460 | 274 274 | 178 621 | 251 934 | 8.87% | 29.87% |
| Fire | 78 658 | 110 942 | 75 694 | 106 762 | 3.92% | 12.08% |
| Marine | 19 503 | 27 508 | 17 149 | 24 188 | 13.73% | 2.99% |
| Third party liability | 8 208 | 11 577 | 6 791 | 9 578 | 20.87% | 1.26% |
| Credit | 243 | 343 | 448 | 632 | -45.76% | 0.04% |
| Other risks | 11 081 | 15 629 | 9 739 | 13 736 | 13.78% | 1.70% |
| Total non life | 541 659 | 763 978 | 501 976 | 708 007 | 7.91% | 83.19% |
| Total Life | 109 459 | 154 385 | 92 299 | 130 182 | 18.59% | 16.81% |
| Grand total | 651 118 | 918 363 | 594 275 | 838 189 | 9.57% | 100% |
(1) Evolution in local currency
Exchange rate as at 31/12/2021: 1 JOD = 1.41044 USD; 31/12/2020: 1 JOD = 1.41044 USD
Read also | Insurance companies in Jordan