Facts & figures

Key Indicators for 2011  


  1. Gross written premium reached JD 46.3 million compared with JD 42.8 million in 2010.
  2. JIC achieved JD 3.04 million net profit before tax.
  3. Technical profit reached JD 2.83 million compared with JD 4.002 in 2010.
  4. The fair value of financial assets ( through profit and loss account, and comprehensive income) amounted to JD 29.6 million for the year ended in 31/12/2011 compared to JD 27.8  million at the end of the year 2010.
  5. Shareholders’ equity decreased by 1.01 million to reach JD 44.28 million.
  6. Total assets increased by 11.2% to reach JD 76.8 million compared to JD 69.08 million in 2010.
  7. AM-BEST; the world's most authoritative insurance rating agencies in the world; has affirmed the financial strength rating of B++ (Good) and the issuer credit rating of “bbb+” of Jordan Insurance Company PlC. The outlook for both ratings remains stable.
  8. JIC was awarded Jordan Insurer of the year for 2011 and 2012 by Mena Insurance Review.
  9. JIC Invested in three regional insurance companies: Arabian Insurance Co-operative Co., Saudi Arabia,  Watania Insurance Co., Yemen,  and Asia Insurance Co., Sulaymaniyah, Iraq.