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Jerusalem Insurance Company( Public Shareholding Company) (Jordan)

Main Activities: Direct Life, Health, and Medical Insurance Carriers | Direct Insurance (except Life, Health, and Medical) Carriers
Full name: Jerusalem Insurance Company( Public Shareholding Company) Profile Updated: November 01, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Jerusalem Insurance Company (JICO) is a leading insurance provider in Jordan. Established in 1975 with a paid-up capital of 160,000 JOD, the company has experienced significant growth over the years. Currently, JICO's paid-up capital stands at 8 million JOD, with assets reaching 34.5 million JOD by the end of 2017. Operating from its head office in Amman and a wide network of agencies across the country, JICO is dedicated to offering the best and most innovative insurance solutions to businesses, families, and individuals. Their services aim to protect property, assets, employees, earnings, and liabilities in a cost-effective manner. JICO provides a range of life and non-life insurance solutions to industrial and commercial enterprises, as well as individuals and families. The company is known for its exceptional management team and employs dedicated professionals with a wealth of skills and expertise.

Headquarters
Al Jandaweel Area-King Abdullah Ii Street- Building No.288, P.O. Box 20094
Amman; West Zone; Postal Code: 11118

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Website: http://www.jerco.com

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
1975
Key Executives
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Chairperson
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Vice Chairperson
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Director / Member of the Management Board
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Director / Member of the Management Board
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Director / Member of the Management Board
Ownership Details
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24.77%
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17.391%
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15.216%
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5.506%
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4.679%
Subsidiaries
Jerusalem For Vehicles Maintenance Company
98.69%
Company Performance
Financial values in the chart are available after Jerusalem Insurance Company( Public Shareholding Company) report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency JOD. Absolute financial data is included in the purchased report.
Net insurance premium revenue
173.93%
Operating profit (EBIT)
1.24%
Net Profit (Loss) for the Period
61.36%
Total assets
22.36%
Investments
36.24%
Total equity
11.57%
Net Premiums Earned Trend
N/A
Net Profit Trend
N/A
Return on Equity (ROE)
1.82%
Underwriting Expenses Ratio
-89.8%

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