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National Insurance Company P.L.C (Jordan)

Main Activities: Direct Life, Health, and Medical Insurance Carriers | Direct Insurance (except Life, Health, and Medical) Carriers
Full name: National Insurance Company P.L.C Profile Updated: October 28, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

National Insurance Company is a Jordanian shareholding company, incorporated in 1965. It is one of the first insurance companies in the country. The company provides insurance and reinsurance services according the international standards, including medical and life insurance, property insurance, marine insurance, engineering insurance, motor insurance, general accident insurance, travel insurance. The company has offices in Amman, Aqaba and Irbid.

Headquarters
Shmeisani - Sayed Qutob St. Beside Bahrain Embassy, Building Number 29, P.O Box 6156
Amman; West Zone; Postal Code: 11118

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Website: http://www.natinsurance.com.jo

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:
1986
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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General Manager
Ownership Details
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42.369%
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14.9%
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6.808%
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5.507%
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5.125%
Subsidiaries
Al Naai Real Estate Investment L.L.C
100%
National Portfolio Securities Group Public Shareholding Company
3.355%
Real Estate & Investment Portfolio P.L.C
2.719%
Company Performance
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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
28.19%
Operating profit (EBIT)
-54.84%
Net Profit (Loss) for the Period
-14.93%
Total assets
-7.69%
Investments
41.73%
Total equity
-0.81%
Net Premiums Earned Trend
1.53%
Net Profit Trend
N/A
Return on Equity (ROE)
-1.01%
Loss Ratio
-14.28%
Underwriting Expenses Ratio
-26.98%

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