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The Arab Assurers Insurance Company P.L.C (Jordan)

Main Activities: Insurance Carriers
Full name: The Arab Assurers Insurance Company P.L.C Profile Updated: October 30, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English Download a sample report

The Arab Assurers is a Jordan-based public shareholding company that provides all classes of life and non-life insurance products and services, including marine insurance, medical insurance, casualty insurance, engineering insurance, engineering insurance, travel insurance, motor insurance, credit insurance. The company adheres to transparency and ethical principles. Arab Assurers's provides its clients with reinsurance services that are covered by leading reinsurers.

Headquarters
Queen Rania Al Abdallah St, Building 32, P.O.Box 926269
Amman; West Zone; Postal Code: 11110

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Website: http://www.arabassurers.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:
1995
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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9.657%
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9.657%
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7.596%
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5.534%
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5.534%
Subsidiaries
Assurers Real Estate Investment
100%
Shareco Brokerage Co Plc
4.571%
Company Performance
Financial values in the chart are available after The Arab Assurers Insurance Company P.L.C 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
3.82%
Operating profit (EBIT)
-38.64%
Net Profit (Loss) for the Period
-8.25%
Total assets
-8.39%
Investments
-15.4%
Receivables
-8.76%
Total equity
-30.85%
Net Premiums Earned Trend
-1.82%
Net Profit Trend
N/A
Return on Equity (ROE)
-15.94%
Loss Ratio
-3.7%
Underwriting Expenses Ratio
-3.51%

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