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United Insurance Company P.L.C (Jordan)

Main Activities: Direct Health and Medical Insurance Carriers | Direct Property and Casualty Insurance Carriers
Full name: United Insurance Company P.L.C Profile Updated: March 13, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English Download a sample report

United Insurance Company Ltd is a Jordan-based public shareholding Company engaged in the provision of all classes of insurance products. Its products portfolio falls into seven segments, namely Motor Insurance, which includes comprehensive insurance and third party liability; Property Insurance, which includes fire and allied perils insurance, property all risks insurance, and business interruption; Miscellaneous Insurance, which includes plate glass insurance, general third party liability, money insurance, and personal accident insurance; Engineering Al Risks’ Insurance, which includes contractors’ all risks insurance and erections all risks insurance; Machinery Insurance, which includes machinery break down insurance and electronic equipment insurance; Marine Insurance, which includes cargo insurance and hull insurance, and Life and Medical Insurance, which includes in-patient and outpatient insurance. It operates on the Jordanian market, as well as on other Arab markets.

Headquarters
Zahran Street-Building No.188, P.O.Box 7521
Amman; West Zone; Postal Code: 11118

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Website: http://www.unitedjo.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:
1972
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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Outside Director
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Outside Director
Ownership Details
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15.094%
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4.682%
Company Performance
Financial values in the chart are available after United 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
95.85%
Operating profit (EBIT)
-11.51%
Net Profit (Loss) for the Period
3.96%
Total assets
-12.38%
Investments
25.64%
Receivables
-21.87%
Total equity
-0.51%
Net Premiums Earned Trend
79.02%
Net Profit Trend
-25.84%
Return on Equity (ROE)
0.33%
Loss Ratio
-8.02%
Underwriting Expenses Ratio
-10.14%

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