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Arabia Insurance Company-Jordan (A Public Shareholding Limited Company) (Jordan)

Main Activities: Direct Life, Health, and Medical Insurance Carriers | Direct Insurance (except Life, Health, and Medical) Carriers
Full name: Arabia Insurance Company-Jordan (A Public Shareholding Limited Company) Profile Updated: January 31, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English Download a sample report

Arabia Insurance Company - Jordan is a public shareholding company located in Amman, the capital city of Jordan. It was established in 1975 and registered under No. (90). The company's headquarters is situated on Sharif Abdul Hamid Sharaf Street, Shmeisani, Amman. It has an authorized capital of JD 2 million, divided into 2 million shares with a par value of JD 1 per share. Over the years, the company's capital has been increased, with the latest increase occurring in February 2008, bringing it to JD 8 million divided into 8 million shares. Arabia Insurance Company - Jordan provides a wide range of insurance and re-insurance services. These services include insurance coverage for fire, accidents, marine, land, and credit. Additionally, the company offers vehicle and life insurance.

Headquarters
Arabia Insurance Building - Al-Shmesani, Abed Al Hameed Sharaf - St.-Building (3), P.O.Box (20031)
Amman; West Zone; Postal Code: 11118

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Website: http://www.gaic.jo

Basic Information
Total Employees:
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Outstanding Shares:
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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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5.772%
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1.25%
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1.034%
Company Performance
Financial values in the chart are available after Arabia Insurance Company-Jordan (A Public Shareholding Limited 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
14.57%
Operating profit (EBIT)
228.27%
Net Profit (Loss) for the Period
155.82%
Total assets
9.16%
Investments
55.6%
Receivables
-8.42%
Total equity
3.18%
Net Premiums Earned Trend
1.13%
Net Profit Trend
-156.93%
Return on Equity (ROE)
5.75%
Loss Ratio
6.45%
Underwriting Expenses Ratio
-1.71%

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