Top Three Insurers Dominating the large piece of Jordan Life Insurance Market : Ken Research - PowerPoint PPT Presentation

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Top Three Insurers Dominating the large piece of Jordan Life Insurance Market : Ken Research

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Jordanian Life Insurance Market Future – Find all latest market reports like, Jordanian Life Insurance market trends, Jordan Insurance Federation, Life Insurance Growth Prospects online at kensearch.com – PowerPoint PPT presentation

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Title: Top Three Insurers Dominating the large piece of Jordan Life Insurance Market : Ken Research


1
Top Three Insurers Dominating the large piece of
Jordan Life Insurance Market Ken Research
2
  • The individual whole life category accounted for
    96.4 of the life gross written premium in 2014.
  • The traditional channels of direct marketing and
    agencies are the most popular distribution
    channels in Jordan.
  • The Jordanian central banks reduced interest
    rates have resulted in Jordanians investing in
    life insurance, such as retirement policies or
    pensions.

3
  • Ken Research announced the latest publication on
    Life Insurance in Jordan, Key Trends and
    Opportunities to 2019 which provides a
    comprehensive analysis of life insurance market
    dynamics in the prominent country of Middle East.
    The report discusses in detail about major
    distribution channels, regulatory policy and
    identifies market opportunities. The report
    defines major players operating in the life
    insurance segment in the country and their stake
    in the market. Major trends which are
    accountable for the market growth and liable for
    any change in the market performance have also
    been discussed

4
  • In recent years demand for insurance has
    witnessed an incline which resulted in rise in
    insurance premium. This growth has been driven by
    life insurance, medical and motor insurance
    sectors of which life insurance has played a
    strong role. Considering Jordan history, with a
    small population size and difficulties faced by
    the countrys economy due to Second World War,
    the economy progress was slow however in recent
    past with the support of government initiatives
    country is experiencing change in the economy
    which has supported life insurance market of the
    country. New insurance commission has further
    supported government efforts to boost insurance
    market in the country and attract more players
    into the market.

5
  • There are many challenges which persist in the
    insurance sector of Jordan associated with small
    population, demographic distribution and economy
    of the country. The report highlights all major
    opportunities and challenges which may help
    government to formulate better strategies and
    market players to assess their future performance
    and key areas of evaluation.

6
  • Key Topics Covered in the Report
  • Market Statistics
  • Jordanian Individual Life Insurance Market by
    Gross Written Premium and Direct Premium by
    Category
  • Individual Life Insurance (Individual whole life
    insurance and Individual general annuity
    insurance)
  • Major Distribution Channels
  • Analysis of Economy of Jordan in relation to Life
    Insurance Market
  • Major players and Competition in the Market
  • Regulatory Environment, major legislations,
  • Jordanian Individual Life Insurance - Direct
    Written Premium

7
  • Market Competition and Companies Covered
  • Jordan Insurance Company
  • AL-Nisr Al-Arabi Insurance Company
  • MetLife Alico
  • Islamic Insurance Company
  • Middle East Insurance Company
  • Arabia Insurance Company Jordan Ltd
  • Jordan French Insurance Company
  • United Insurance Ltd
  • Euro Arab Insurance Group Plc
  • Arab Life Accidents Insurance Company PSC

8
  • Source https//www.kenresearch.com/banking-financ
    ial-services-and-insurance/insurance/life-insuranc
    e-jordan/8397-93.html
  • Contact Us Ken ResearchAnkur Gupta, Head
    Marketing CommunicationsAnkur_at_kenresearch.com
    91-9015378249

9
Thank you
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