Tag: First Insurance

Insurance

Solidarity: Insuring Tomorrow

First Insurance was established in 2007 with a paid up capital of JD28 million. The company entered an already crowded market that was ripe for consolidation. This finally happened last year, when First Insurance absorbed rival Yarmouk Insurance, to become…

The Insurance Sector: Dealing with the Disarray

A recent buyout in Jordan’s fragmented and overcrowded insurance sector could mean some much needed market consolidation is finally underway. But even so, big challenges still loom large. By Dina al-Wakeel Over the summer, First Insurance, which provides services based…