By : JD News Desk
Jordan Daily – Gulf Insurance Group – Jordan (GIG) said its board, chaired by Eng. Nasser Lozi, approved the company’s financial results for the nine months ended Sept. 30, 2025, posting strong growth in revenues and profits.
Insurance contract revenues rose 14% to JD 105.4 million from 92.5 million a year earlier, while net profit after tax jumped 65% to 9.9 million dinars from 6 million dinars. Total assets reached 156.1 million dinars, with investments accounting for 73% of the total, GIG said in a statement seen by Jordan Daily.
CEO Dr. Ali Al Wazani said the company’s financial and technical indicators exceeded expectations, achieving a 24.9% annual return on equity and a combined loss ratio of 88.5%, one of the best levels ever achieved by the company. Investment portfolio volume stood at 113.3 million dinars, contributing significantly to profitability.
On Oct. 15, AM Best affirmed the company’s long-term issuer credit rating at “a–” (Excellent) and financial strength rating at “A–” (Excellent), both with a stable outlook. Gulf Insurance Group – Jordan remains the only Jordanian insurer holding this international rating.
