News & Event Details

The board of directors at Arab Orient Insurance Company gig group Jordan, has approved the fiscal statements for the period that ended on 31st December 2018 on its first annual meeting of the year 2019. The meeting was presided by his excellency Mr. Nasser Lawzi, the chairman of board of directors, and attended by the board members in addition to the Chief Executive Officer Dr. Ali Wazani. The chairman of Board of Dirctors Mr. Naser Lawzi announced that the business of the company for 2018 was quite well. The company managed to restore its course of generating profit, and the subscription profit amounted to 6.18 million JODs. The pre-taxation profit reached 4.2 million JODs and 3.213 million JODs after taxation. Dr. Al Wazani added that the written premiums have amounted to 2.85 million JODs compared to 4.95 million JODs for the same period last year at a decrease of %11. Meanwhile the compensations paid reached 2.69 million JODs compared to 94 million JODs for the same period of 2017 at a decrease of %26 according to the fiscal statements of the company. This reflects positively on the substantive results of the company.