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Islamic Finance Briefing - Categorized | Compliance, Tax, Legal, Regulatory, Insurance (Takaful) more

Jordan: Insurers expect growth from regulatory changes

Posted on 08 July 2009

From Jordantimes.com: The insurance sector is looking to regulatory changes to welcome in a new era of business growth and competition, with the motor segment in particular likely to benefit from the reforms.

With a penetration rate of just 2.5 per cent, the Kingdom is one of the most underinsured in the world. Nevertheless, despite the low uptake and the onset of the global economic downturn, Jordanian insurance companies have managed to attract new business in the first part of this year…….Full Article: Source

 
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