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Jordan French Insurance Company P.L.C (Jordan)

Main Activities: Direct Life, Health, and Medical Insurance Carriers | Direct Insurance (except Life, Health, and Medical) Carriers
Full name: Jordan French Insurance Company P.L.C Profile Updated: March 12, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English Download a sample report

JOFICO was established in 1976, in affiliation with M/S: Compagnie Financiere Du Group Victoire of France, with a Registered Capital of JD:250,000/- and a Paid-up Capital of JD: 125,000 (in that period) out of which the French held 25% and two seats on the Board of Directors.
Jordan French Insurance Co. (P.L.C), also known as JOFICO, is a Jordan-based public shareholding company that offers all classes of life and non-life insurance products and services in Jordan. Its products and services include Aviation, Construction, Credit, Fire, Health & Life, Marine, Motor, and Travel insurance. The Company has three sister companies, namely OASIS Insurance, Specialized Administration for Medical Services, and Al MASHRIQ Insurance.

Headquarters
Shmaisani - Sherif Abdulhamid Sharaf St, Building No.124, P.O Box 3272
Amman; West Zone; Postal Code: 11181

Contact Details: Purchase the Jordan French Insurance Company P.L.C report to view the information.

Website: http://www.jofico.com

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
1976
Key Executives
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Chairperson
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Vice Chairperson
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Director / Member of the Management Board
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Director / Member of the Management Board
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Director / Member of the Management Board
Ownership Details
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9.307%
Subsidiaries
Al-Mashreq Insurance Company (Palestine)
100%
Jordanian Management and Consulting Company
100%
National Insurance Co. (Syria)
100%
Company Performance
Financial values in the chart are available after Jordan French Insurance Company P.L.C report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency JOD. Absolute financial data is included in the purchased report.
Net insurance premium revenue
53.92%
Operating profit (EBIT)
N/A
Net Profit (Loss) for the Period
N/A
Total assets
-36.94%
Investments
36.22%
Total equity
5.43%
Net Premiums Earned Trend
45.24%
Net Profit Trend
240.38%
Return on Equity (ROE)
N/A
Loss Ratio
19.1%
Underwriting Expenses Ratio
-19.08%

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