Company First Insurance Company

Equities

FINS

JO2103411010

Multiline Insurance & Brokers

End-of-day quote Amman S.E. 06:00:00 2024-04-29 pm EDT 5-day change 1st Jan Change
0.75 JOD -1.32% Intraday chart for First Insurance Company -.--% -1.32%

Business Summary

First Insurance Company PSC is a Jordan-based company, which is engaged in the provision of general insurance products and services in accordance with Islamic Sharia principles (Takaful). The Company is organized into following sectors: Life Insurance sector and General Insurance sector, which includes insurance on motor, marine, fire, natural hazards, accidents, medical and marine vehicles, cargo during transportation and other damage of properties, assistance insurance, ships insurance, aircraft insurance and life insurance, as well as Investment sector, which contains real-estate investments, financial assets at fair value through profit or loss and comprehensive statement of income in additions to financial brokerage sector. The Company also provides reinsurance services for general, medical, life and travel businesses.

Number of employees: 162

Sales per Business

JOD in Million2022Weight2023Weight Delta
Medical
30.6 %
- - 18 30.6 % -
Motor Comprehensive
17.0 %
- - 10 17.0 % -
Motor Third Party
13.8 %
- - 8 13.8 % -
Engineering
13.3 %
- - 8 13.3 % -
Life
11.2 %
- - 7 11.2 % -
G&A
6.3 %
- - 4 6.3 % -
Motor Pools - Borders & Buses
4.5 %
- - 3 4.5 % -
Marine
1.9 %
- - 1 1.9 % -
Fire
1.4 %
- - 1 1.4 % -

Sales per region

JOD in Million2022Weight2023Weight Delta
Jordan
100.0 %
36 89.8 % 60 100.0 % +66.93%

Managers

Managers TitleAgeSince
Chief Executive Officer 47 18-03-17
Director of Finance/CFO 37 15-12-31
Chief Tech/Sci/R&D Officer 46 -
Corporate Officer/Principal 37 15-10-31
Corporate Officer/Principal - -
Corporate Officer/Principal 48 -
Corporate Secretary 61 -

Members of the board

Members of the board TitleAgeSince
Director/Board Member 51 16-03-07
Director/Board Member 64 15-04-29
Chairman 56 07-07-06
Shariah Board Member - -
Director/Board Member 54 09-07-28
Shariah Board Member - -
Shariah Board Member - -
Director/Board Member 59 18-03-17

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 28,000,000 6,500,200 ( 23.22 %) 0 23.22 %

Company contact information

First Insurance Co.

Building 95 King Abdullah II Street

11822, Amman

+962 6 5777 555

http://www.solidarity.com.jo
address First Insurance Company(FINS)
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