Stock ARAS ARAB ASSURERS INSURANCE COMPANY
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Company Arab Assurers Insurance Company

Equities

ARAS

JO2102611016

Multiline Insurance & Brokers

End-of-day quote Amman S.E.
Other stock markets
 04:30:00 23/03/2023 am IST 		5-day change 1st Jan Change
0.18 JOD +5.88% Intraday chart for Arab Assurers Insurance Company -.--% -.--%
09/01 Arab Assurers Insurance Company announced that it expects to receive JOD 15.9 million in funding CI
2022 Arab Assurers Insurance Company Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022 CI

Business Summary

Arab Assurers Insurance Co PSC, formerly Arab Assurers Co PLC, is a Jordan-based public shareholding company that provides all classes of life and non-life insurance products and services. The Company is organized into two business segment: General Insurance and Life Insurance. The General Insurance segment includes medical, marine and hull, aviation, fire, motor, general accidents and casualty, and liability insurance. The Life Insurance segment offers life insurance products. The Company’s reinsurance treaties are covered by international re-insurers, such as Hannover Re (Bahrain Branch), Acr Re Takaful Mea BSC And Odyssey America Reinsurance Corp. The Company has a wholly owned subsidiary, Al Damanun Company for Real Estate Investments.

Number of employees: 77

Sales per Business

JOD in Million2021Weight2022Weight Delta
Vehicles
79.6 %
9 79.4 % 9 79.6 % +3.97%
Medical
17.6 %
2 17.8 % 2 17.6 % +2.98%
Personal Accidents
1.0 %
0 1.1 % 0 1.0 % -3.57%
Responsibility
0.7 %
0 0.7 % 0 0.7 % +1.51%
Fire and Other Damages to Property
0.6 %
0 0.5 % 0 0.6 % +16.91%
Marine and Transport
0.4 %
0 0.4 % 0 0.4 % +2.62%
Credit and Guarantees
0.1 %
0 0.0 % 0 0.1 % +182.91%

Sales per region

JOD in Million2021Weight2022Weight Delta
Jordan
100.0 %
13 100.0 % 13 100.0 % -0.03%

Managers

Managers TitleAgeSince
Haitham Yousef Suleiman Al-Khatatneh CEO
 Chief Executive Officer 64 29/10/29
Tariq Hussein Yaseen Mahmoud DFI
 Director of Finance/CFO 54 01/10/01
Anas Malik Nawash CTO
 Chief Tech/Sci/R&D Officer 37 -
Ziad Aref Attieh AUD
 Comptroller/Controller/Auditor 53 -
Osama Abu Jalameh LAW
 General Counsel 53 -
Farouk Yousef Mallak PRN
 Corporate Officer/Principal 68 08/09/08

Members of the board

Members of the board TitleAgeSince
Wa'el Subhi Rabah Al-Kayyali BRD
 Director/Board Member 63 29/10/29
Haitham Yousef Suleiman Al-Khatatneh CEO
 Chief Executive Officer 64 29/10/29
Hamad Afnan Rizk Al-Kasasbeh CHM
 Chairman 66 01/11/01
Abdullah Mohammed Abdullah Al-Makahleh BRD
 Director/Board Member 39 03/18/03
Mohammed Al-Khalifat BRD
 Director/Board Member - -
Khalid Abdul Aziz Al-Rawashdeh BRD
 Director/Board Member - -
Marwan Mohammed Sharif Al-Zoaby BRD
 Director/Board Member - -
Mohkallad Atiyatullah Al-Rawashdeh BRD
 Director/Board Member - -

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 9,215,909 2,067,039 ( 22.43 %) 0 22.43 %

Company contact information

The Arab Assurers Insurance Co.

Building No. 32 Queen Rania Al-Abdullah Street

11190, Amman

+

http://www.arabassurers.jo
address Arab Assurers Insurance Company(ARAS)

Sector

Financials
Insurance
Insurance
Multiline Insurance & Brokers
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Sales per Business

Sales per region

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