JD 718 Thousand, the Profits of the First Half-Year Insurance 2021

ِAbd Aljawad: Preserving the interests of shareholders and customer service is the main objective of the company.

The First Insurance Company announced that it achieved an expected net profit after tax of JD 817 thousand for the period ending on June 30, 2021, compared to a net profit of JD 770.6 million for the period ending on June 30, 2020.

The company stated to the Securities and Exchange Commission that total half revenues for 2021 amounted to JD 4.2 million, compared to 2020, which amounted to JD 3.8 million.
Total expenses rose to 3 million dinars in the first half of 2021, compared to JD (2.8) million for 2020, and the total assets for the semi-annual period of 2021 amounted to JD (60) million.

The share of the the period ended on 30 June 2021 profit was (0.026) fils/jd, while it was 0.028 fils/JD last year.

Commenting on the results via, Alaa Abdel-Gawad, CEO of the First Insurance Company, expressed his satisfaction with the mid-term results, which prove the company’s ability to control the consequences of the circumstances experienced by the whole world, while stressing the company’s keenness to follow up on existing plans and amend strategies if necessary. It is to preserve the interests of shareholders and serve customers with high efficiency and professionalism