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Awards & Rating

A.M. Best Financial Strength Rating

 

The international rating agency A.M. Best, assigned First Insurance Company a financial strength rating of B++ (stable outlook) which is considered the highest rating given to a Jordanian insurance company.

 

AM Best indicates in their report that the rating reflects FIC’s superior level of risk-adjusted capitalisation and good overall financial performance. In addition, AM Best reflects on FICs overall achievement by stating that FIC has successfully established itself within the Jordanian market since inception and is likely to become the leading Takaful insurer in Jordan over the short to medium term.

Best Takaful Insurance Company Award

 

First Insurance Company obtained the best Takaful Insurance Company award in the MENA region category by the Islamic Business & Finance Review Magazine. In a magazine article, it was stated that First Insurance Company was chosen for this award due to its exceptional growth rate during the past 3 years, considered fastest in Jordan and the region, its high financial solvency placing it on top of Jordanian and Islamic companies in the region, the stability of its unique insurance portfolio in markets beat by automotive and medical insurance, in addition to its diverse client base and unique customer service and product development.

 

 

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