Company Gulf Insurance Group - Jordan

Equities

GIGJ

JO2101411012

Property & Casualty Insurance

End-of-day quote Amman S.E. 06:00:00 2024-04-22 pm EDT 5-day change 1st Jan Change
1.91 JOD +4.95% Intraday chart for Gulf Insurance Group - Jordan +3.24% +7.30%

Business Summary

Gulf Insurance Group Jordan is a Jordan-based company that provides a range of insurance and reinsurance products and services except life. The Company’s products and services portfolio falls into the following business segments: Medical Insurance, which includes group medical insurance and individual medical insurance; Motor Insurance, which includes metallic and grand metallic insurance; Marine, Aviation & Energy, which includes marine cargo, marine hull, aviation, yachts & pleasure crafts, as well as land, air and sea freights insurance; Property Insurance, which includes corporate and individual insurance; General Insurance, which includes engineering insurance, money insurance, bankers blanket bond, fidelity guarantee and workmen’s compensation insurance, among others, as well as Travel Insurance, which includes medical, surgical, pharmaceutical and hospital expenses coverage, plus repatriation of the corpse upon death insurance.

Number of employees: 407

Sales per Business

JOD in Million2021Weight2022Weight Delta
Medical
55.5 %
52 56.1 % 55 55.5 % +6.55%
Motor
26.6 %
22 24.1 % 26 26.6 % +18.47%
Fire and Damages Property
10.8 %
12 12.5 % 11 10.8 % -7.01%
Others
3.6 %
4 4.0 % 4 3.6 % -1.75%
Marine
1.8 %
2 1.8 % 2 1.8 % +5.97%
Liability
1.4 %
1 1.5 % 1 1.4 % +4.78%
Aviation
0.3 %
0 0.0 % 0 0.3 % -

Sales per region

JOD in Million2021Weight2022Weight Delta
Jordan
99.8 %
92 99.5 % 100 99.8 % +9.05%
International
0.2 %
0 0.5 % 0 0.2 % -51.50%

Managers

Managers TitleAgeSince
Chief Executive Officer - 18-02-26
Chairman 67 12-12-31
Director of Finance/CFO 46 -
Chief Operating Officer 52 03-12-31
Chief Tech/Sci/R&D Officer 51 -
General Counsel - -
Comptroller/Controller/Auditor - 22-01-31
Corporate Officer/Principal - 14-12-31
Corporate Officer/Principal 42 05-08-31
Corporate Officer/Principal 55 96-12-31

Members of the board

Members of the board TitleAgeSince
Chairman 67 12-12-31
Director/Board Member 71 -
Director/Board Member 60 -
Director/Board Member 69 -
Director/Board Member 73 -
Director/Board Member 62 -
Director/Board Member 46 -

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 26,000,000 1,216,800 ( 4.680 %) 0 4.680 %

Shareholders

NameEquities%Valuation
Uimad Abdullah & Partners Co.
82.23 %
21,851,000 82.23 % 57 M JOD
919,999 3.462 % 2 M JOD
658,666 2.479 % 2 M JOD
654,000 2.461 % 2 M JOD
Russell Investments Ltd.
0.1350 %
35,886 0.1350 % 93 638 JOD

Holdings

NameEquities%Valuation
1,595,000 1.45% 4,049,370 $
1,541,600 1.93% 1,565,510 $

Company contact information

Gulf Insurance Group Jordan

Abd Al Minem Ryadh Street Jabal Amman

11121, Amman

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http://www.gig.com.jo
address Gulf Insurance Group - Jordan(GIGJ)
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