Solidarity - First Insurance Company (FIC's),
Going from Strong to Solid
Established in 2007, Solidarity - First Insurance Company is a relatively fresh face on Jordan's crowded insurance market. However, in a short period of time the Company has gone from newcomer to market leader, climbing from 25th place in 2008 to fourth place today in terms of market share. FIC's financial standing has deeply solidified its position as a market leader. Following the acquisition and the merger with Yarmouk Insurance Company, the Company increased its paid-up capital from JOD 24 million to JOD 28 million, maintaining its position as the second highest capitalized insurer in the Kingdom.