We are pleased to inform you that AM Best has confirmed that Solidarity First Insurance Company’s  Financial Strength Rating (FSR) is B ++ (Good) for the ninth year in a row and the Issuer Credit Rating (ICR) for the company is “BBB +” as the outlook for both ratings is stable.

Confirmation of credit ratings was a reflection of the company's very strong budget according to AM Best, which resulted from relatively low underwriting expenses and reinsurance programs concluded with the best international assistant professors, in addition to conservative management of the investment portfolio, satisfactory technical results and an appropriate risk management policy.

The international rating agency confirmed the strength of the company's position in the Jordanian insurance market, as it is the third-largest insurance company in terms of total written premiums, as the installments amounted to 46.3 million Jordanian dinars in 2019, and the company has also achieved a strong growth rate over recent years.

In conclusion, we wish to express our sincere thanks and gratitude to all our customers and colleagues, the employees of the company, for their fruitful efforts, and we hope that 2021 will be full of achievement and excellence.

21.jpg