Arab Insurance Industry Leaders Have Convened
The 35th General Arab Insurance Federation conference brings leaders to Jordan to discuss regional industry growth and resilience.
Updated on Oct. 5, 2026 in Insurance
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Industry professionals gathered at the King Hussein Bin Talal Convention Centre for the General Arab Insurance Federation's 35th general conference. The event focuses on foundational strategies for the insurance sector amid ongoing regional market developments.
Why it matters
The conference aims to address systemic industry challenges and bolster resilience through new risk-transfer frameworks. These discussions influence how insurance products are structured and managed across the region for household and commercial policyholders.
Jordanian insurance premiums reached $1.2 billion in 2025, marking a 6 per cent increase. This growth is supported by $1.8 billion in total sector assets.
The players
General Arab Insurance Federation
An industry organization that coordinates insurance standards and represents insurance entities across the Arab world.
Jordan Insurance Federation
An industry association that represents insurance companies in Jordan and advocates for the development of local insurance markets.
The details
The event highlights a transition toward modernized legal frameworks, such as the Insurance Contracts Law of 2026, which defines standardized tools for risk transfer. By standardizing these contracts, the sector aims to improve how coverage is applied to policyholders while maintaining regional financial stability. These regulatory shifts often precede changes in how insurers calculate risk and price policies for households.
Timeline
The conference was inaugurated on October 5, 2026.
The conference is scheduled to conclude on October 7, 2026.
Money Landscape
The regional insurance sector is currently working to close the gap between its historical premium contributions, which totaled 1.7 per cent of regional GDP in 2020, and the 7 per cent global average. This effort is central to the broader push for market maturity and increased consumer protection.
Policyholders should review their existing coverage documents to ensure they understand current terms before new regional regulations take full effect. Consult with a licensed insurance professional to determine how updated industry contracts might alter your specific protection and premium costs.
The takeaway
The insurance industry is currently prioritizing a return to foundational stability through new legal frameworks that standardize risk management. Policyholders should monitor for updates in policy language or coverage requirements as these industry-wide changes are implemented.
Further reading
For broader trends affecting your coverage, visit Insurance.
Source note: This article includes information reported by Jordan Times.
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