Financial Overview

MEICO, with a Shareholders' Equity of JD.35.4 Million ranks as the second largest insurer in Jordan. In addition, JD.16 Million being appreciation in the value of assets are not included in the aforementioned figure.

A.M. Best, a worldwide insurance-rating and information agency, has affirmed MEICO's financial strength rating of B++ (Good) and the issuer credit rating of "bbb". The ratings of MEICO continue to reflect its sound domestic franchise, divers business profile, good technical profitability and strong risk-adjusted capitalization.