newton holds its 30th General Assembly meeting
newton insurance held its 30th General Assembly meeting in the presence of the Board of Directors, the executive management and shareholders representing 80.205% of the capital.…
newton insurance held its 30th General Assembly meeting in the presence of the Board of Directors, the executive management and shareholders representing 80.205% of the capital. The meeting approved the financial and administrative reports for the financial year ended 31 December 2025 and elected Al Othman International Group as the company’s auditors for 2026.
The company achieved a net profit of JOD 653,403, with premiums growing by 20% to bring the insurance portfolio to around JOD 16 million, while claims fell by 5.3%, reflecting improved technical and underwriting performance.
Chairman of the Board Eng. Faris Gammoh reviewed the company’s main achievements and future plans, stressing continued work on developing services and strengthening the company’s position in the local insurance market. First-quarter 2026 results showed notable growth, with written premiums up 100% and net profit after tax of around JOD 202 thousand, compared with JOD 77 thousand for the same period last year.
Through its positive results and future plans, the company affirmed its commitment to continued growth and to developing its insurance services, strengthening the trust of shareholders and clients and reinforcing its position as a leading company in the Jordanian insurance market.
