Al-Nisr Al-Arabi Insurance Company was founded in 1976 by Societe Nationale D’Assurances (now part of Allianz group).
Al-Nisr Al-Arabi Insurance Company is one of the leading insurance companies in Jordan, with business activities including the full range of Life, Medical, Marine, Fire, Engineering, Liability and General Accidents insurances.
In May 2006, a strategic partnership with the Arab Bank was formed, whereby the bank acquired a majority stake in Al-Nisr. The new partnership created between the Allianz Group and the Arab Bank, through Al-Nisr Al-Arabi, was a major initiative that included the launching of a full bancassurance (BIM) operation in Jordan, and which propelled the company into a higher level of growth and profitability.
Al-Nisr Al-Arabi Insurance Company’s mission statement is “Dedicating our resources towards providing clients with the finest service at competitive terms; satisfying our shareholders with sustainable growth and optimum return; rewarding our employees amid an environment of continual learning and personal development; partnering with our society to create a better tomorrow.”