Acquiring Company
Jerusalem Insurance Company
Acquired Company
Arabia Insurance Company - Jordan
AmmanAmmanFinancial ServicesEmployee BenefitsInsurtechInsuranceEmployee BenefitsInsuranceDescription
Jerusalem Insurance Company has successfully completed its merger with Arabia Insurance Company - Jordan. The merger has raised the company's capital to JD17.7 million and marks a strategic milestone for growth. Jerusalem Insurance assumes all rights and obligations of the merged company, aiming to enhance its competitive position in the market. The integration process will ensure continuity of services and stakeholder interests.
M&A Insights
Based on deal dataFrequently asked
Who acquired Arabia Insurance Company - Jordan?
Arabia Insurance Company - Jordan was acquired by Jerusalem Insurance Company, based in Amman. The deal was reported on August 9, 2026. Jerusalem Insurance Company is a leading provider of insurance solutions in Jordan. The company focuses on delivering advanced and efficient insurance services to its clients. Jerusalem Insurance Company is privately held and operates in Financial Services.
When did Jerusalem Insurance Company acquire Arabia Insurance Company - Jordan?
Jerusalem Insurance Company's acquisition of Arabia Insurance Company - Jordan was reported on August 9, 2026. Jerusalem Insurance Company has successfully completed its merger with Arabia Insurance Company - Jordan. The merger has raised the company's capital to JD17.7 million and marks a strategic milestone for growth. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Arabia Insurance Company - Jordan do?
Arabia Insurance Company - Jordan was an established firm in the insurance sector. It provided a range of insurance products and services to its clients. The company has been deregistered following its merger with Jerusalem Insurance Company. It is privately held, operating in Employee Benefits, and is based in Amman.