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Leading global health insurance provider Aetna International has signed a strategic partnership deal with Humanis, a French insurance group currently insuring 10 million people with 700,000 corporate clients. The partnership will increase access to global healthcare solutions for large corporations and French expats around the world, while also expanding Aetna International’s already-growing global reach.

Insurance companies operating in Jordan face challenging market conditions, with competition eroding technical margins, coupled with exposure to political, economic and financial system risks, according to a new market segment report by A.M. Best. Furthermore, the high number of players and concentration on the motor and medical insurance segments has intensified competitive pressures. Tariffs imposed by the government on motor business have further strained underwriting profitability over recent years.