Al Nisr Al Arabi Insurance Company sponsors the Little Leagues Sports Tournament

Press release

Published June 5th, 2011 - 10:48 GMT

Little teams at the Little Leagues Sports Tournament

Al Nisr Al Arabi Insurance Company supported the Little Leagues Sports Tournament through sponsoring students’ teams in the football and basketball championships. This initiative is a continuation of Al Nisr Al Arabi support for students’ sports events throughout the past years.

Al Nisr Al Arabi sponsored teams in the basketball and football tournaments from four schools including New English School, Rosary College- Marj Al-Hamam, CMS and the Orthodox School.

This initiative reflects Al Nisr Al Arabi strong belief in the importance of sports and physical activity for children, in addition to the Company’s commitment to engage itself in Social Responsibility activities that reaches children and youth who form a dynamic segment of the Jordanian community.

The sports tournament started in March and continued until the 19^th of May whereby four teams holding the name of Al Nisr Al Arabi competed in all of the four schools. The Company has also presented awards for winners during the League ending ceremony.

Background Information

Al Nisr Al Arabi Insurance Company

Al-Nisr Al Arabi Insurance Company was founded in 1976 by Societe Nationale D’Assurances (now Allianz-SNA) and is one of the leading insurance companies in Jordan with business activities that include the full range of Life, Medical, Marine, Motor, Fire, Engineering, Liability and General Accidents insurances. May 2006 witnessed a major step for Al-Nisr Al-Arabi through a Strategic Partnership with the Arab Bank, whereby the bank acquired a majority stake in Al-Nisr.

Consequently, the new partnership created between the Allianz Group and the Arab bank through Al-Nisr Al- Arabi is a major initiative that includes the launching of a full Bancassurance operation in Jordan, and which promises to propel the company into a higher level of growth and profitability.