Emirati insurance market Q1 2025 results

As at 31 March 2025, the United Arab Emirates' insurance market generated a turnover of 23.9 billion AED (6.5 billion USD), reflecting a year-on-year increase of 13.8%.

Premium volume is broken down as follows:

• health insurance: 12.9 billion AED (3.5 billion USD)
• non-life insurance: 9 billion AED (2.5 billion USD)
• life insurance: 2 billion AED (500 million USD)

Claims paid increased by 18.3% to 11 billion AED (3 billion USD).

Technical reserves were up 18.7% year-on-year to 100.1 billion AED (27.3 billion USD).

During the reporting period, assets and shareholders' equity for the market as a whole amounted to 142.1 billion AED (38.7 billion USD) and 31.6 billion AED (8.6 billion USD) respectively.

These preliminary data were published by the Central Bank of the United Arab Emirates (CBUAE).