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The Central Bank of the United Arab Emirates (CBUAE) has published its preliminary data on the insurance market as at 30 September 2023.
Figures in billions
| Business indicators | 30 September 2023 | 30 September 2022 | Evolution (1) | ||
|---|---|---|---|---|---|
| AED | USD | AED | USD | ||
| Turnover | 42 | 11.4 | 36.7 | 10 | 14.40% |
| Settled claims | 23.1 | 6.3 | 18.7 | 5.1 | 23.50% |
| Technical provisions | 75 | 20.4 | 68.8 | 18.7 | 9% |
| Invested assets | 74.4 | 20.3 | 72.2 | 19.7 | 3% |
| Total assets | 131.6 | 35.8 | 118.2 | 32.2 | 11.30% |
| Shareholder's equity | 27.9 | 7.6 | 27.1 | 7.4 | 3% |
1 Evolution in local currency (AED) Exchange rate as at 30/09/2023: 1 AED = 0.27222 USD; at 30/09/2022: 1 AED = 0.27221 USD
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