UAE – AED 37 billion insurance premiums in 2015
Thursday, 06 16 2016, Category: Insurance and Reinsurance, Country: U.A.E
The Insurance Authority announced that the insurance premiums written in the country during year 2015 reached approximately AED 37 billion increasing by more than 10% compared to year 2014 according to preliminary estimates.
This statement was made during a meeting organized by the Authority in Abu Dhabi in the presence of senior officials and managers of national and foreign insurance companies operating in the country, insurance-related professionals and other insurance stakeholders.
The Director General of the Insurance Authority H.E. Ebrahim Obaid Al Zaabi confirmed that the insurance sector in the UAE is developing from year to year in light of the efforts made to regulate the market and the performance of operating companies in order to follow the economic development of the country and cope with the different challenges.
Source: Emirates News Agency