UAE – 20% insurance growth in 2017
Saturday, 10 21 2017, Category: Insurance and Reinsurance, Country: U.A.E
The Emirates Insurance Association expects a growth of 20% in the insurance sector in the current year with the unified motor insurance contract as a growth driver. Motor insurance prices went up and contributed to the improved profits of insurers.
Moreover, His Excellency Sultan Bin Saeed Al Mansoori, Minister of Economy and Chairman of the Board of the Insurance Authority said at the 14th Gulf Insurance Forum in Dubai that insurance companies have to invest in the digital insurance including electronic files and services, which will follow the knowledge economy and meet the demands of the customers and the market.
Source: Emarat Al Youm