UAE – AED 4.89 Billion GWP of unified motor contract
Thursday, 06 21 2018, Category: Insurance and Reinsurance, Country: U.A.E
The premiums of the unified motor insurance contracts issued by national and foreign insurance companies reached AED 4.89 billion during the first year of its implementation in 2017 according to “BMI” a research company owned by the “Fitch” rating agency.
According to the report of “BMI” on the insurance sector in the country during the first half of year 2018, the regulations issued by the Insurance Authority during the past year played a vital role in maintaining stability in the sector despite the local and international economic challenges.
Source: Al Ittihad