UAE – AED 15 B ins. health claims in 2017
Friday, 08 03 2018, Category: Insurance and Reinsurance, Country: U.A.E
The 2017 annual report of the Insurance Authority showed that the total claims paid and incurred in the health insurance sector reached AED 15.13 billion whereas motor claims reached AED 5.5 billion.
Moreover, the report clarified that total claims reached AED 37.5 billion.
Furthermore, the total written premiums in year 2017 reached AED 44.8 billion compared to AED 40 billion in year 2016 i.e. a growth of 12%.
Source: Emarat Al Youm