The UAE is the largest Arab ins. market in 2019
Saturday, 07 11 2020, Category: Insurance and Reinsurance, Country: U.A.E
The UAE ranked first in the Arab region, in terms of total insurance premiums, which amounted to more than 46.7 billion dirhams in 2019, compared to 43.7 billion dirhams in 2018, with a growth rate of about 6.8%, according to the annual survey of "Swiss Re".
The survey, which Emirates Today obtained, showed that the total life insurance premiums in the UAE market reached about 9.75 billion dirhams in 2019, compared to 9.51 billion dirhams in the previous year, with a growth rate of about 2.6%.
The annual survey also showed that the total (non-life) general insurance premiums reached 36.9 billion dirhams, compared to 34.2 billion in 2018, with a growth rate of 8%.
Source: Teller Report