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UAE: Insurance market will likely remain profitable

Thursday, 02 25 2021, Category: Insurance and Reinsurance, Country: U.A.E
While there could be some rate increases for motor policies in the second part of the year and for certain reinsurance lines, GWP growth in the UAE insurance market will likely remain relatively flat in 2021, due to economic uncertainty and a decline in the expat population in Dubai and other emirates in 2020-2021, says S&P Global Ratings in a new report.

Source: Middle East Insurance Review
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