UAE - AED 15 B bill to treat the insured in 2018
Thursday, 07 11 2019, Category: Insurance and Reinsurance, Country: U.A.E
The total cost of the health insurance bill for the insured was 15.1 billion dirhams, which was paid by the insurance companies during the past year. Data released by the insurance agency obtained by Emirates Insurance today showed that the total claims incurred in the health insurance branch reached 15.2 billion dirhams last year.
The cost of health insurance bill for the insured was 15.1 billion dirhams, paid by insurance companies during the past year.
According to data released by Emirates Insurance, a total of 15.2 billion dirhams was paid last year and 15.1 billion dirhams were actually paid.
According to the data, the health insurance branch ranked first in the insurance claims last year, as well as in the amount of written premiums, which recorded 18.8 billion dirhams.
The Emirate of Dubai recorded the highest total paid claims, reaching AED 10 billion and the rest distributed across the UAE.
The Authority added that the number of health insurance documents registered last year 2.9 million documents worth 19 billion dirhams, while the number of health insurance claims management companies 26 insurance companies.
The statistics show that the Emirate of Abu Dhabi ranked first in the issuance of insurance documents with 1.5 million documents followed by Dubai in second place with 1.066 million documents, while Sharjah replaced third with 50.6 thousand documents, followed by Ras Al Khaimah with 11.4 thousand documents, A document, and finally Fujairah number 3700 thousand documents.
The total number of documents is 2.9 million documents, both inside and outside the country, with 2.65 million documents, while the number outside the country is 259,000.
Source: Teller Report