Topic: Insurance industry in UAE

Insurance industry in the United Arab Emirates - statistics & facts

The market size of the insurance industry in the United Arab Emirates (UAE) was valued at 12.4 billion U.S. dollars, making it the second largest in the Gulf Cooperation Council (GCC) region. The ownership of insurance in the UAE is around 96 percent, which is the highest rate among the Middle Eastern countries. The UAE also has the highest insurance penetration rate in the GCC region .

Market size of UAE insurance industry
*****bn USD

Number of insurance companies domiciled and operating in the UAE
**

Life insurance penetration rate the UAE
***%

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Current statistics on this topic

Insurance

Insurances taken out online by type in the UAE 2023

Insurance

Most common insurances by type in the UAE 2024

Insurance

Attitudes towards insurances in the UAE 2024

Global Insrance market

Value of takaful assets worldwide 2022, by region
Value of takaful assets worldwide 2022, by region
Value of takaful assets worldwide in 2022, by region (in billion U.S. dollars)
Leading insurance companies globally 2024, by revenue
Leading insurance companies globally 2024, by revenue
Leading global insurance companies worldwide in 2024, by revenue (in billion U.S. dollars)
50 biggest insurance companies worldwide 2026, by market cap
50 biggest insurance companies worldwide 2026, by market cap
Ranking of the world's insurance groups with the highest market capitalization as of July 21, 2026 (in billion U.S. dollars)

GCC regional overview

Insurance penetration rate in the GCC 2011-2024
Insurance penetration rate in the GCC 2011-2024
Rate of insurance penetration in the Gulf Cooperation Council from 2011 to 2024
Insurance industry market growth in GCC 2023-2028 by country
Insurance industry market growth in GCC 2023-2028 by country
Compound annual growth rate (CAGR) of the insurance industry in the Gulf Cooperation Council between 2023 and 2028, by country*
Insurance market size in GCC by country 2024
Insurance market size in GCC by country 2024
Value of the insurance market in the Gulf Cooperation Council in 2024, by country (in billion U.S. dollars)
Insurance industry market size in GCC 2011-2024 by segment
Insurance industry market size in GCC 2011-2024 by segment
Market size of the insurance industry in the Gulf Cooperation Council from 2011 to 2024, by segment (in billion U.S. dollars)
Insurance company market capitalization in GCC 2022
Insurance company market capitalization in GCC 2022
Market capitalization of insurance companies in the Gulf Cooperation Council as of 2022 (in million U.S. dollars)
GCC citizen workers covered by social security insurance in member states 2021
GCC citizen workers covered by social security insurance in member states 2021
Share of Gulf Cooperation Council citizen workers covered by social security insurance in other member states in 2021, by country of employment

UAE insurance market size

Non-life insurance market size in the UAE 2010-2022
Non-life insurance market size in the UAE 2010-2022
Value of the non-life insurance market in the United Arab Emirates from 2010 to 2022 (in billion U.S. dollars)
Non-life insurance market share in the UAE 2024 by insurance type
Non-life insurance market share in the UAE 2024 by insurance type
Distribution of the non-life insurance market in the United Arab Emirates in 2024. by insurance type
Insurance industry market size forecast in the UAE 2025-2030 by segment
Insurance industry market size forecast in the UAE 2025-2030 by segment
Projected market size of the insurance industry in the United Arab Emirates from 2025 to 2030, by segment (in billion U.S. dollars)
Earnings ratio of listed insurance companies UAE 2018-2022
Earnings ratio of listed insurance companies UAE 2018-2022
Earnings ratio of the listed insurance companies in the United Arab Emirates from 2018 to 2022
Return on investment of listed insurance companies UAE 2018-2022
Return on investment of listed insurance companies UAE 2018-2022
Return on investment (ROI) of the listed insurance companies in the United Arab Emirates from 2018 to 2022
Loss ratio of listed insurance companies UAE 2018-2022
Loss ratio of listed insurance companies UAE 2018-2022
Loss ratio of the listed insurance companies in the United Arab Emirates from 2018 to 2022
Expense ratio of listed insurance companies UAE 2018-2022
Expense ratio of listed insurance companies UAE 2018-2022
Expense ratio of the listed insurance companies in the United Arab Emirates from 2018 to 2022
Combined ratio of listed insurance companies UAE 2018-2022
Combined ratio of listed insurance companies UAE 2018-2022
Combined ratio of the listed insurance companies in the United Arab Emirates from 2018 to 2022

Leading insurance companies in UAE

Percentage change in GWP of top 5 listed insurance companies based on GWPUAE 2022
Percentage change in GWP of top 5 listed insurance companies based on GWPUAE 2022
Percentage change in the gross written premiums (GWP) of the top 5 listed insurance companies based on GWP in the United Arab Emirates in 2022
Percentage change in NEP of top 5 listed insurance companies based on NEPUAE 2022
Percentage change in NEP of top 5 listed insurance companies based on NEPUAE 2022
Percentage change in the net earned premium (NEP) of the top 5 listed insurance companies based on NEP in the United Arab Emirates in 2022
Percentage change in PBT of top 5 listed insurance companies based on PBT UAE 2022
Percentage change in PBT of top 5 listed insurance companies based on PBT UAE 2022
Percentage change in the profit before tax (PBT) of the top 5 listed insurance companies based on PBT in the United Arab Emirates in 2022
Percentage change in PBT of bottom5 listed insurance companies based on PBT UAE 2022
Percentage change in PBT of bottom5 listed insurance companies based on PBT UAE 2022
Percentage change in the profit before tax (PBT) of the bottom 5 listed insurance companies based on PBT in the United Arab Emirates in 2022

Profits of the Insurance industry

Underwriting profit of top 3 listed insurance companies UAE 2018-2022
Underwriting profit of top 3 listed insurance companies UAE 2018-2022
Total underwriting profit (UW profit) of the top 3 listed insurance companies in the United Arab Emirates from 2018 to 2022 (in billion United Arab Emirates Dirham)
Total profit of listed insurance companies UAE 2018-2022
Total profit of listed insurance companies UAE 2018-2022
Total profit of the listed insurance companies in the United Arab Emirates from 2018 to 2022 (in billion United Arab Emirates Dirham)
Underwriting profit of listed insurance companies UAE 2018-2022
Underwriting profit of listed insurance companies UAE 2018-2022
Total underwriting profit (UW profit) of listed insurance companies in the United Arab Emirates from 2018 to 2022 (in billion United Arab Emirates Dirham)
Percentage change in profit before tax of listed insurance companies UAE 2019-2022
Percentage change in profit before tax of listed insurance companies UAE 2019-2022
Percentage change in the profit before tax (PBT) of the listed insurance companies in the United Arab Emirates from 2019 to 2022
Profit before tax of listed insurance companies UAE 2018-2022
Profit before tax of listed insurance companies UAE 2018-2022
Total profit before tax (PBT) of the listed insurance companies in the United Arab Emirates from 2018 to 2022 (in billion United Arab Emirates Dirham)

Market size of UAE insurance industry
*****bn USD

Number of insurance companies domiciled and operating in the UAE
**

Life insurance penetration rate the UAE
***%

Key figures

The most important key figures provide you with a compact summary of the topic of "Insurance industry in UAE" and take you straight to the corresponding statistics.

- Market share
- ****%
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Detailed statistics
Insurance industry market share in UAE by company 2015
- Change in gross written premium (GWP)
- **%
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Detailed statistics
Percentage change in GWP of top 5 listed insurance companies based on GWPUAE 2022
- Net value
- ***m USD
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Detailed statistics
Insurance company net profits in GCC 2022

- Market share
- ****%
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Detailed statistics
Insurance industry market share in UAE by company 2015
- Change in gross written premium (GWP)
- **%
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Detailed statistics
Percentage change in GWP of top 5 listed insurance companies based on GWPUAE 2022
- Net value
- ***m USD
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Detailed statistics
Insurance company net profits in GCC 2022

- Market share
- ***%
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Detailed statistics
Market share of insurance companies UAE 2022, by insurance company
- Change in gross written premium (GWP)
- **%
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Detailed statistics
Percentage change in GWP of top 5 listed insurance companies based on GWPUAE 2022
- Net value
- ****m USD
Log in or register to access full data.
Detailed statistics
Insurance company net profits in GCC 2022

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Insurance industry in the United Arab Emirates - statistics & facts

Key insights