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The UAE insurance market's turnover reached 41 billion AED (11.2 billion USD) as at 30 June 2025, marking a 14.5% increase over the previous year.
Premium volume is broken down as follows:
- 20.7 billion AED (5.6 billion USD) for health insurance
- 16.3 billion AED (4.5 billion USD) for non-life insurance
- 4 billion AED (1.1 billion USD) for life insurance
The amount of claims settled by local insurers rose by 13.4%, reaching 21.5 billion AED (5.9 billion USD).
In the first half of the current financial year, technical provisions amounted to 100.1 billion AED (27.3 billion USD), up 6.3% compared to the same period in 2023.
These provisional figures were reported by the Central Bank of the United Arab Emirates.