The UAE insurance market: good performance expected in 2017

The UAE insurance market turnover is expected to reach 39.84 billion AED (10.8 billion USD) in 2017.

Non-life insurance will account for nearly 75% of this amount, that is 29.59 billion AED (8 billion USD) against 10.25 billion AED (2.8 billion USD) for the life class of business.

Motor insurance will generate 5.3 billion AED (1.44 billion USD) in premiums, that is 18% of the overall non life underwritings.

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• Insurance industry in the United Arab Emirates