UAE Insurance Industry report: Preliminary results for year-end 2022
Milliman’s 2022 insurance industry report for the United Arab Emirates presents a comprehensive market overview, including developments and regulatory updates for the country. The report covers trends in metrics such as gross written premium (GWP), net profit, net profit ratio, shareholders equity, return on shareholder’s equity, and distribution of shareholder’s assets. The data is based on the preliminary disclosures of 24 companies and audited reports of five companies of the UAE insurance companies listed on the Abu Dhabi Securities Exchange (ADX) and Dubai Financial Market (DFM).
Explore more tags from this article
About the Author(s)
UAE Insurance Industry report: Preliminary results for year-end 2022
Business volumes continued to increase as the industry continues its recovery from the COVID-19 pandemic; however profits reduced in 2022 compared to 2021 due to competitive pressures.