UAE Insurance Sector Assets Reach AED164.9 Billion, Up 6.1%
UAE's insurance sector continued its robust growth in 2025, with improvements across key performance indicators. This includes:
- Higher Gross Written Premiums: AED74.8 billion, a 14.9% increase from 2024.
- Rising Paid Claims: AED46.2 billion, up by 11%.
- Enhanced Technical Provisions: AED96.3 billion, growing by 4.4%.
- Total Assets: AED164.9 billion, an increase of 6.1% from the previous year's AED155.5 billion.
Invested assets stood at AED96.4 billion, accounting for 58.4% of the sector's total assets, highlighting its significant contribution to investment and the national economy.
In terms of financial performance:
- Total Profits: AED4 billion, up from AED2.6 billion in 2024.
- Premium Retention Ratio: Increased to 56% from 54.9% in 2024.
The industry's growth is supported by:
- An expanding customer base, with 17.3 million active insurance policies.
- A 26.1% surge in health insurance policies post the implementation of the mandatory basic health insurance scheme.
- 58 insurance companies operating in the UAE.
- 515 insurance-related professions.
Key financial indicators:
- Available capital: 455% of the minimum required level.
- Insurance density: Around AED6,500 per capita.
These indicators demonstrate the sector's robust capital base and extensive insurance coverage, enabling it to support economic growth and meet the needs of the growing UAE economy. The 2025 figures highlight the insurance sector's pivotal role in the country's financial stability, investment, and risk management, as well as its contribution to the overall competitiveness of the business environment.