UAE:4.9m vehicle insurance policies worth US$1.6bn issued in 2023

By MEIR team | 17 Oct 2024

The total motor insurance premiums generated in 2023 amounted to about AED5.9bn ($1.6bn), of which AED4.3bn was accounted for by locally incorporated companies and AED1.6bn by foreign insurers, according to data released by the Central Bank of the UAE.

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