UAE: Insurance sector's 2025 financial results reflect sustained premium rate increases
Source: Middle East Insurance Review | Jun 2026
The UAE insurance sector delivered a strong performance in 2025, demonstrating broad-based improvement across both conventional and takaful portfolios, according to an update by BADRI Management Consultancy, based on listed insurers’ audited financial statements.
In its report titled “UAE Listed Insurance Industry Performance Analysis – Year 2025”, BADRI notes that the aggregate insurance revenue for the 28 listed companies in the market grew by 17% to AED51.2bn [$13.9bn] (2024: AED44.0bn), reflecting sustained premium rate increases, disciplined underwriting, and continued demand in Medical and Property & Liability lines.
The combined insurance revenue of the top five companies was AED35.1bn, a 17% increase from AED30.0bn in 2024, while that of the remaining insurers collectively grew by 16% to AED6.2bn. The top five insurers in terms of insurance revenue were Orient, ADNIC, National Health Insurance Company – DAMAN, Sukoon and Dubai Insurance.
The combined profit before tax of the 28 insurers increased sharply by 52% to AED4.1bn (2024: AED2.7 bn), driven by both top-tier and mid-sized insurers. The top five profit generators saw their profits rise by 32% to AED3.0bn, while the remaining insurers achieved an impressive 158% growth to AED1.0 bn. The top five most profitable insurers were Orient, DAMAN, ADNIC, Sukoon and Dubai Insurance.
Looking ahead, BADRI said the sector is well-positioned for continued growth but warned that insurers must maintain disciplined underwriting, strong capital management and proactive solvency remediation amid potential rises in reinsurance costs. M