UAE: Insurance gross premiums rise nearly 15% in 1H2025
Source: Middle East Insurance Review | Nov 2025
Gross written premiums rose by 14.5% y-o-y to AED40.9bn ($11.1bn) in 1H2025, driven largely by a 17.8% increase in property and liability insurance, a 12.7% rise in health insurance, and an 11.2% gain in life insurance and savings.
Gross paid claims increased by 13.4% y-o-y to AED21.5bn in 1H2025, comprising property and liability insurance claims of AED8.0bn, health insurance claims of AED12.3bn and insurance of persons and fund accumulation claims of AED1.2bn.
In 1H2025, the total technical provisions increased by 6.3% y-o-y to AED100.1bn.
The volume of invested assets in the insurance sector reached AED84.4bn (57.2% of total assets) as of 30 June 2025, up from AED78.7bn (50.9% of total assets) at mid-2024.
The retention ratio was 52.5% in 1H2025, compared to 53.1% in the corresponding half of the previous year.
The UAE insurance sector remained well-capitalised. Its Own Funds to Minimum Capital Requirement ratio increased to 423.4% at the end of 2Q2025, compared to 376.0% as of 30 June 2024. M