UAE:Largest insurer's focus on profitability will sustain strong technical results

By MEIR team | 16 Jun 2024

United Arab Emirates Life & Health Property & Casualty Financial Performance

Orient Insurance has a track record of very strong operating profitability, notes AM Best, adding that in 2023 (under IFRS 17) the insurer generated a return-on-equity ratio of 15.5% and a net-net non-life combined ratio of 85.8% (both as calculated by AM Best).

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