GCC:Listed insurers post $2.1bn profit in FY2024, despite challenges

By MEIR team | 08 Apr 2025

GCC Property & Casualty Financial Performance Life & Health

Despite headwinds including severe weather and the UAE's new 9% corporate tax, 78 listed GCC insurers reported a total after-tax profit of $2.1bn in FY2024, according to the latest "GCC Performance Periodical" by research and consulting firm Insurance Monitor and Lux Actuaries and Consultants.

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