UAE insurance assets hit Dh164.9b as premiums surge 15%

Dubai: The UAE insurance industry's total assets reached Dh164.9 billion in 2025, a 6.1% increase from Dh155.5 billion in 2024, according to the Central Bank of the UAE's annual statistical report. Premiums surged 15% to Dh74.8 billion, while profits grew to Dh4 billion from Dh2.6 billion the previous year, representing a 54% increase.

This growth was observed across various financial indicators, including balance sheets, premium income, claims, and technical provisions. Claims paid by insurers rose 11% to Dh46.2 billion, while technical provisions expanded 4.4% to Dh96.3 billion. The gross written premiums increased 14.9%, outpacing the 11% rise in claims. The premium retention ratio improved to 56% from 54.9% in 2024, indicating that insurers retained a larger portion of the risks they underwrote.

The number of active insurance policies increased to 17.3 million in 2025, with health insurance experiencing a significant surge of 26.1% due to the mandatory basic health insurance scheme. The industry's investment portfolio stood at Dh96.4 billion, equivalent to 58.4% of the total insurance-sector assets. The capital position remained strong, with available capital at 455% of the minimum required level.

The UAE insurance sector is projected to grow by 20% in 2025, with 58 insurance companies and 515 insurance-related professions operating in the country.