News Middle East19 Nov 2018

UAE:Listed insurers see 30% rise in combined profit in first 9 months

| 19 Nov 2018

The 30 listed insurance companies in UAE have reported a combined profit of AED1,420m ($387m) in the first nine months of this year as compared to AED1,092m for the corresponding period in 2017 and AED778m in the same period of 2016. This translates to a CAGR of 35%, says Badri Management Consultancy, a boutique actuarial consulting firm.

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