UAE:Insurance industry set to grow with motor profitability improving

By MEIR team | 19 Feb 2024

United Arab Emirates Life & Health Property & Casualty

Gross written premiums (GWP) in the UAE motor insurance sector are set to increase on the back of increased vehicle sales in 2023 with underwriting profitability improving, as premium rates return to pre-pandemic normalised levels, Fitch Ratings said in a new report.

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