Listed GCC insurers saw overall earnings decline in 1Q2025, with net profits slipping by 1.4% to $628m from $637m in 1Q2024, according to a report by research and consulting firm Insurance Monitor and Lux Actuaries and Consultants.
Dubai Insurance Company (DIN), among the top five insurers in the UAE in terms of insurance revenue and net profit, has a track record of strong operating performance supported by robust underwriting results and steady investment income, says AM Best.
The Ministry of Finance has commissioned global professional services firm Ernst & Young (EY) to evaluate the performance of government-owned (re)insurance companies.