Sukoon Insurance has announced a 56% year-on-year (YoY) surge in profit before tax to AED303.2m ($82.3m) for the first three quarters of this year (3Q2025), exceeding its full-year 2024 profit.
Swiss Re has appointed Mr Mathieu Henry as UAE market head, P&C reinsurance. He will be based in Zurich, overseeing reinsurance activities in the region.
The UAE has once again demonstrated its leadership in health and well-being, achieving a Vitality score of 73.3 and Overall Well-Being score of 70%, placing it second in the world in the latest Cigna International Health Study 2025, released yesterday by Cigna Healthcare. In comparison, in 2024, the UAE reported a vitality score of 72.5, which is also considered high.
The National Insurance Company - Daman, a subsidiary of PureHealth Group, the largest healthcare group in the Middle East, has reaffirmed its long-standing commitment to women's health and preventive care through a month-long series of awareness initiatives designed to educate, empower, and encourage early breast cancer detection.
The insurance markets in the GCC are witnessing profound transformation in various aspects of their operations, with growth expected to continue in the current year, propelled by several favourable factors, participants of the 20th Gulf Insurance Forum in Dubai were told.
Many electric vehicle (EV) owners are opting for third-party insurance, which is cheaper than comprehensive insurance, to avoid higher premiums.
Shareholders of Islamic Arab Insurance Company (Salama), one of the UAE's leading takaful providers, have approved a capital reduction and subsequent capital increase as part of a comprehensive plan to restore solvency and reinforce its financial position in line with regulatory requirements of the Central Bank of the UAE (CBUAE).
The UAE's health insurance sector is undergoing rapid change, marked by steep premium hikes, increased utilisation, and a shift away from traditional pricing structures, according to Pacific Prime, a global health insurance brokerage, and risk management and employee benefits specialist.
The UAE government has issued a Federal Decree Law regarding the Central Bank, and the regulation of financial institutions, including insurance companies.
Nas Neuron Health Services has surpassed 2m insured members, marking a major milestone in its growth and reinforcing its position as the UAE's leading health insurance TPA.