Escalating hostilities in the Middle East have halted shipping transits, grounded flights across major regional hubs, and raised the risk of missile strikes on commercial infrastructure, increasing underwriting uncertainty across multiple insurance lines, said Mr Fareed Lutfi, Secretary-General of the Emirates Insurance Association.
Howden has announced leadership appointments and regional structure changes to better serve clients and insurer partners. According to a statement from the firm, these changes will more closely align expertise and shape the business to bring all of its growing capabilities and talent to clients across regional borders.
The UAE's healthcare and insurance sector has historically demonstrated a high level of resilience due to strong regulatory frameworks, advanced digital infrastructure and well-established healthcare provider networks, according to GlobeMed Gulf Healthcare Solutions CEO Ms Nada Majdalani.
Global trade credit insurance company, Atradius, says that Qatar is the country among the six GCC states that is most exposed to the on-going military escalation in the Middle East.
The ongoing Iran-Israel military conflict that erupted on 28 February 2026 followed weeks of mounting tensions. But what began as a highly anticipated conflict has now surpassed expectations in both intensity and impact.
Miller, the independent specialist (re)insurance broker, has agreed to acquire Shields Reinsurance Brokers (Shields", an independent reinsurance broker based in Dubai, subject to regulatory approval.
Specialist (re)insurance broker AI12 has appointed Mr Jamie Eaton as Head of Financial Lines in the Dubai International Financial Centre.
Union Insurance Company has announced that its net profit jumped by 20% to AED45.97m ($12.52m) in 2025 from AED38.3m in 2024.
Insurance companies in the UAE ramped up traffic awareness campaigns and expanding their online services ahead of Ramadan, which began last week.
The UAE listed insurance industry closed 2025 with solid momentum, with a combined net profit surging by 47% to AED3.7bn ($1.01bn) compared to AED2.5bn in 2024, according to BADRI Management Consultancy, a Dubai-headquartered international actuarial and risk consultancy firm.