Abu Dhabi National Insurance Company (ADNIC), one of the leading regional multi line insurance providers for both corporates and individuals, delivered a solid net profit before tax of AED225.1m ($61.3m) for the first half of 2026. The figure is 13.8% lower compared to AED261.2m in 1H2025.
Businesses in the UAE are leaning more heavily on trade credit to stay competitive, as well as drive growth and strengthen customer relationships.
Miller, the London-headquartered independent specialist (re)insurance broker, has completed its acquisition of Shields Reinsurance Brokers (Shields), an independent reinsurance broker based in Dubai.
Orient Insurance, the leading insurance company in the UAE, has announced strong financial results for the first half of 2026.
Sukoon Insurance, among the UAE's five biggest insurers, has announced its financial results for the first half of 2026, delivering a strong performance across its core business lines and building on the positive momentum achieved at the start of the year.
The Dubai Conflict of Jurisdiction Tribunal (CJT) has clarified which Dubai court has jurisdiction to hear a reinsurance dispute concerning claims arising from the unprecedented April 2024 floods, according to the global law firm Clyde &Co.
GIG Gulf has joined a small number of insurers that have begun to offer some form of war risk cover.
The UAE economy has shown remarkable resilience to the conflict in the Middle East, according to an International Monetary Fund (IMF) staff team led by Mr Said Bakhache, which visited Abu Dhabi and Dubai during July 7-16, 2026, to discuss recent economic and financial developments, the outlook, and the authorities' policy priorities.
The total population of the Gulf Cooperation Council (GCC) countries is estimated at 62.8m in 2025, with an average annual growth of 3.5%, according to the GCC Statistical Centre (GCC-Stat). GCC states accounted for around 0.8% of the world's population.
Abu Dhabi-headquartered Al Ain Ahlia Insurance Co (AAAIC) has reported slower topline growth and weaker underwriting results than similarly rated peers over the past few years, noted S&P Global Ratings (S&P).