The heavy rains that fell on 19 December 2025 has led to increases of around 20% in claims, a level regarded as 'acceptable' by the insurance sector, according to industry executives.
Malakut Group, a multinational insurance and reinsurance broker, has announced that Mr Sagar Mehta has joined the firm as Director to strengthen the company's M&A and Transactional Risk Practice, supporting clients across the Middle East and international markets.
The UAE is taking steps to expand mandatory early cancer screening nationwide, with federal health authorities planning to link preventive tests to health insurance requirements, Minister of Health and Prevention Ahmed Al Sayegh told the Federal National Council (FNC) on 7 January 2026.
The UAE insurance industry will witness further growth and development in 2026 and the following years, Mr Khaled Mohammed Al Badi, Chairman of the Emirates Insurance Federation (EIF) and the Gulf Insurance Federation, has said.
Islamic Arab Insurance Company-Salama has activated a capital reduction on Dubai Financial Market, the Shariah-compliant insurer said in a statement lodged with the Dubai Financial Market.
Malakut, a multinational insurance and reinsurance broker, has appointed Mr Sajith Kumar as Chief Commercial Officer, Middle East, based at the company's Dubai headquarters.
The UAE's insurance market is expected to maintain double-digit growth in 2026, driven by the country's economic growth coupled with a rising expatriate population.
Dubai National Insurance (DNI), has appointed Mr Charbel Yazbeck, as Acting CEO in a leadership transition, following the resignation of Mr AR Srinivasan from his position as CEO due to personal reasons.
The UAE insurance sector is seeing a period of strength and growth, supported by increased premium volumes, improved profitability, higher investment returns, and a healthy competitive environment. Industry trends include regional expansion and digital transformation.
The Central Bank of the United Arab Emirates (CBUAE) and the Dubai Public Prosecution (DPP) have announced the launch of an innovative electronic system dedicated to streamlining the settlement of blood money claims.