News Middle East22 Nov 2022

UAE:Insurers cautioned against competing solely on price as net profits fall

| 22 Nov 2022

The combined ratio of 28 listed insurers in the UAE increased to 94% in the first three quarters of this year compared to 90% for the same period in 2021, according to an analysis by Badri Management Consultancy, an international actuarial consulting company. The loss ratio remained stable at 61%.

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