UAE:Market reaches almost $14bn in first three quarters of 2024

By Anoop Khanna | 05 Jan 2025

United Arab Emirates Financial Performance

The UAE insurance sector maintained its growth trajectory in the first three quarters of 2024 as well. According to the Quarterly Economic Review issued by Central Bank of UAE (CBUAE) in December 2024, gross written premiums (GWP) for the insurance sector grew by 20.9% touching AED50.8bn ($13.8bn) as compared with AED42bn written in the first three quarters of 2023.

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