UAE:Listed insurers post higher net profits in 2020 despite COVID-19

By MEIR team | 18 Feb 2021

United Arab Emirates Life & Health Property & Casualty Financial Performance

Listed insurance companies in the UAE demonstrate resilience by closing 2020 with a laudable growth in profits of 9% from 2019. The total profits for 2020 stood at AED1.7bn ($462.8m) in contrast to AED1.6bn in 2019, according to an analysis by Badri Management Consultancy, an actuarial consulting company.

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