The UAE listed insurance industry closed 2025 with solid momentum, with a combined net profit surging by 47% to AED3.7bn ($1.01bn) compared to AED2.5bn in 2024, according to BADRI Management Consultancy, a Dubai-headquartered international actuarial and risk consultancy firm.
In its report, titled “UAE—Listed Insurance Industry Performance Analysis—Year End 2025, based on the preliminary announcements of the listed insurers, BADRI says that the top five insurers reported an aggregate net profit of AED2.7bn (29% increase), while other players grew profits by 135%, reaching AED985m.
The five most profitable insurers are Orient Insurance, Daman Insurance, Abu Dhabi National Insurance Co, Sukoon Insurance and Dubai Insurance (DIN).
Insurance revenue
The listed insurers also showed a 16% insurance revenue growth to AED50.1bn [$13.64bn] in 2025, from AED43.1bn in 2024, notes that both top-tier and mid-sized insurers contributed equally to insurance revenue growth.
The top five insurers generated insurance revenue of AED35.1bn (17% increase) while other companies accounted for AED15.0bn (15% increase). Orient Insurance led the market with AED9.2bn, reflecting sustained premium increases in Motor and Medical lines and continued market discipline. The other Top Five insurers are ADNIC, Daman, Sukoon and DIN.
Improved technical margins supported by risk-based pricing, portfolio rationalisation, and regulatory oversight from the Central Bank of the UAE (CBUAE) underpinned this performance. Orient Insurance remained the most profitable company with AED836m.
With underwriting discipline now firmly embedded, the sector enters 2026 from a stronger foundation. Continued rate adequacy, capital strengthening, and tighter governance are expected to support resilience amid potential increases in reinsurance costs and the impact of treaty renewals.
Overall, 2025 confirms the UAE insurance industry’s sustained recovery, marked by robust revenue growth, improved profitability, and a more stable competitive landscape.