The UAE insurance industry closed 2025 with total assets of AED 164.9 billion, a 6.1% rise from AED 155.5 billion a year earlier, as gross written premiums surged 14.9% to AED 74.8 billion and sector profits climbed 54% to AED 4 billion from AED 2.6 billion in 2024, according to the Central Bank of the UAE's annual statistical report on insurance activity.
Total claims paid grew at a slower rate of 11% to AED 46.2 billion, allowing insurers to widen margins, while the premium retention ratio edged up to 56% from 54.9%. The industry's invested asset base stood at AED 96.4 billion – equivalent to 58.4% of total sector assets – and available capital was maintained at 455% of the regulatory minimum.
Active policies reached 17.3 million, with health insurance policy numbers rising 26.1% following the rollout of mandatory basic health coverage, which materially expanded the addressable market. Insurance density reached approximately AED 6,500 per capita, with 58 licensed insurers operating across the country.
Gulf Economist Staff Writer