The UAE insurance sector continued its strong growth in 2025, by recording improvements across most key performance indicators (KPIs), as higher gross written premiums, paid claims, technical provisions and total assets maintained the industry’s good health, helping it to expand its role in supporting the Gulf country’s financial and economic stability.
As per the data from the annual statistical report on insurance activity in the UAE, issued by the Central Bank of the UAE (CBUAE), the industry’s gross written premiums rose to AED74.8 billion in 2025, up 14.9% from AED65.1 billion in 2024. Total paid claims increased to AED46.2 billion, up 11%, while technical provisions rose by 4.4% to AED96.3 billion.
“Total assets of the insurance sector reached AED164.9 billion, an increase of 6.1% compared with AED155.5 billion in 2024. Invested assets stood at AED96.4 billion, equivalent to 58.4% of the sector’s total assets, underscoring the sector’s importance as a contributor to investment activity and the national economy,” CBUAE said.
“In terms of financial performance, total profits of insurance companies rose to AED4 billion from AED2.6 billion in 2024, while the premium retention ratio increased to 56% from 54.9% a year earlier,” it added further.
The figures, as per the CBUAE’s estimates, also reflect an expanding demand base for insurance products in the Gulf major, with the number of active policies reaching 17.3 million. The number of health insurance policies increased by 26.1% following the implementation of the mandatory basic health insurance scheme.
“The number of insurance companies operating in the UAE stood at 58, while the number of insurance-related professions reached 515, reflecting the breadth of the insurance ecosystem and the diversity of associated activities and services,” CBUAE noted.
The sector’s available capital, in 2025, stood at 455% of the minimum required level, while insurance density reached around AED6,500 per capita. These indicators reflect the sector’s strong capital base and high levels of insurance coverage, supporting its ability to sustain growth and meet the needs of the expanding Emirati economy.
“The 2025 indicators highlight the increasing importance of the UAE insurance sector in maintaining financial stability, boosting investment growth and risk management, and supporting broader economic activity and the competitiveness of the country’s business environment,” CBUAE concluded.