Krishna Dhanak, Managing Director of Alpen Capital for Banking and Investment Consulting, expects the value of written insurance premiums in the UAE to grow by 5 percent on an annual basis by the end of 2024. The value of written insurance premiums in the UAE is expected to reach 54.4 billion dirhams, equivalent to $14.8 billion, in 2024, compared to 51.8 billion dirhams.