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UAE: Insurance industry sees total premiums grow by 18.5% in 1Q2024

The UAE insurance sector continued to grow in 1Q2024, reflected by the increase of 18.5% year on year in gross written premiums to AED21.1bn ($5.7bn), according to the “Quarterly Economic Review June 2024” published by the Central Bank of the UAE (page 22).

Source: Middle East Insurance Review