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UAE: Insurance prices expected to rise 30% after roar losses

Insurance companies expected insurance prices to rise during the coming period, to range between 10 and 30%, as a result of losses incurred by companies, after the low (roar) that the state was exposed to weeks ago. She explained that the unexpected losses suffered by companies as a result of repairing large numbers of damaged vehicles necessitated companies to compensate for their losses, by raising insurance prices.

Source: Al Morakeb Group