June 15th, 2022 at 03:53 pm
UAE INSURANCE MARKET IN 2022: TOP 5 INSURERS PER GWP
THE UAE Insurance market continues to be noted as the largest and most profitable. There are several insurers listed on the UAE insurance market per GWP. Below is a list of the top 5 insurers per GWP.
LIST OF TOP 5 INSURERS PER GWP
1. FIRSTLY, ORIENT INSURANCE
The Orient Insurance is the only Vincent in the UAE to receive a higher rating and a quality Management Certification. Orient doesn’t have a network outside of the Middle East. However, their plans offer worldwide coverage. Orient commenced or began to operate in the year 1982. Its headquarters is in New Delhi, India.
2. ANOTHER IS ABU DHABI NATIONAL INSURANCE
ADNIC is an Insurance Company which is based in Abu Dhabi in the United Arab Emirates. Abu Dhabi National Insurance was founded in the year 1972. As part of their services, they offer homeowners, automobile, life accident, cargo, fire, aviation, and engineering Insurance for businesses as well as individuals.
3. ALSO, EMIRATES INSURANCE
The Company is headquartered in Hamdan Street in the United Arab Emirates. The company provides both commercial and individual insurance products. Its legal name is Emirates Insurance Company PSC. The company also operates through its head office in Hamdan Street, Abu Dhabi as well as branches in Dubai, Sharjah, and Jebel Ali Freezone.
4. UNION INSURANCE
It is an Insurance company licensed by the UAE Insurance Authority. The company offers its clients in the UAE and Middle East region a wide range of retail and commercial insurance products. Some of these packages include property, cargo, health, life, motor, home, claims, and other related Insurance products and services.
5. LASTLY, UNITED FIDELITY INSURANCE
United Fidelity is one of the oldest Insurance companies in the UAE Insurance market. Its headquarters are in Dubai, in the United Arab Emirates. The company offers all types of Insurance products and services. Some of the Insurance services include motor, medical, home travel, and marine insurance services.
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