United Arab Emirates (UAE)

The country profile below provides information on population, gross domestic product, insurance premiums and leading insurers.

Insurance Association

Emirates Insurance Association 
Web: www.eia.ae

 

POPULATION, 2011-2014 (1)

Year Population
2011 5,148,664
2012 5,314,317
2013 5,473,972
2014 5,628,805

(1) Estimated.

Source: U.S. Central Intelligence Agency.

 

 

GROSS DOMESTIC PRODUCT, 2010-2014 (1)

(U.S. $ billions)

Year GDP
2010 $200.4
2011 199.8
2012 260.8
2013 269.8
2014 605.0

(1) Based on Purchasing Power Parity calculations, which take into account the relative cost of living and inflation rates of countries. GDP estimate for July for each year shown.

Source: U.S. Central Intelligence Agency.

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LIFE AND NONLIFE INSURANCE PREMIUMS, 2014

(U.S. $ millions)

  Direct premiums written
Nonlife premiums (1) $6,905
Life premiums 2,200
Total premiums $9,106
Percent of total world premiums 0.19%

(1) Includes accident and health insurance.

Source: Swiss Re, sigma, No. 4/2015.

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LEADING LIFE AND NONLIFE INSURANCE COMPANIES, 2014 (1)

 

  Gross written premiums
Company AED Mn USD Mn
Oman Insurance Company  3,249.0 884.7
Abu Dhabi National Insurance Company  2,631.0 716.4
Orient Insurance Company  1,802.0 490.7
Emirates Insurance Company 840.0 228.7
Al Ain Ahlia Insurance Company  600.0 163.4
Al Buhaira National Insurance Company  564.0 153.6
Union Insurance Company  532.0 144.9
National General Insurance Co. 451.0 122.8
Al Wathba National Insurance Company  427.0 116.3
Al Sagr National Insurance Company  390.0 106.2

(1) Includes life and nonlie.

Source: Axco Insurance Information Services.

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