According to Mena Corp Financial Services, Emirates insurance companies are poised to achieve cumulative net profit of over 1.5 billion AED (408.5 million USD) in 2017, an increase of 30% in comparison with the 1.15 billion AED (313.2 million USD) in 2016.
This performance can be accounted for in part by the introduction in early 2017 of a health insurance obligation for foreign workers.
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