United Arab Emirates: Top 5 insurance companies per 2016 turnover

 2016 turnover2015 turnover2016 shares2015-2016 evolution (1)
In AEDIn USDIn AEDIn USD
Daman National Health (2)
5 235 2611 425 0304 408 5121 200 61413.09%18.75%
Oman Insurance Company
3 555 282968 1743 189 976868 7588.89%11.45%
Orient Insurance CO
2 673 121727 9442 201 239599 4856.68%21.43%
ADNIC
2 375 475 646 8892 290 734623 8585.94%3.69%
Emirates Insurance
1 021 859  278 273938 752255 6602.55%8.85%
Total top 5 companies
14 860 998 4 046 311 13 029 213 3 548 376 37.15% 14.06%
Rest of the market
25 139 0026 846 48923 970 7876 528 20462.85%4.87%
Total market (3)
40 000 00010 892 80037 000 00010 076 580100%8.11%
(1) Growth rate in local currency
(2) Source Al Bayan
(3) Source: Emirates Insurance Association
Exchange rate
AED/USD as at 31/12
2016
2015
0.27232
0.27234

Read also | UAE: Ranking of insurance companies

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