UAE insurance market as at 30 September 2023
The Central Bank of the United Arab Emirates (CBUAE) has published its preliminary data on the insurance market as at 30 September 2023.
Figures in billions
| Business indicators | 30 September 2023 | 30 September 2022 | Evolution (1) | ||
|---|---|---|---|---|---|
| AED | USD | AED | USD | ||
| Turnover | 42 | 11.4 | 36.7 | 10 | 14.40% |
| Settled claims | 23.1 | 6.3 | 18.7 | 5.1 | 23.50% |
| Technical provisions | 75 | 20.4 | 68.8 | 18.7 | 9% |
| Invested assets | 74.4 | 20.3 | 72.2 | 19.7 | 3% |
| Total assets | 131.6 | 35.8 | 118.2 | 32.2 | 11.30% |
| Shareholder's equity | 27.9 | 7.6 | 27.1 | 7.4 | 3% |
1 Evolution in local currency (AED) Exchange rate as at 30/09/2023: 1 AED = 0.27222 USD; at 30/09/2022: 1 AED = 0.27221 USD
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