UAE insurance market in 2021: top 30 insurers per GWP
Figures in millions
| Rank | Companies | 2021 turnover | 2020 turnover | 2020-2021 evolution * | 2021 market share | ||
|---|---|---|---|---|---|---|---|
| AED | USD | AED | USD | ||||
| 1 | Orient Insurance | 5 008 | 1 363 | 4 247 | 1 156 | 17.92% | 19.24% |
| 2 | Abu Dhabi National Insurance | 4 267 | 1 162 | 4 012 | 1 092 | 6.36% | 16.39% |
| 3 | Sukoon (Ex Oman Insurance) | 3 539 | 963 | 3 585 | 976 | -1.28% | 13.59% |
| 4 | Dubai Insurance Co | 1 226 | 334 | 919 | 250 | 33.41% | 4.71% |
| 5 | Al Ain Ahlia Insurance | 1 206 | 328 | 1 207 | 329 | -0.08% | 4.63% |
| 6 | Emirates Insurance | 1 118 | 304 | 1 039 | 283 | 7.60% | 4.29% |
| 7 | SALAMA | 1 088 | 296 | 1 167 | 318 | -6.77% | 4.18% |
| 8 | Al Buhaira National Insurance | 901 | 245 | 910 | 248 | -0.99% | 3.46% |
| 9 | Union Insurance | 900 | 245 | 868 | 236 | 3.69% | 3.46% |
| 10 | Dar Al Takaful | 706 | 192 | 439 | 120 | 60.82% | 2.71% |
| 11 | National General Insurance | 646 | 176 | 579 | 158 | 11.57% | 2.48% |
| 12 | Takaful Emarat | 584 | 159 | 614 | 167 | -4.89% | 2.24% |
| 13 | Al Sagr National Insurance (ASNIC) | 500 | 136 | 511 | 139 | -2.15% | 1.92% |
| 14 | Ras Al Khaimah National Insurance | 469 | 128 | 577 | 157 | -18.72% | 1.80% |
| 15 | Orient UNB Takaful | 401 | 109 | 301 | 82 | 33.22% | 1.54% |
| 16 | United Fidelity Insurance | 384 | 105 | 353 | 96 | 8.78% | 1.47% |
| 17 | National Takaful (Watania) | 347 | 95 | 322 | 88 | 7.76% | 1.33% |
| 18 | Al Wathba National Insurance | 316 | 86 | 307 | 84 | 2.93% | 1.21% |
| 19 | Al Dhafra Insurance | 315 | 86 | 290 | 79 | 8.62% | 1.21% |
| 20 | Abu Dhabi National Takaful | 308 | 84 | 425 | 116 | -27.53% | 1.18% |
| 21 | Alliance Insurance | 304 | 83 | 323 | 88 | -5.88% | 1.17% |
| 22 | Methaq Takaful Insurance | 302 | 82 | 282 | 77 | 7.09% | 1.16% |
| 23 | Dubai National Insurance & Reinsurance | 301 | 82 | 317 | 86 | -5.05% | 1.16% |
| 24 | Dubai Islamic Insurance & Reinsurance Co. | 249 | 68 | 229 | 62 | 8.73% | 0.96% |
| 25 | Al Fujairah National Insurance | 237 | 65 | 247 | 67 | -4.05% | 0.91% |
| 26 | Insurance House | 207 | 56 | 217 | 59 | -4.61% | 0.80% |
| 27 | Arabian Scandivanian (ASANA) | 123 | 34 | 109 | 30 | 12.84% | 0.47% |
| 28 | Hayah Insurance (Ex AXA Green Crescent) | 52 | 14 | 45 | 12 | 15.56% | 0.20% |
| 29 | Sharjah Insurance | 25 | 7 | 43 | 12 | -41.86% | 0.10% |
| 30 | Al Khazna Insurance | 6 | 2 | 20 | 5 | -70.00% | 0.02% |
| Total | 26 035 | 7 089 | 24 504 | 6 672 | 6.25% | 100.00% | |
* Evolution in local currency
Rest of the market: 32 insurers
