Magazine date:
Jan 2020 Figures in thousands
| Rank | Insurance companies | Gross Written Premium in 2018 | Market share | Evolution 2017-2018 * | |
|---|---|---|---|---|---|
| AED | USD | ||||
| 1 | Daman National Health | 5 031 770 | 1 370 000 | 11.51% | -8.59% |
| 2 | Oman Insurance Co | 3 699 360 | 1 007 230 | 8.46% | -0.51% |
| 3 | Orient Insurance | 3 678 000 | 1 001 410 | 8.41% | -8.67% |
| 4 | ADNIC | 2 909 470 | 792 160 | 6.66% | 10.07% |
| 5 | Al Ain Al Ahlia | 1 514 440 | 412 340 | 3.46% | 9.07% |
| 6 | Salama | 1 062 960 | 289 410 | 2.43% | 31.55% |
| 7 | Emirates Insurance | 1 043 330 | 284 070 | 2.39% | -3.17% |
| 8 | Union Insurance | 951 910 | 259 180 | 2.18% | -9.27% |
| 9 | Takaful Emarat | 599 070 | 163 110 | 1.37% | 2.65% |
| 10 | Al Buhaira National Insurance | 495 620 | 134 940 | 1.13% | -7.78% |
| Total | 20 985 920 | 5 713 840 | 48.00% | -1.65% | |
Rest of the market ** | 22 732 510 | 6 189 380 | 52.00% | -3.21% | |
| Total market | 43 718 430 | 11 903 220 | 100.00% | -2.47% | |
* In local currency
** 52 companies
Exchange rate as at 31 december 2018 : 1 AED = 0.27227 USD | aux 31 december 2017 : 1 AED = 0.2722 USD
Read also: UAE insurance market in 2019 [4]
