The UAE Insurance Market is expected to grow by between 10% and 20% in 2025, driven by the growth of 10-10% according to S&P Global Ratings, according to the ratings agency. The agency also noted that other Gulf countries will also see favourable growth, with expected growth rates expected to range from 5% to 15%, depending on the circumstances of each country. Emir Mujkic, Director of Insurance Ratings at SandP Global Rating, stated that leading UAE insurance companies are investing in automation and digital transformation to enhance operational efficiency and increase their market competitiveness. These efforts are expected to significantly increase customer satisfaction and increase participation in insurance services.
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