Research and Markets: The Insurance Industry in the UAE, Key Trends and Opportunities to 2017: The United Arab Emirates (UAE) has the largest insurance industry in the Gulf Cooperation Council (GCC) region

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DUBLIN--(BUSINESS WIRE)--

Research and Markets (http://www.researchandmarkets.com/research/97p2tw/the_insurance) has announced the addition of the "The Insurance Industry in the UAE, Key Trends and Opportunities to 2017" report to their offering.

The United Arab Emirates (UAE) has the largest insurance industry in the Gulf Cooperation Council (GCC) region. The gross written premium registered by the industry increased at a review-period (2008-2012) compound annual growth rate (CAGR) of 9.5%. This is further expected to rise at a CAGR of 10.1%. As of December 2012, there were 61 insurers operating in the Emirati insurance industry, of which 34 were national companies and 27 were foreign.

The non-life insurance segment accounted for the highest value of gross written premium in the industry. Foreign insurers are permitted to own a maximum stake of 25% in an Emirati insurer. Emirati insurers cede considerable proportions of their premiums to reinsurers; national insurers ceded 44.7% of their property and liability insurance premium to reinsurers in 2012. Brokers and agents are the principal distribution channels in the industry.

The report provides in-depth industry analysis, information and insights of the insurance industry in the UAE, including:

  • The the UAE insurance industry's growth prospects by insurance segments and categories
  • The competitive landscape in the UAE insurance industry
  • The current trends and drivers of the UAE insurance industry
  • Challenges facing the UAE insurance industry
  • Detailed regulatory framework of the UAE insurance industry
  • A benchmarking section on the UAE insurance industry in comparison to other countries in the Middle East region

Key Topics Covered:

1 Executive Summary

2 Introduction

3 The Middle East Region Market Dynamics

4 UAE Insurance Industry Overview

5 Life Insurance

6 Non-Life Insurance

7 Personal Accident and Health Insurance

8 Reinsurance

9 Analysis by Distribution Channel

10 Governance, Risk and Compliance

11 Competitive Landscape

12 Macroeconomic Indicators

13 Appendix

Companies Mentioned:

  • Allianz Hellas SA
  • Alpha Insurance
  • Ethniki Insurance
  • Euro Life Ltd
  • Hellenic Alico Life
  • Laiki CypriaLife
  • Liberty Life Insurance Co. Ltd
  • MetLife Alico
  • Prime Insurance Company Ltd
  • Universal Life Insurance

For more information visit http://www.researchandmarkets.com/research/97p2tw/the_insurance

Contact:
Research and Markets
Laura Wood, Senior Manager.
press@researchandmarkets.com
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector: Insurance

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