Insurance In UAE: Ready For The Big Leap

The disruption caused by COVID-19 has had a wide-ranging effect on the world economy and the overall economic slowdown and disruption in the market has impacted the insurance sector as well, but the UAE insurance market seems to have emerged resilient and is continuing to grow year on year. Market reports state that Loss Ratios continue to present a positive outlook and the total comprehensive income for the first quarter of 2021 shows an increase of 200 per cent for the corresponding period from the year 2020.

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