Insurance market reports are produced following a country visit with interviews with professionals working in the sector with systematic updates to information throughout the cycle. Covering market developments, macroeconomic factors and comprehensive details of the regulatory environment including relevant taxation as well as market indicators and company statistics.
Axco’s Dubai Non-Life Insurance Market Report (P&C) also comprises a detailed analysis of lines of business and sub-classes such as natural hazards, property, construction and machinery breakdown, motor, workers compensation & employers’ liability and liability.
The Life & Benefits Report for Dubai includes detail on social security, healthcare, individual life assurance and pensions information as well as market statistics and life company statistics
Real GDP growth (%)
Insurance Penetration (%)
Dubai is the second largest of the seven emirates of The United Arab Emirates (UAE). It hosts the UAE's main port and is an important centre for tourism, with many deluxe hotels and retail centres. It is an offshore financial centre (Dubai International Financial Centre) as well as a centre for banking, insurance and commerce. Dubai is a major venue for sporting events such as horse racing, cricket, golf, snooker and tennis.
The principal non-life compulsory classes in all emirates include: motor third party liability and professional indemnity insurance for insurance brokers, insurance consultants, medical practitioners, advocates and legal consultants. Medical expenses (health) insurance for all expatriate workers resident in Abu Dhabi and their resident dependants is also compulsory. In Dubai there is also a regime of compulsory medical expenses insurance for all residents.