{
Emir Mujkic

People

}
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UAE insurance sector poised for significant growth driven by digital transformation

S&P Global Ratings projects the UAE insurance sector to grow by 10%-20% in 2025, following a 20% increase in 2024, driven by digitisation and economic expansion. The GCC health insurance market is expected to rise from $18.4 billion in 2024 to $29.2 billion by 2033, supported by government initiatives and healthcare development. Despite global uncertainties, the UAE's insurance sector shows resilience, playing a vital role in the nation's economic diversification.
Finance Middle East
United Arab Emirates Dirham United States Dollar British Pound Sterling ARE Emir Mujkic
Finance & Economy, Market Report
06:54 10.03.2025

uae insurance sector expected to grow 20 percent by 2025

UAE's insurance sector is expected to grow by 20% in 2025, driven by significant investments in digitisation and automation. Emir Mujkic, Director of Insurance Ratings at S&P Global Ratings, emphasized that enhancing customer experience and operational efficiency is crucial for market competitiveness among leading companies.
Gulf News: Latest UAE news, Dubai news, Business, travel news, Dubai Gold rate, prayer time, cinema
S&P Global Ratings S.A. de CV ARE Emir Mujkic
Finance & Economy, Market Report
14:28 07.03.2025
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