What are the different types of car insurance in the UAE?
There are two types of car insurance in the UAE (and in fact across most of the world). These are third-party car insurance and comprehensive car insurance. You must take out third-party car insurance, in order to drive legally in the UAE.
What are the changes to the UAE car insurance market?
This was the first change to the UAE car insurance market in 30 years, during which time the values of vehicles had increased greatly. The new changes meant that the insurance company is now obliged to make a greater payment to the third-party driver whose vehicle has been written off.
How active is the insurance sector in the United Arab Emirates?
The insurance sector in the United Arab Emirates is one of the most active sectors because of its vital role in serving the national economy, which is reflected in the growth rate of its contribution to GDP that reached 3% for 2018.
What is the study period of this market?
The United Arab Emirates Motor Insurance market market is studied from 2018 - 2027. Read More
What is the growth rate of United Arab Emirates Motor Insurance market?
The United Arab Emirates Motor Insurance market is growing at a CAGR of >3% over the next 5 years. Read More