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Premiums grow by nearly 13% in UAE

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P/C insurers

Data published by the Central Bank of the U.A.E. showed that local insurers’ aggregate gross written premium increased by nearly 13% year-on-year to 53.2 billion United Arab Emirates dirham ($14.5 billion), Khaleej Times reported. The growth was partly driven by a year-on-year increase in property and liability insurance premiums of nearly 19%.

 

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