UAE: Motor insurance premiums spike by more than 300% for luxury and commercial cars

Published on July 2, 2025
Commercial car insurance premium rates have increased by more than 300% since the beginning of the year. The spikes in motor premiums affect all vehicle categories, large and small as well as those
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Rates trending downward but soft market still 2-3 years away: Peel Hunt

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Specialty re/insurance rates remain adequate on average and are trending downward, though a soft market is likely still 2–3 years away, according to a recent report by Peel Hunt.Following their participation in the recent Lloyd’s Tour, Peel Hunt analysts met with management teams from Beazley, Conduit Re, Hiscox, and Lancashire.All teams agreed that specialty re/insurance remains a cyclical market

IAG’s FY’25 natural peril costs come in below budget at ~$1.1bn

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