UAE: Union Insurance's rating upgraded on improved profitability

Published on September 21, 2025
Dubai-based Union Insurance Company has improved financial performance follows the discontinuation of several unprofitable lines of business in 2023, including the Oman Credit life product and
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Three-year downward trend in property claims continued in Q2’25: Verisk

September 19, 2025
The second quarter of 2025 continued the three-year downward trend in total property insurance claims, falling 9.6% compared to the same period last year, however, claims were up 26% from Q1 2025, according to Verisk’s Quarterly Property Report.Verisk attributed the decline in claim volume to non-CAT claims, which dropped 16.8%. CAT claims, by contrast, remained steady, rising only 0.76% from 2024

UAE: Demand for travel insurance climbs amid growing travel risks

September 22, 2025
The travel insurance market in the UAE has witnessed a notable surge in demand, driven by the rapid and unpredictable changes in the global aviation and travel sectors.