Close Menu
World Economist – Global Markets, Finance & Economic Insights
  • Home
  • Economist Impact
    • Economist Intelligence
    • Finance & Economics
  • Business
  • Asia
  • China
  • Europe
  • Economy
  • USA
    • Middle East & Africa
    • Highlights
  • This week
  • World Economy
    • World News
What's Hot

Aussie spikes as traders digest policy decisions

July 10, 2025

Pentagon strikes investment deal with US critical minerals producer

July 10, 2025

Wedbush’s Dan Ives predicts the next $4 trillion market cap stock — one Cramer also likes

July 10, 2025
Facebook X (Twitter) Instagram
Thursday, July 10
Facebook X (Twitter) Instagram
World Economist – Global Markets, Finance & Economic Insights
  • Home
  • Economist Impact
    • Economist Intelligence
    • Finance & Economics
  • Business
  • Asia
  • China
  • Europe
  • Economy
  • USA
    • Middle East & Africa
    • Highlights
  • This week
  • World Economy
    • World News
World Economist – Global Markets, Finance & Economic Insights
Home » UAE’s insurance sector to grow 20 percent in 2025: S&P
Middle East & Africa

UAE’s insurance sector to grow 20 percent in 2025: S&P

adminBy adminMarch 7, 2025No Comments2 Mins Read
Share Facebook Twitter Pinterest Copy Link LinkedIn Tumblr Email VKontakte Telegram
Share
Facebook Twitter Pinterest Email Copy Link
Post Views: 62


Leading UAE insurance firms invest heavily in automation and digital transformation to enhance efficiency and competitiveness

The UAE insurance sector will sustain positive growth prospects in 2025, with an anticipated growth rate ranging between 10 percent and 20 percent in 2025, following a projected 20 percent expansion in 2024.

S&P Global Ratings indicated that other Gulf nations will also enjoy similarly advantageous growth conditions in their insurance markets, with expected growth rates varying from 5 percent to 15 percent, contingent upon the specific circumstances of each country.

Read more: Etihad Credit Insurance becomes UAE’s first insurer to join KYC Blockchain Platform

In a statement to the Emirates News Agency (WAM), Emir Mujkic, director of Insurance Ratings at S&P Global Ratings, emphasized that digitisation is a crucial element in enhancing customer experience and fostering sector growth. He noted that leading UAE insurance firms are making significant investments in automation and digital transformation to boost operational efficiency and elevate their competitive standing in the market.

Read more: UAE insurance sector profits reach $680.6 million in 2023, reports CBUAE

He elaborated that digital transformation is anticipated to yield advantages such as improving customer experience by facilitating easier access to insurance products via digital platforms, delivering more customized services through sophisticated data analytics, and streamlining the claims process. These initiatives will lead to increased customer satisfaction and greater engagement with insurance services.



Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Telegram Copy Link
admin
  • Website

Related Posts

Middle East & Africa

Rescue bid launched for hundreds trapped in South African gold mine | Mining News

May 23, 2025
Middle East & Africa

DRC’s conflict demands a new peace model rooted in inclusion and reform | Conflict

May 23, 2025
Middle East & Africa

DR Congo strips ex-President Kabila of immunity | Armed Groups News

May 23, 2025
Middle East & Africa

Will the United States deport people to Rwanda? | Refugees News

May 23, 2025
Middle East & Africa

‘Tortured’ Ugandan activist dumped at border following arrest in Tanzania | Politics News

May 23, 2025
Middle East & Africa

Trump’s Ramaphosa ‘ambush’: Key takeaways from heated White House meeting | Donald Trump News

May 22, 2025
Add A Comment
Leave A Reply Cancel Reply

Editors Picks

Reviews filed by importers: FBR directs customs officials to conduct virtual hearings – Business & Finance

July 10, 2025

Stakeholders urge global promotion of Sindhri Mango, emphasise IP rights and R&D – Markets

July 10, 2025

Finance minister urges population as key criterion in NFC Award formula – Business & Finance

July 10, 2025

Pakistan eyes $1bn valuation in Roosevelt Hotel redevelopment plan, source says – Pakistan

July 10, 2025
Latest Posts

PSX hits all-time high as proposed ‘neutral-to-positive’ budget well-received by investors – Business

June 11, 2025

Sindh govt to allocate funds for EV taxis, scooters in provincial budget: minister – Pakistan

June 11, 2025

US, China reach deal to ease export curbs, keep tariff truce alive – World

June 11, 2025

Subscribe to News

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Recent Posts

  • Aussie spikes as traders digest policy decisions
  • Pentagon strikes investment deal with US critical minerals producer
  • Wedbush’s Dan Ives predicts the next $4 trillion market cap stock — one Cramer also likes
  • Trade war led Temu, Shein to retreat, but it may be temporary
  • Fed considering changes to what constitutes a ‘well-managed’ bank

Recent Comments

No comments to show.

Welcome to World-Economist.com, your trusted source for in-depth analysis, expert insights, and the latest news on global finance and economics. Our mission is to provide readers with accurate, data-driven reports that shape the understanding of economic trends worldwide.

Latest Posts

Aussie spikes as traders digest policy decisions

July 10, 2025

Pentagon strikes investment deal with US critical minerals producer

July 10, 2025

Wedbush’s Dan Ives predicts the next $4 trillion market cap stock — one Cramer also likes

July 10, 2025

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Archives

  • July 2025
  • June 2025
  • May 2025
  • April 2025
  • March 2025
  • February 2025
  • January 2025
  • December 2024
  • June 2024
  • October 2022
  • March 2022
  • July 2021
  • February 2021
  • January 2021
  • November 2019
  • April 2011
  • January 2011
  • December 2007
  • July 2007

Categories

  • AI & Tech
  • Asia
  • Banking
  • Business
  • Business
  • China
  • Climate
  • Computing
  • Economist Impact
  • Economist Intelligence
  • Economy
  • Editor's Choice
  • Europe
  • Europe
  • Featured
  • Featured Business
  • Featured Climate
  • Featured Health
  • Featured Science & Tech
  • Featured Travel
  • Finance & Economics
  • Health
  • Highlights
  • Markets
  • Middle East
  • Middle East & Africa
  • Middle East News
  • Most Viewed News
  • News Highlights
  • Other News
  • Politics
  • Russia
  • Science
  • Science & Tech
  • Social
  • Space Science
  • Sports
  • Sports Roundup
  • Tech
  • This week
  • Top Featured
  • Travel
  • Trending Posts
  • Ukraine Conflict
  • Uncategorized
  • US Politics
  • USA
  • World
  • World & Politics
  • World Economy
  • World News
© 2025 world-economist. Designed by world-economist.
  • Home
  • About Us
  • Advertise With Us
  • Contact Us
  • DMCA
  • Privacy Policy
  • Terms & Conditions

Type above and press Enter to search. Press Esc to cancel.