
United Arab Emirates Life Insurance Âé¶¹Ô´´ to 2027
Summary
Life Insurance in United Arab Emirates industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The market is segmented into Life Insurance and Pension/Annuity.
- The Emirati life insurance market had total gross written premiums of $2.8 billion in 2022, representing a compound annual growth rate (CAGR) of 0.8% between 2017 and 2022.
- The life insurance segment accounted for the market's largest proportion in 2022, with total gross written premiums of $2.7 billion, equivalent to 97.7% of the market's overall value.
- Life insurance coverage in the Emirati population is relatively low. According to in-house research, in 2022, life insurance penetration (ratio of premiums to GDP) in the UAE was 0.5%.
Scope
- Save time carrying out entry-level research by identifying the size, growth, and leading players in the life insurance market in United Arab Emirates
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the life insurance market in United Arab Emirates
- Leading company profiles reveal details of key life insurance market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the United Arab Emirates life insurance market with five year forecasts by both value and volume
Reasons to Buy
- What was the size of the United Arab Emirates life insurance market by value in 2022?
- What will be the size of the United Arab Emirates life insurance market in 2027?
- What factors are affecting the strength of competition in the United Arab Emirates life insurance market?
- How has the market performed over the last five years?
- How large is United Arab Emirates' life insurance market in relation to its regional counterparts?
Table of Contents
1 Executive Summary
1.1. Âé¶¹Ô´´ value
1.2. Âé¶¹Ô´´ value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Âé¶¹Ô´´ rivalry
1.6. Competitive landscape
2 Âé¶¹Ô´´ Overview
2.1. Âé¶¹Ô´´ definition
2.2. Âé¶¹Ô´´ analysis
3 Âé¶¹Ô´´ Data
3.1. Âé¶¹Ô´´ value
4 Âé¶¹Ô´´ Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Âé¶¹Ô´´ Outlook
5.1. Âé¶¹Ô´´ value forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players?
7.2. What strategies do the leading players follow?
7.3. What has been the rationale behind recent M&A activity?
8 Company Profiles
8.1. Abu Dhabi National Insurance Company PSC
8.2. Al Ain Ahlia Insurance Company PSC
8.3. Oman Insurance Co PSC
8.4. Orient Insurance Company PJSC
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related Âé¶¹Ô´´Line research
10.4. About Âé¶¹Ô´´Line
List of Tables
List of Tables
Table 1: United Arab Emirates life insurance market value: $ billion, 2017–22
Table 2: United Arab Emirates life insurance market category segmentation: % share, by value, 2017–2022
Table 3: United Arab Emirates life insurance market category segmentation: $ billion, 2017-2022
Table 4: United Arab Emirates life insurance market geography segmentation: $ billion, 2022
Table 5: United Arab Emirates life insurance market value forecast: $ billion, 2022–27
Table 6: Abu Dhabi National Insurance Company PSC: key facts
Table 7: Abu Dhabi National Insurance Company PSC: Annual Financial Ratios
Table 8: Abu Dhabi National Insurance Company PSC: Key Employees
Table 9: Al Ain Ahlia Insurance Company PSC: key facts
Table 10: Al Ain Ahlia Insurance Company PSC: Annual Financial Ratios
Table 11: Al Ain Ahlia Insurance Company PSC: Key Employees
Table 12: Oman Insurance Co PSC: key facts
Table 13: Oman Insurance Co PSC: Annual Financial Ratios
Table 14: Oman Insurance Co PSC: Key Employees
Table 15: Orient Insurance Company PJSC: key facts
Table 16: Orient Insurance Company PJSC: Key Employees
Table 17: United Arab Emirates size of population (million), 2018–22
Table 18: United Arab Emirates gdp (constant 2005 prices, $ billion), 2018–22
Table 19: United Arab Emirates gdp (current prices, $ billion), 2018–22
Table 20: United Arab Emirates inflation, 2018–22
Table 21: United Arab Emirates consumer price index (absolute), 2018–22
Table 22: United Arab Emirates exchange rate, 2018–22
List of Figures
List of Figures
Figure 1: United Arab Emirates life insurance market value: $ billion, 2017–22
Figure 2: United Arab Emirates life insurance market category segmentation: $ billion, 2017-2022
Figure 3: United Arab Emirates life insurance market geography segmentation: % share, by value, 2022
Figure 4: United Arab Emirates life insurance market value forecast: $ billion, 2022–27
Figure 5: Forces driving competition in the life insurance market in United Arab Emirates, 2022
Figure 6: Drivers of buyer power in the life insurance market in United Arab Emirates, 2022
Figure 7: Drivers of supplier power in the life insurance market in United Arab Emirates, 2022
Figure 8: Factors influencing the likelihood of new entrants in the life insurance market in United Arab Emirates, 2022
Figure 9: Factors influencing the threat of substitutes in the life insurance market in United Arab Emirates, 2022
Figure 10: Drivers of degree of rivalry in the life insurance market in United Arab Emirates, 2022
Abu Dhabi National Insurance Company PSC
Al Ain Ahlia Insurance Company PSC
Oman Insurance Co PSC
Orient Insurance Company PJSC
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*If Applicable.
