United Arab Emirates · Middle East & Gulf · class C

Composite insurance companies in United Arab Emirates

8 licensed composite insurers, 18% of the 44 insurance entities supervised by the Central Bank of the UAE (Insurance) / DFSA / ADGM FSRA. Licensed to write both life and non-life business under one entity.

CompanyClassParent / groupOwnershipRegulatorVerification
Abu Dhabi National Insurance Co (ADNIC)CCompositeMamoura (ADQ)State-owned / parastatalCBUAEUnverified
Alliance InsuranceCCompositeAllianceDomestic privateCBUAEUnverified
AXA Gulf -> GIG Gulf
AXA sold 2021
CCompositeGulf Insurance Group / FairfaxIAIGForeign multinationalCBUAEUnverified
Dubai InsuranceCCompositeDubai InsuranceDomestic privateCBUAEUnverified
National General Insurance (NGI)CCompositeEmirates NBD groupDomestic privateCBUAEUnverified
Orient Insurance
Largest UAE insurer
CCompositeAl-FuttaimDomestic privateCBUAEUnverified
Sukoon Insurance (ex-Oman Insurance)CCompositeMashreqDomestic privateCBUAEUnverified
Union InsuranceCCompositeUnionDomestic privateCBUAEUnverified

About composite insurers in United Arab Emirates

How many composite insurers are licensed in United Arab Emirates?

8 of the 44 licensed insurance entities in United Arab Emirates are classified as composite (18%), according to the CBUAE register as reflected in this directory (not verified).

Who regulates composite insurers in United Arab Emirates?

Central Bank of the UAE (Insurance) / DFSA / ADGM FSRA (CBUAE), under ~60 onshore insurers plus DIFC/ADGM. Official website: https://centralbank.ae.

Are the composite insurers in United Arab Emirates locally or foreign owned?

1 of 8 belong to regional or foreign multinational groups (including Gulf Insurance Group / Fairfax), 1 are state-owned, and the rest are domestic private companies.

Data: /api/v1/countries/united-arab-emirates.json (filter by class = "composite"). Licence CC BY 4.0, attribute KAFS North America.