3.5 billion dollars in the “Dubai International Financial” insurance premiums during 2024

The activities of the Dubai International Insurance Conference 2025 were launched at the Dubai International Financial Center, with the participation of 1700 insurance experts from 82 countries, as the attendees succeeded in setting dates for more than 6000 meetings with the aim of concluding deals.

In its opening speech to the conference, which lasts for three days, the CEO of Operations at the Dubai Financial Center Authority, Alia Al -Zarouni, said in its opening speech to the conference, which lasts for three days, that the center achieved remarkable growth of 35% in the total insurance premiums, as it increased from 2.6 billion dollars to 3.5 billion dollars during the year 2024.

Within the activities of the first day of the conference, Dubai International Financial, in conjunction with its research partner, the Asia House Center, revealed an exclusive report, titled “Establishment of Flexibility: Opportunities available for the Global Insurance Sector.”

The report referred to the great capabilities available to insurance and reinsurance companies, in light of the sector’s endeavors to reduce the gap between secure and insured assets, and to attract the necessary investments.

“The Dubai International Financial Center has a strong strategic location that enables it to expand and enhance its role as a pioneering center for insurance in the region, thanks to its advanced and balanced laws and regulations.”

He added that «the stable and effective environment provided by the Dubai International Financial Financial Center, in addition to the wise leadership of the UAE, contributed to strengthening the position of Dubai as a strong center for insurance companies, and this is evident in the significant rise in the total insurance premiums that are in 2024 by 35%, to reach a record number of 3.5 billion dollars.

He pointed out that the Dubai International Financial Center hosts more than 125 institutions working in the field of insurance and reinsurance, calling for the benefit of the central points that were addressed by the first comprehensive report of the center on the opportunities available to the insurance sector worldwide.

The report focuses on the growth achieved by the global insurance sector, which amounts to eight trillion dollars, driven by the great demand for its ability to enhance the flexibility of economies and companies to withstand acute climatic phenomena and cyber attacks, which are increasing the frequency and strength of the occurrence. This prosperity is evident in the Middle East, where the insurance sector has grown dramatically due to the need to secure the massive capital flows that are pumped into construction projects and the huge energy projects witnessed in the region.

• 1700 insurance experts from 82 countries, participate in the Dubai International Insurance Conference 2025.