Premiums likely to rise by up to 15% in UAE

Mohammed Mazhar Hamadeh, general manager of U.A.E.-based Al Ain Ahlia Insurance Co. PSC, said that insurance premiums are expected to grow by 10%-15% this year, Middle East Insurance Review reported. The rise is being driven by increased opportunities along with the continuation of new major projects in Abu Dhabi, Dubai and other emirates.

Source: Business Insurance

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