18 insurers earn 1.72B dirhams profit
The insurance sector in the UAE markets experienced profit growth during the first half of 2026, with 18 listed insurance companies generating approximately 1.72 billion dirhams in profits, an increase of 210.1 million dirhams or 13.96% compared to the same period last year. Dubai’s companies led the profit growth, recording 1.097 billion dirhams, a 17.24% increase. Orient Insurance topped the profit chart with 534.21 million dirhams, while other companies such as Sukun, Dubai Insurance, and some firms like Salama exhibited significant growth, with Salama’s profits soaring by 370.19%. In Abu Dhabi’s market, corporate profits rose to 618.42 million dirhams, with leading companies like Abu Dhabi National Insurance maintaining their profit dominance despite a decline of 6.78%. Overall, the sector shows continued improvement in profitability, with Dubai companies leading in growth, though profits remain concentrated among a limited number of major firms.
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