Market Attractiveness and Future Prospects of the UAE Takaful Insurance Industry

By a News Reporter-Staff News Editor at Managed Care Weekly Digest -- Research and Markets (http://www.researchandmarkets.com/research/xnfqw7/market) has announced the addition of the "Market Attractiveness and Future Prospects of the UAE Takaful Insurance Industry" report to their offering (see also Insurance Companies).

The 'Market Attractiveness and Future Prospects of the UAE Takaful Insurance Industry' report provides detailed analysis of the trends in the UAE takaful insurance industry. It provides values for key performance indicators (KPI) such as gross written premium, direct written premium, earned premium, claims, incurred loss, loss ratio, combined ratio, commissions and expenses, assets and investments during the review period (2009-2013) and forecast period (2013-2018). The report also analyzes distribution channels operating in the segment. Key Highlights - The UAE takaful industry's gross written premium is expected to register a robust forecast-period (2013-2018) CAGR of 8.9%.

- Non-life insurance is the largest segment in terms of gross written premium, and accounted for 61.4% of the overall UAE takaful industry in 2013.

- GDP at current prices grew from AED935.8 billion (US$254.8 billion) in 2009 to AED1.6 trillion (US$426.1 billion) in 2013, at a review-period CAGR of 13.7%, despite declining by 17.4% in 2009 as a result of the global financial crisis.

- According to UAE's Insurance Authority (IA), there were 10 insurance companies operating in the UAE's takaful insurance industry in 2013.

- Under the new Dubai Health Insurance Law No. 11 of 2013, issued on November 24, health insurance was made compulsory in Dubai from January 2014. The law also made it mandatory for employers of low-salaried expatriate workers to provide health insurance for employees. Key Topics Covered: 1 Analysis of The UAE Takaful Market Dynamics

2 Takaful Life Insurance Trends

3 Takaful Non-Life Insurance Trends

4 Takaful Non-Life Insurance Categories

5 Takaful Personal Accident and Health Insurance Trend

6 Takaful Personal Accident and Health Insurance Categories

7 Takaful Reinsurance

8 Appendix Companies Mentioned Dubai Islamic Insurance and Reinsurance (AMAN)

Noor Takaful

Methaq Takaful Insurance Company

Takaful Emarat

t'azur Company

Abu Dhabi National Takaful

For more information visit http://www.researchandmarkets.com/research/xnfqw7/market View source version on businesswire.com: http://www.businesswire.com/news/home/20150624005615/en/

Keywords for this news article include: Investing, Health Insurance, Insurance Companies, Research and Markets.

Our reports deliver fact-based news of research and discoveries from around the world. Copyright 2015, NewsRx LLC