How big is the United Arab Emirates Motor Insurance Market?

The United Arab Emirates Motor Insurance Market size is expected to reach USD 1.40 billion in 2024 and grow at a CAGR of 4.12% to reach USD 1.72 billion by 2029. Read More

What is the current United Arab Emirates Motor Insurance Market size?

In 2024, the United Arab Emirates Motor Insurance Market size is expected to reach USD 1.40 billion. Read More

Who are the key players in United Arab Emirates Motor Insurance Market?

National General Insurance Co. (P.S.C), Orient Insurance PJSC, Abu Dhabi National Insurance Company, Sukoon Insurance and Assicurazioni Generali S.P.A. are the major companies operating in the United Arab Emirates Motor Insurance Market. Read More

What years does this United Arab Emirates Motor Insurance Market cover, and what was the market size in 2023?

In 2023, the United Arab Emirates Motor Insurance Market size was estimated at USD 1.34 billion. The report covers the United Arab Emirates Motor Insurance Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the United Arab Emirates Motor Insurance Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

What are the key segments of the UAE Motor Insurance Market?

The UAE Motor Insurance Market is segmented based on a) Coverage: Liability Coverage, Collision Coverage and Comprehensive Insurance b) Distribution Channel: Insurance Agents/Brokers, Direct Response and Banks c) Vehicle Age: New Vehicles and Old Vehicles d) Application: Commercial Vehicle and Personal Vehicle Read More

What factors are driving the growth of the United Arab Emirates Motor Insurance Market?

The factors driving the growth of the United Arab Emirates Motor Insurance Market are a) Emergence of third-party liability insurance b) Increasing demand for vehicle insurance due to rising accidents and road incidents c) Ease of purchasing insurance policies through various distribution channels Read More

United Arab Emirates Motor Insurance Market Share

Statistics for the 2023 & 2024 United Arab Emirates Motor Insurance market share, created by Mordor Intelligence™ Industry Reports. United Arab Emirates Motor Insurance share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of United Arab Emirates Motor Insurance Industry

The report covers the major players operating in the UAE motor insurance market. In terms of market share, the market is moderately consolidated, with a large number of players operating in the market studied due to an increase in automobile sales. Companies have been focusing more on providing customized solutions to attract more customers and also enhance their product portfolio. Some of the key players in the market are Assicurazioni Generali S.P.A., National General Insurance Co. (P.S.C), Orient Insurance PJSC, Abu Dhabi National Insurance Company, and Sukoon Insurance.