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ARTICLE · 13 JUNE 2025

DIFC Reports 35% Surge In Insurance Premiums

The Dubai International Financial Centre (DIFC) recorded a 35% rise in gross written premiums (GWPs) in 2024, reaching USD3.5 billion generated by 125 insurance-related entities...

United Arab EmiratesInsurance

The Dubai International Financial Centre (DIFC) recorded a 35% rise in gross written premiums (GWPs) in 2024, reaching USD3.5 billion generated by 125 insurance-related entities, compared to USD2.6 billion in 2023.

DIFC's insurance sector is an important component of its financial ecosystem, encompassing a wide range of activities from traditional insurance and reinsurance to captive insurance. The DIFC regulatory framework provides a stable and secure environment for insurance businesses to provide essential risk management solutions, attracting both regional and international players.

The 2025 record figure was announced by DIFC chief operating officer Alya AlZarouni at the opening of the Dubai World Insurance Congress, the largest industry gathering in the region's history. Hosted in partnership with Global Reinsurance, the event drew 1,700 attendees from 82 countries, up from 1,300 in 2023.

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