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.