Saturday 12 September 2009

UAE insurance companies' investment total Dhs 21.6b in 2008

The Insurance Authority has launched its annual report on the UAE Insurance sector highlighting the development achieved by the significant sector during last year.

It quoted Minister of Economy and Chairman of the Board Insurance Authority Sultan Saeed Al-Mansouri as saying Dhs 21.6 billion were invested in this sector last year. Shares and bonds account for 45% of these investments while deposits account for 34.2%, according to Al-Mansouri.

The new report asserts the substantial role of insurance sector in the UAE national economy.

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1 comment:

  1. FarhanWednesday, November 25, 2009 11:00:00 am

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