The key points highlighted in the report are:

• Continued growth in the insurance market - insurance premiums for the UAE grew by 13.5% to AED 33.5 billion (approximately US$9.12 billion) in 2014, a 1.3% increase on the 2012-2013 growth rate.

• The dominance of compulsory lines - general insurance remained the major contributor to the total premiums in the UAE accounting for AED24.9 billion (approximately US$6.8 billion) or 74.3% of total written premiums in the market, albeit this represents a 2% reduction from 2013. However, health insurance accounted for approximately US$3.03 billion of this business.