Dubai International Financial Centre has published an update showing continued growth in its insurance and reinsurance market, with gross written premiums reaching USD 4.2bn in 2025, up 20 per cent from USD 3.5bn in 2024 and double the level recorded in 2022. Premiums brokered from DIFC rose to more than USD 3.4bn in 2025 from USD 3bn in 2024, while the centre said more than 135 insurance and reinsurance firms now operate from DIFC across underwriting, broking, captive management and specialist risk transfer activities. Growth was led by property and liability lines, with marine, aviation and transport also contributing. During 2025 and the first quarter of 2026, 28 new insurance-related firms were authorised, including Allianz Trade Middle East Limited, Atradius Trade Credit (Re)Insurance (DIFC) Ltd., BMS (DIFC) Limited, Howden Reinsurance Brokers Limited (DIFC Branch), Manulife Middle East Limited, QIC (DIFC) Limited, Ryan Specialty (DIFC) Limited, Sun Life (DIFC) Limited and Transamerica Life (Bermuda) Ltd. DIFC also highlighted expanded activity by existing firms including Gallagher Re Ltd, Manulife Middle East Limited, Markel International Dubai Limited and MENA Re Underwriters Limited.
Dubai International Financial Centre 2026-05-06
Dubai International Financial Centre reports insurance and reinsurance premiums rose to USD 4.2bn in 2025 with 28 new firms authorised
Dubai International Financial Centre reported continued expansion of its insurance and reinsurance market, with gross written premiums rising 20 per cent to USD 4.2bn in 2025, double 2022 levels, and premiums brokered from DIFC increasing to more than USD 3.4bn. The centre now hosts over 135 insurance and reinsurance firms, with growth led by property and liability lines, supported by marine, aviation and transport, alongside 28 new insurance-related authorisations in 2025 and early 2026.