According to UAE Insurance Authority, there are total 62 insurance companies in UAE, among which 35 are national insurance companies and 27 are foreign insurance companies. The types of insurance available in UAE are:
In line with the Decretal Federal Law No. (25), 2020, the Insurance Authority has been merged in to the Central Bank of UAE. However, the Insurance Authority shall continue to apply the rules and regulations to all licensed institutions under the provisions of the Federal Law No. (6), 2007 until replaced by regulations issued by the Central Bank of UAE.