Investment in insurance scetor at Dh37.8bn in 2013: report
Written premiums of all types of insurance amounted AED 29.5 billion, an increase by 12.2 per cent as compared to that of the year 2012), Sultan bin Saeed Al Mansouri, Minister of Economy, and Chairman of the Board of Directors of Insurance Authority, has said.
''This fact ascertains standing of this important sector and the vital roles it plays in the national economy due to the huge amount invested therein which amounted during the year 2013 AED 37.8 billion out of which 57.4 per cent investments in shares and bonds and 26.5 per cent investments in deposits,'' the minister said in the forward of the Authority's annual report on the U.A.E. insurance sector for 2013 - By Wam. Read more>>>© Copyright - Emirates 24|7