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Post by : Badri Ariffin
The Dubai International Financial Centre (DIFC) has solidified its status as a premier global hub for (re)insurance, with gross written premiums soaring to USD 4.2 billion in 2025. This remarkable achievement signifies a robust 20% growth compared to the previous year, underscoring the continued development of the sector.
Since 2022, underwriting volumes at DIFC have doubled, indicating consistent advancement and bolstering its role as a pivotal location for booking, structuring, and underwriting insurance operations. The premiums brokered from DIFC rose to USD 3.4 billion in 2025, up from USD 3 billion the prior year, reflecting the increasing scale and sophistication of the market.
The surge in growth is primarily attributable to property and liability insurance, alongside considerable input from marine, aviation, and transport insurance sectors. DIFC continues to attract business not only from the Middle East, Africa, and South Asia (MEASA) region but also from other global markets.
Currently, over 135 insurance and reinsurance firms operate within DIFC, offering services ranging from underwriting and broking to captive management and specialist risk transfer operations.
From 2025 to the first quarter of 2026, 28 new insurance firms were authorized in DIFC, with notable entrants including Allianz Trade Middle East Limited, Atradius Trade Credit (Re)Insurance (DIFC) Ltd., and Gallagher Re Ltd., reinforcing confidence in DIFC as a long-term business environment.
Additionally, several prominent global insurance firms have expanded their operations in DIFC, including Markel International Dubai Limited and MENA Re Underwriters Limited, further evidencing the confidence in DIFC as a sustainable business hub.
DIFC remains the region's only financial center operating comprehensively across all financial services, offering a robust regulatory framework, stability, and a platform that fosters innovation in the insurance sector.
Arif Amiri, CEO of DIFC Authority, emphasized that the growth reflects global confidence in DIFC as a reliable hub for advanced risk transfer and underwriting services. He remarked that DIFC will continue to attract international firms and nurture sustainable growth across regional and global markets.
Dubai is now ranked among the top 10 financial centers worldwide for insurance, further enhancing DIFC’s status as a leading global hub for insurance and reinsurance.
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