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The Dubai International Financial Centre (DIFC) has significantly bolstered its status as a premier global (re)insurance hub, with gross written premiums projected to hit USD 4.2 billion in 2025. This represents a remarkable 20 percent increase from the previous year, underscoring the sector's ongoing advancement.
Since 2022, underwriting volumes within the DIFC have seen a twofold increase, demonstrating consistent progress and reinforcing its importance as a major centre for booking, structuring, and underwriting insurance activities. Premiums brokered from the DIFC also rose to USD 3.4 billion in 2025, compared to USD 3 billion in 2024, indicating a maturing and expansive ecosystem.
This growth is primarily attributed to property and liability insurance, complemented by strong performance in marine, aviation, and transport sectors. The DIFC continues to draw business not just from the Middle East, Africa, and South Asia (MEASA), but also from international markets.
Currently, over 135 insurance and reinsurance entities operate within DIFC, offering services across underwriting, broking, captive management, and specialized risk transfer options.
Between 2025 and Q1 2026, 28 new insurance-related firms received authorization to operate in DIFC. Notable names include Allianz Trade Middle East Limited and Howden Reinsurance Brokers Limited (DIFC Branch), among others.
Moreover, several international insurance companies have expanded their presence at the DIFC, including Gallagher Re Ltd and Markel International Dubai Limited, reflecting strong confidence in DIFC as a sustainable business hub.
The DIFC stands as the only financial centre in the region that operates across all financial services. It offers a robust regulatory framework, stability, and a platform conducive to innovation in the insurance sector.
Arif Amiri, CEO of DIFC Authority, remarked that the sector’s growth signifies global trust in DIFC as a premier destination for advanced risk transfer and underwriting services. He emphasized that DIFC will continue attracting international entities and fostering sustainable growth in both regional and worldwide markets.
Dubai is now listed among the top 10 financial hubs globally for insurance, further establishing DIFC’s place as a leading international centre for both insurance and reinsurance.