DIFC says its insurance hub wrote $4.2bn of premiums in 2025 and expects 20% growth this year

Gross written premiums at the Dubai International Financial Centre (DIFC) reached $4.2bn in 2025, up 20%, according to Gracita Aoa-De Gracia, head of insurance and reinsurance at the DIFC Authority. She gave the figures at a breakfast roundtable on the Asia–Middle East–Africa re/insurance corridor, Middle East Insurance Review reported on 5 November.

Managing general agents (MGAs) wrote $2.9bn of the premium, and carriers and captives $1.3bn. About $600m of the MGA premium came from outside the Middle East, Africa and Asia. Based on preliminary first-half data, she expects growth of about 20% again in 2026.

The centre took ten years to reach its first $1bn of premium and eight years to add the second, then doubled to $4bn in three years, the report said. It now hosts more than 70 MGAs and more than 70 reinsurance brokers, as well as a Lloyd's platform, third-party administrators, reinsurers and captives. DIFC entities serve Asian groups with Middle East interests, including groups from Japan and South Korea, and the centre has run sovereign risk programmes for Morocco's national flood scheme and Oman's flood programme.