Rhythm Of Your Heart
Haris
Puzzle Band
Listen To Radio Shoma 93.4
Listen Live

UAE car insurance premiums around 10% lower in 2019

Sunday, 16 June 2019 15:43

123RF

Car insurance premiums in the UAE declined by 9.5 per cent in the first half of this year, compared to the same period in 2018.

That’s according to a new report from InsuranceMarket.ae, which says fewer accidents and weaker car sales are the key factors behind the drop.

The study revealed that the largest number of claims are made over summer and during Ramadan. 

It also found that customers are increasingly opting for comprehensive coverage due to the decline in premiums.

Mitsubishi Pajero took the top spot for the most popular car model insured in the first half of 2019, overtaking Nissan Tiida, while the top-five insured car brands in the UAE during the period were Nissan, Toyota, Ford, Honda and Mitsubishi.

Share

More from Business

  • US starts collecting Trump's new 10% tariff

    U.S. customs agents began collecting President Donald Trump's unilateral 10% tariff on all imports from many countries on Saturday, with higher levies on goods from 57 larger trading partners due to start next week.

  • Nasdaq set to confirm bear market as Trump tariffs trigger recession fears

    The tech-heavy Nasdaq Composite index was set to confirm it was in a bear market on Friday, down more than 20 per cent from a recent record high, as investors fled riskier assets on fears that tariffs imposed by President Donald Trump could spark a trade war and tip the global economy into recession.

  • Dana Gas and Crescent Petroleum exceed 500M boe in Khor Mor field

    UAE-based Dana Gas and Crescent Petroleum, alongside their partners in the Pearl Petroleum consortium, have said the cumulative production from their Khor Mor project, the largest non-associated gas field in Iraq, has exceeded 500 million barrels of oil equivalent (boe).

  • China to impose tariffs of 34% on all US goods

    China has announced a slew of additional tariffs and restrictions against US goods as a countermeasure to sweeping tariffs imposed by US President Donald Trump. The Finance Ministry said it would impose additional tariffs of 34 per cent on all US goods from April 10.

  • Shares bruised, dollar crumbles as Trump tariffs stir recession fears

    Stocks limped to the end of the week on Friday, the dollar was set for its worst week in a month while gold flirted with a record peak as investors feared US President Donald Trump's sweeping tariffs would tip the global economy into a recession.

News

Our Shows

Quick Links

Listen on the Go

  • Available on the App Store
  • Available on Google Play

© 2025 ARN and Aiir. All Rights Reserved.