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Welcome to Milliman United Arab Emirates

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UAE insurance industry report - Preliminary 2019

The UAE insurance market continued its trend for a third consecutive year with an overall increase in profitability along with premium growth in 2019.

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Milliman awarded “Service Provider of the Year”

Milliman, Inc., a premier global consulting and actuarial firm, is pleased to announce it was named “Service Provider of the Year” for the fifth consecutive year at theMiddleEastInsuranceReview’s 2018 Middle East Insurance Industry Awards (MIIA).

Retirement Security

Milliman consultants seek solutions that make retirement more secure while also managing the financial difficulties involved.

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Featured Products

We’re driving the future with our analytics and modelling technologies

Reserving and IBNP reserve estimation
Reserving

Arius

Analyse unpaid claims liabilities with industry-leading stochastic and deterministic reserving tools and methods.

Solvency II reporting and compliance
Solvency II reporting & compliance

VEGA

Streamline Solvency II compliance with a multi-user, multi-site tool for Standard Formula SCR and quantitative reporting templates.

Financial modeling and industrialization
Financial modelling & industrialisation

Integrate

Automate and accelerate actuarial modelling and reporting with a powerful, cloud-based solution.

Research Report

Implementing IFRS 17 for Takaful companies

As insurance companies prepare themselves for the new accounting standard IFRS 17, Takaful companies are facing significant uncertainty in how to interpret and apply the standard to their business.

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Insight

Insight from Milliman

Article

The progression of value-based healthcare in the Middle East: From data to payment adjustors

This paper examines implementation of value-based healthcare and how it can link to quality outcomes.
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Article

The use of artificial intelligence and data analytics in life insurance

The emergence of data analytics and machine learning is providing insurers and reinsurers with new insights into how they drive and monitor their business.
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Article

Indonesia: Key issues and challenges of IFRS 17

What challenges are insurers facing when implementing PSAK 74 for companies in Indonesia?

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Newsletter

Indonesia Life Insurance Newsletter: Fourth Quarter 2020

Life in Indonesia: Our March 2021 review of industry developments from the fourth quarter
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Article

BlockchainUAE: Global healthcare implications

With the Dubai Blockchain Strategy, the United Arab Emirates (UAE) aims to be the first blockchain-powered government by 2020.Programs are already being piloted for migrating key government processes, including healthcare…
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Article

Pakistan: Growth and developments in the insurance sector

The life and non-life insurance industry in Pakistan witnessed continued growth momentum in 2016. Our insight into the market observed similar growth in 2017 that is expected to be carried forward in 2018.
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Newsletter

A quantum leap in benchmarking P&C risk margins under Solvency II

Since the advent of Solvency II, insurers are faced with a number of challenges that can have a potential impact on determining the economic value of their liabilities.
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Article

Access to actuarial education in the Arab world

Currently there are only a few countries in the Middle East offering university-level actuarial science programs.
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Research Report

Market Monitor UAE: Preliminary insurance disclosures, April 2018

The UAE insurance market enjoyed record profitability and strong premium growth in 2017. On a net profit basis, the industry continued to improve for the second year in a row achieving a net profit of AED 1,294m for 2017,…
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Key Consultants

Meet some of the key consultants in UAE

Safder Jaffer headshot

Safder Jaffer

Managing Director & Principal Middle East & Africa

Safder is the managing director and principal of the Milliman Dubai, UAE office serving the Middle East and Africa. He joined Milliman in October 2009.

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