Dubai Insurance Company was the first insurance company to be formed in Dubai by Decree of His Highness, Sheikh Rashid Al Maktoum in 1970. This year, premium written by Dubai Insurance is almost at AED 500 million. This is quite impressive, especially considering that just a decade ago its gross written premium was less then AED 20 million. Despite such steep growth, Dubai Insurance remains among the top performers in terms of underwriting profitability. Dubai Insurance has been assigned a Financial Strength Rating of A - with a Stable Outlook by AM Best. Dubai Insurance offers a diverse portfolio of services which includes Property, Professional Indemnity, Marine, Group Life and Medical, Credit and Surety, and many others. Dubai Insurance is partnered with major international reinsurers to offer our clients the solutions they need for all their risk management needs. Some of these reinsurers include France's SCOR, Germany's Hanover Re and CCR, Partner Re, and others.