A licensed non-life insurance business serves the UAE's insurance and risk-transfer market.¹
Regional demand, government investment in the sector, and strong enterprise and consumer need drive sustained demand for licensed non-life insurance businesses.²
For operators, this activity benefits from Central Bank of the UAE insurance supervision, a clear regulatory framework, and strong regional distribution reach.³
That combination of market size, takaful growth, and regulatory depth is exactly where the opportunity lies.
The UAE has positioned insurance as a strategic pillar of its financial services sector, with explicit support for life, non-life, reinsurance, and takaful activities.
Who is this for?
| Audience Segment | Profile |
|---|---|
| Insurance and reinsurance firms | Licensed insurers and reinsurers writing life, non-life, health, or specialty business in the UAE. |
| Takaful and retakaful operators | Sharia-compliant operators providing takaful and retakaful cover to individuals, businesses, and institutions. |
| International insurance groups entering MENA | Global insurers and reinsurers establishing a Dubai entity for regional underwriting and distribution. |
Setting up through Meydan Free Zone means 100% foreign ownership, zero corporate tax on qualifying income, full profit repatriation, and a fully digital licensing process, giving you a fast and cost-effective route into the Dubai insurance market.
6512.00 - Non-Life Insurance
Under this activity, you are in the business of operating a licensed non-life insurance business.
Services are delivered under the relevant regulatory oversight with appropriate facilities, systems, and qualified personnel.¹
| Category | Scope |
|---|---|
| Core Operations | Primary delivery. Non-Life Insurance core services provided to clients under the activity code. |
| Regulated Delivery | Compliance-led. Services delivered under the relevant regulatory framework, standards, and reporting obligations. |
| Client Engagement | Commercial scope. Onboarding, contracting, and ongoing service delivery to retail, corporate, or institutional clients as applicable. |
| Support and Operations | Operational back-office. Systems, staffing, documentation, and operational support needed to run the licensed activity. |
| Regional Reach | Market coverage. Delivery to clients across Dubai, the wider UAE, and regional markets within the scope of this activity. |
There are some things this activity does not cover. Related but distinct services fall under separate activity codes.
Activities that are separately regulated or that belong to a different industry class are classified under their own codes.
In short: if you are operating a licensed non-life insurance business, you are in. If you are delivering a related but distinct service that falls under another activity, you are not.
Third-Party Approval
No third-party approval is required for this business activity. Your Meydan Free Zone trade licence is sufficient to begin operations under this activity code.
Anti-Money Laundering Compliance
This business activity is exempt from AML compliance requirements.
References
- ¹ Central Bank of the UAE - Insurance - https://www.centralbank.ae/en/our-operations/supervision/insurance
- ² Emirates Insurance Association - https://www.eia.org.ae/
- ³ DIFC - Insurance - https://www.difc.ae/business/insurance-reinsurance
