The United Arab Emirates (UAE) insurance market is poised for growth on the back of a growing consumer base and diversifying economy. Future growth projections are based on a number of indicators, including planned development projects, especially in the lesser developed emirates; the country’s demographic profile which includes a high percentage of expatriates; a large labour force that is set to grow substantially in the coming years; and an increasingly wealthy population experiencing rising life expectancies. These factors bode well for the future of the insurance industry in both the non-life and life insurance segments, for both personal and commercial customers. The country’s emerging takaful market will further encourage growth in the industry as both Muslim and non-Muslim populations increasingly accept the cooperative, Islamic-compliant form of insurance to cover their risk.