ARIA, the UAE’s first-ever (re)insurance Association, has been officially launched within the ADGM, the international financial center of Abu Dhabi.
This marks a key step forward in cultivating a strong, collaborative, and future-ready (re)insurance ecosystem that aligns with the strategic ambitions of Abu Dhabi, ADGM, and the UAE.
ARIA also known as ‘The Association of Reinsurance (ADGM) Limited’ is launched with the strong support and guidance of the Financial Services Regulatory Authority (FSRA) of ADGM. The association aims to enhance the role of (re)insurance in the region by fostering dialogue, promoting industry standards, and driving innovation in line with the UAE Vision 2031 and Abu Dhabi Economic Vision 2030.
ARIA’s core mandate includes:
- Representing and promoting the interests of the (re)insurance sector within ADGM, Abu Dhabi, and the UAE.
- Supporting the development of a transparent, resilient, and globally competitive (re)insurance market.
- Acting as a platform for knowledge-sharing, professional development, and strategic collaboration across the industry.
- Aligning the industry’s growth with national goals for economic diversification, financial services excellence, and risk management leadership.
The Founding Members of the Association stated that, “This is a transformative moment for the (re)insurance industry in the UAE and the wider region. The establishment of the Association within ADGM reflects both the maturity and the future potential of our market. With the strong backing of ADGM and its regulator FSRA, we are creating a unified voice and a collaborative platform that will shape the future of (re)insurance in the region.”
Chief of Market Development officer of ADGM added that, “The establishment of the UAE’s first dedicated (re)insurance association ARIA marks a significant step in strengthening the region’s insurance ecosystem. As a leading international financial center, ADGM is proud to support this important milestone, which aligns with our commitment to enabling a robust, innovative, and globally competitive insurance and reinsurance sector. This initiative reinforces Abu Dhabi’s position as a leading hub for specialty financial services and reflects our broader vision of fostering collaboration and long-term industry growth.”
ARIA will focus on advocacy, education, market development, and thought leadership, serving as a bridge between regulators, market participants, and global stakeholders. In addition, it will support the ADGM’s ambition to emerge as a regional hub for insurance and reinsurance excellence, further enhancing the resilience and attractiveness of the local financial ecosystem.
The association aims to catalyze innovation, attract investment, and develop a knowledge-based economy by institutionalizing collaboration across (re)insurance players and fostering industry-wide dialogue.
ARIA also extends an open invitation to all insurance, reinsurance companies, brokers, service providers, and industry stakeholders across the UAE and beyond to join this collective effort.
Furthermore, this move is set to transform (re)insurance in the region while supporting the UAE’s vision of becoming a global leader in sustainable and forward-looking financial services.
The Founding Members include: Afroditi Boura, Oussama Kaissi, Abu Dhabi Reinsurance Company Limited, Fidelis Opco Limited, AON Management Services (Middle East)
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