Al Ain Ahlia Insurance
Al Ain Ahlia Insurance Company is an Abu Dhabi insurer incorporated in 1975 and listed on the Abu Dhabi Securities Exchange. Its boat insurance covers pleasure craft, motorboats, yachts and sailing boats, for private or commercial pleasure use.
Al Ain Ahlia Insurance boat and yacht insurance
Al Ain Ahlia's boat policy covers physical loss of or damage to the boat and your personal effects. Third-party liability and other covers are added up to agreed values and limits under the Institute Clauses.
| Product | Type | What it is |
|---|---|---|
| Boat insurance | Pleasure craft, motorboat, yacht or sailing boat | For private pleasure or for commercial pleasure and recreational use. Covers the hull and machinery, equipment and fixtures.3 |
| Cover | With this insurer | Details |
|---|---|---|
| Hull and machinery | Included | Physical loss of or damage to the boat.3 |
| Boat equipment and fixtures | Included | Listed as part of what the policy insures as the boat.3 |
| Personal effects | Included | The page says the policy covers loss of or damage to your personal effects. Personal effects including cash are also listed as an additional cover.3 |
| Third-party liability | Depends on policy | Up to agreed limits under the Institute Clauses. The page lists it among the covers added to hull and machinery.3 |
| Uninsured boater | Optional extra | Listed as an additional cover.3 |
| Search and rescue | Optional extra | Listed as an additional cover.3 |
| Personal accident | Optional extra | Listed as an additional cover.3 |
Check before you buy
- Al Ain Ahlia publishes no boat policy wording on this page. Ask for the wording, the navigation limits and the excess before you buy.3
About Al Ain Ahlia Insurance
- Legal name
- Al Ain Ahlia Insurance Company
- Founded
- Incorporated 29 October 1975 in Abu Dhabi. It began underwriting in 1976.1
- Type
- Insurance company2
- Owner
- Owned mainly by the Government of Abu Dhabi and UAE citizens1
- Listed on
- Abu Dhabi Securities Exchange, symbol ALAIN, listed 8 December 20001
- Headquarters
- Abu Dhabi5
- Central Bank
- Listed in the Central Bank of the UAE register, September 2026, number 32
Financial strength
S&P affirmed the A- rating on 16 July 2026 and revised the outlook to negative, citing weaker underwriting results: a net combined ratio of 111.1% in the first quarter of 2026.
| Agency | Grade | Covers | Date |
|---|---|---|---|
| S&P Global Ratings | A-, Negative4 | UAE company | 16 Jul 2026 |
Recent news
- S&P revises Al Ain Ahlia's outlook to negative
S&P affirmed the A- rating and said underwriting performance declined further in the first quarter of 2026, with a net combined ratio of 111.1%.4
Contact Al Ain Ahlia Insurance
- Phone+971 2 611 9999
- Emailinfo@alaininsurance.com
Common questions
Does Al Ain Ahlia insure boats used commercially?
Its page says it covers pleasure craft, motorboats, yachts and sailing boats used for private pleasure or for commercial pleasure and recreational purposes.3
Sources
5
1Abu Dhabi Securities Exchange, Company profile, ALAIN. Last checked 12 Nov 2026. Source document: Company profile, ALAIN
2Central Bank of the UAE, CB Register September of 2026. Last checked 12 Nov 2026. Source document: CB Register September of 2026
3Al Ain Ahlia Insurance Company, Boat insurance. Last checked 12 Nov 2026. Source document: Boat insurance
4S&P Global Ratings, UAE-Based Al Ain Ahlia Insurance Outlook Revised To Negative On Continued Underperformance; 'A-' Ratings Affirmed, Dated 16 July 2026. Last checked 12 Nov 2026. Source document: UAE-Based Al Ain Ahlia Insurance Outlook Revised To Negative On Continued Underperformance; 'A-' Ratings Affirmed
5Al Ain Ahlia Insurance Company, Home page. Last checked 12 Nov 2026. Source document: Home page
- Owner
- Yachtinsurance.ae research team
- Last review
- Next review due
- 11 May 2027
- Status
- Published