Arabia Insurance
Arabia Insurance Company s.a.l. was established in 1944 and works in several Arab countries. Its UAE branch sells yacht insurance as a third-party liability plan or an all risks plan, on general conditions built on the Institute Yacht Clauses.
Arabia Insurance boat and yacht insurance
Arabia offers two yacht plans. The Third-Party Liability plan covers your liability to others. The All Risks plan adds material damage to the hull, engines, equipment, tenders, contents and personal effects. Extras include machinery damage, personal accident, medical expenses, jet ski, transit, uninsured boater and war cover.
| Product | Type | What it is |
|---|---|---|
| Yacht, Third-Party Liability plan | Liability only | Covers your liability to third parties.6 |
| Yacht, All Risks plan | Yacht and boat | Material damage to the yacht and its contents, third-party liability including water skiers' and jet skiers' liability, and personal effects.3 |
| Cover | With this insurer | Details |
|---|---|---|
| Material damage | Depends on policy | On the All Risks plan: hull and materials, engines and machinery, electrical and navigational equipment, fixtures and fittings, tenders and equipment, contents and personal effects.3 |
| Third-party liability | Included | On both plans. The All Risks plan includes water skiers' and jet skiers' liability.3 |
| Salvage and towing | Included | Arabia's page lists salvage and towing among what its policies cover.6 |
| Machinery damage | Optional extra | Listed as an extra.6 |
| Personal accident | Optional extra | Listed as an extra.6 |
| Medical expenses | Optional extra | Listed as an extra.6 |
| Jet ski | Optional extra | Listed as an extra.6 |
| Transit | Optional extra | Listed as an extra.6 |
More cover details (3)
Check before you buy
- The general conditions reproduce the Institute Yacht Clauses (CL. 328, 1/11/85) and say the insurance is subject to local law and jurisdiction.4
- Under the clauses, navigation limits and private use (no hire or charter unless agreed) are warranties, and laid-up periods are set in your schedule.4
- Arabia says its own terms apply to every extra. Ask for them in writing.6
Policy documents
- Yacht insurance brochureBrochure
- Yacht Insurance General Conditions, YI-GC-2021 V.1Policy wording, 2021
How to claim with Arabia Insurance
- Claims phone800 242 23
- Claim onlineOpen claim page
Not happy with a claim? How to complain about an insurer.
About Arabia Insurance
- Legal name
- Arabia Insurance Company sal
- Founded
- 19441
- Type
- UAE branch of a foreign insurance company2
- Owner
- Arabia Group Holding Limited, set up in Abu Dhabi Global Market on 25 April 2022 as the holding company for the group1
- UAE branches
- Abu Dhabi, Dubai and Sharjah1
- Central Bank
- Listed in the Central Bank of the UAE register, September 2026, number 202
Financial strength
AM Best rates Arabia Insurance Company s.a.l., the company the UAE branch belongs to. It revised the outlook to negative from stable on 11 December 2025. Its release says the group's spread of operations across the Middle East partly shields it from very high political, economic and financial system risks in Lebanon.
| Agency | Grade | Covers | Date |
|---|---|---|---|
| AM Best | B+ (Good), Negative5 | Insurer of its UAE policies | 11 Dec 2025 |
Recent news
- AM Best revises Arabia's outlook to negative
AM Best affirmed the B+ (Good) financial strength rating and bbb- issuer credit rating of Arabia Insurance Company s.a.l. and revised the outlooks to negative from stable.5
Contact Arabia Insurance
- Toll free800 242 23
Common questions
Does Arabia's yacht insurance cover jet skis?
The All Risks plan includes liability to water skiers and jet skiers. Cover for a jet ski itself is listed as an extra.6
What rating does Arabia Insurance have?
AM Best affirmed Arabia Insurance Company s.a.l. at B+ (Good) and revised the outlook to negative on 11 December 2025.5
Sources
6
1Arabia Insurance, Our Company. Last checked 12 Nov 2026. Source document: Our Company
2Central Bank of the UAE, CB Register September of 2026. Last checked 12 Nov 2026. Source document: CB Register September of 2026
3Arabia Insurance, Yacht insurance brochure. Last checked 12 Nov 2026. Source document: Yacht insurance brochure
4Arabia Insurance, Yacht Insurance General Conditions, YI-GC-2021 V.1. Last checked 12 Nov 2026. Source document: Yacht Insurance General Conditions, YI-GC-2021 V.1
5AM Best, AM Best Revises Outlooks to Negative for Arabia Insurance Company s.a.l., Dated 11 December 2025. Last checked 12 Nov 2026. Source document: AM Best Revises Outlooks to Negative for Arabia Insurance Company s.a.l.
6Arabia Insurance, Yacht. Last checked 12 Nov 2026. Source document: Yacht
- Owner
- Yachtinsurance.ae research team
- Last review
- Next review due
- 11 May 2027
- Status
- Published