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United Arab Emirates
BSA Ahmad Bin Hezeem & Associates LLP
While the overall economic slowdown and disruption in the market has had some impact on the insurance sector as well, the UAE insurance market still seems to be going strong.
Schluuter Graf & Partners
The Jebel Ali Free Zone – the biggest and oldest free zone in the United Arab Emirates – has implemented two initiatives that were previously introduced in the mainland of the Emirate of Dubai in 2018:
BSA Ahmad Bin Hezeem & Associates LLP
The mis-selling of financial services products has affected many economies around the world where disposable income is relatively higher.
Clyde & Co
New Insurance Disputes Committees established by the UAE Insurance Authority will reshape the way in which disputed insurance claims are handled in 2020.
Clyde & Co
A joint financial services regulator, which will fundamentally change regulation of the insurance sector in the United Arab Emirates, could be established in 2020.
Clyde & Co
The life insurance sector in the UAE will change significantly in 2020 following the issue of comprehensive new life insurance regulations by the Insurance Authority
BSA Ahmad Bin Hezeem & Associates LLP
The United Arab Emirates' life insurance market is set for radical change in 2020 with the implementation of the "New Life Insurance and Family Takaful Regulations"
Clyde & Co
The language requirements for insurance policy documentation to be issued in (English or Arabic, or both)
BSA Ahmad Bin Hezeem & Associates LLP
The Middle East currently places much of its capacity through the global reinsurance markets, where much of the risk is ceded out to these markets, according to Mr Simon Isgar,
Kennedys
Over the past two years, there have been various developments in the laws and regulations for insurance in the United Arab Emirates ("UAE").
Clyde & Co
The UAE Insurance Authority has recently published its much-anticipated Regulations explaining how the Insurance Committees, which were first announced in mid-2018
Fichte & Co
On 6 January 2019, the UAE Insurance Authority published the ‘Cabinet Resolution No 7 of 2019' concerning the Administrative Fines Imposed by the Insurance Authority'.
STA Law Firm
Following Article 880 of Federal Law No. 5 of 1985 (UAE Civil Code), contractors, architects and designers are collectively and solely liable to the employer ...
BSA Ahmad Bin Hezeem & Associates LLP
Insurance distribution in the Middle East has traditionally been procured through the insurance intermediary markets, such as brokers and insurance agents despite the fast-growing alternative distribution channels available to insurance providers.
BSA Ahmad Bin Hezeem & Associates LLP
Insurance Financial Reporting Standards (IFRS) 17 represents a new and unprecedented international reporting and disclosure regime for the insurance industry.
Clyde & Co
InsurTech is upending and disrupting traditional models of distribution for insurance products across the world
STA Law Firm
Falling behind on mortgage, loan, or credit card payments can have serious repercussions such as penalty charges, damage to one's credit score, and even loss of property.
STA Law Firm
Falling behind on mortgage, loan, or credit card payments can have serious repercussions such as penalty charges, damage to one's credit score, and even loss of property
BSA Ahmad Bin Hezeem & Associates LLP
On 14 November 2016, the UAE Insurance Authority issued Circular No. 33 of 2016 as the first draft of the Regulations for Life Insurance and Family Takaful Business...
STA Law Firm
Power and energy supply is the backbone of every economy of this world. Despite the leaps made in technological advancement to cater to the ever-growing demand of power with the exponential
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