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Middle East & Africa
PwC Nigeria
Reserves for unexpired risks will now be determined on a time-apportionment basis. This means that tax-deduction will only be available for reserves relating to the relevant year.
LeLaw Barristers & Solicitors
According to industry statistics, Nigeria's Insurance Penetration Rate (IPR) in 2013 was 0.39%, declining from 0.48% in 2010.
Saudi Arabia
Clyde & Co
A 'warranty' is a well understood term in the context of insurance law. An insured that provides a warranty effectively promises to the insurer that certain facts are true or untrue and/ or undertakes that certain conditions shall be ...
South Africa
Watch the InsureTalk 2020 webinar where ENSafrica's insurance experts, Rob Scott and Matthew Morrison discuss pandemics, business interruption and the law.
With the recent outbreak of the COVID-19 ("Coronavirus") in South Africa, the economy has taken a hard hit and businesses are losing revenue due to the implications of this fast-spreading virus.
Our insurance clients are hard at work on their conversion applications and at various points of the process. ENSafrica's insurance team are standing by to support where necessary
In the context of the Coronavirus outbreak worldwide, business and entrepreneurs are busy developing strategies and practical ways to mitigate and manage the risks associated with disruption...
Werksmans Attorneys
The end of February 2020 marks the anniversary of an important court victory which confirmed the rights of asylum seekers to access benefits from the Unemployment Insurance Fund ("UIF").
United Arab Emirates
Clyde & Co
The impact of COVID-19 will affect the regional GCC insurance industry, and accentuate the issues that already existed in the market prior to the onset of the pandemic.
Hassan Elhais
Owners of cars that were damaged after debris fell on them from Abbco Tower during a blaze that gutted the building should be entitled to compensation from their insurance companies.
BSA Ahmad Bin Hezeem & Associates LLP
BSA are often instructed by the London market for coverage advice pending disputes between cedant and reinsurers. Many of those treaty terms will be governed...
BSA Ahmad Bin Hezeem & Associates LLP
The UAE Insurance Authority issued Board of Directors' Resolution No. (14) of 2020 on the Amendment of Some Provisions of the Insurance Authority Board of Directors' Resolution...
BSA Ahmad Bin Hezeem & Associates LLP
As global insurer and reinsurer of cyber risks, Munich Re is closely watching developments of cyberattacks to provide suitable insurance solutions and insights to prepare and prevent attacks from
Hassan Elhais
A few manage to attract you and subsequently, millions of mobile applications are available to offer insurance policies, compare insurance prices and provide you with tailor-made insurance products.
Clyde & Co
Insurance disputes are required to be raised before Insurance Disputes Committees introduced by the UAE regulator in 2019. A new March 2020 directive clarifies the types of disputes to be heard...
BSA Ahmad Bin Hezeem & Associates LLP
The Insurance Authority issued the Board of Directors' Decision No. (49) of 2019 Concerning Instructions for Life Insurance and Family Takaful Insurance ("Life Regulations") in October 2019
BSA Ahmad Bin Hezeem & Associates LLP
World Health Organisation (WHO) have officially declared COVID-19 as a pandemic. BSA have already received several instructions regarding coverage advice related to matters arising from the coronavirus
BSA Ahmad Bin Hezeem & Associates LLP
Circular No. (3) of 2020 on Precautionary and Preventive Measures to Maintain Public Safety, Health and Prevent Spread of Coronavirus (COVID-19) ("COVID-19 Circular")...
BSA Ahmad Bin Hezeem & Associates LLP
Insurance Financial Reporting Standards (IFRS) 17 represent a new and unprecedented international reporting and disclosure regime for the insurance industry
BSA Ahmad Bin Hezeem & Associates LLP
Expo 2020 will be hosted in Dubai at the end of the year for 173 days, which brings much excitement and potential world trade and business opportunities to the region.
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