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United Arab Emirates
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.
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.
SCHLÜTER GRAF Legal Consultants
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").
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