Mondaq Middle East & Africa: Insurance
BSA Ahmad Bin Hezeem & Associates LLP
Effective as at 1st October 2018 (today!), the Insurance Distribution Directive ((EU) 2016/97) (IDD) [1], (Insurance Distribution Directive (IDD)) and its statutory provisions will apply to all EU...
EMEA Legal Counsels
What are the current trends in and future prospects for the insurance and reinsurance markets in your jurisdiction?
Deloitte Nigeria
The insurance industry is one of the specialised businesses having a peculiar business model and corresponding distinct tax considerations in Nigeria.
Deloitte Nigeria
The public notices are meant to serve as a reminder to the earlier issued guidelines for life insurance policy by PenCom.
PwC Nigeria
Some life assurance policies contain elements of savings or investment. Such policies often mature during the active lifetime of the policyholder or based on an agreed tenure.
Deloitte Nigeria
The Lagos State Internal Revenue Service (LIRS) has issued a public notice (the Notice) to clarify the treatment of savings element on insurance premium.
Deloitte Nigeria
The Deloitte Insurance Risk Management Survey was commissioned to understand the state of risk management practices in the Insurance industry in line with NAICOM guidelines.
Clyde & Co
The Council of Cooperative Health Insurance (CCHI) issued a circular on 30 January 2014 addressed to all health insurance companies providing that a new Cooperative Health Insurance Policy will come into effect in 2018.
Al Tamimi & Company
This is particularly true of insurance policies taken out for business purposes.
Clyde & Co
Clyde & Co
It appears that developments in Dubai are being mirrored in other jurisdictions in the Middle East...
Clyde & Co
Insurance was first recognised by the legal system in the Kingdom of Saudi Arabia (KSA) following the enactment of the "Law of Control of Cooperative Insurance Companies" (Insurance Law) in 2003.
Clyde & Co
On 28 September 2018, the Financial Sector Conduct Authority, published amendments to the Policyholder Protection Rules ("PPRs") ...
Clyde & Co
The Communication confirms that previously registered insurers must, by no later than close of business on 1 September 2018, notify the PA that it is part of a group of companies...
Clyde & Co
On 3 July 2018, the Financial Sector Conduct Authority and the Prudential Authority published a joint communication ...
Clyde & Co
The Prudential Standards for the Insurance Act have been published consequent to the Commencement Notice of the Insurance Act being gazetted.
Clyde & Co
On 21 June 2018 Kuben Naidoo, the Chief Executive Officer of the Prudential Authority, published a communication which confirms that the Insurance Act, 2017 will take effect on 1 July 2018...
BSA Ahmad Bin Hezeem & Associates LLP
On May 23rd, 2018, the United Arab Emirates ("UAE") Insurance Authority ("IA") issued Decision No. (13) of 2018 regulating bancassurance, or insurance policy marketing ...
BSA Ahmad Bin Hezeem & Associates LLP
This country-specific Q&A gives a pragmatic overview of the law and practice of insurance & reinsurance law in the United Arab Emirates (UAE).
BSA Ahmad Bin Hezeem & Associates LLP
Published on May 20th, 2018, Decision No. (12) of 2018 issued by the United Arab Emirates ("UAE") Insurance Authority regulates the licensing and registration of insurance consultants and organizes their operations.
Kennedys
In a promising step to promote foreign investment, innovation and stability in the economy of the UAE, on 20 May 2018, the UAE Cabinet announced that by the end of 2018 it will grant long-term residency visas...
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Clyde & Co
According to the Ornico Social Media Landscape in South Africa for 2018, there are approximately 16 million Facebook users, 8 million Twitter users, 6.1 million LinkedIn users ...
BSA Ahmad Bin Hezeem & Associates LLP
Effective as at 1st October 2018 (today!), the Insurance Distribution Directive ((EU) 2016/97) (IDD) [1], (Insurance Distribution Directive (IDD)) and its statutory provisions will apply to all EU...
Clyde & Co
On 28 September 2018, the Financial Sector Conduct Authority, published amendments to the Policyholder Protection Rules ("PPRs") ...
STA Law Firm
Contractual relations are relations we enter into every day of our lives, whether express or implied, whether formally or informally.
Clyde & Co
On 21 June 2018 Kuben Naidoo, the Chief Executive Officer of the Prudential Authority, published a communication which confirms that the Insurance Act, 2017 will take effect on 1 July 2018...
BSA Ahmad Bin Hezeem & Associates LLP
Brexit was a decision that shook the financial world.
Clyde & Co
The Council of Cooperative Health Insurance issued a circular on 22 July 2018 addressed to all health insurers, healthcare providers and TPAs that a new claims settlement process will come into effect in October 2018.
STA Law Firm
The Omani authorities have recently released that private sector companies will shortly be liable for providing health insurance to their employees.
Clyde & Co
The Council of Cooperative Health Insurance (CCHI) issued a circular on 30 January 2014 addressed to all health insurance companies providing that a new Cooperative Health Insurance Policy will come into effect in 2018.
Kennedys
The insurance industry in the United Arab Emirates witnessed further increases in premiums and profitability in 2017.
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