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Middle East & Africa
LeLaw Barristers & Solicitors
According to industry statistics, Nigeria's Insurance Penetration Rate (IPR) in 2013 was 0.39%, declining from 0.48% in 2010.
BSA Ahmad Bin Hezeem & Associates LLP
The Capital Markets Authority (CMA) in Oman, the financial regulator, has released the new mandated medical insurance Law, Unified Health Insurance Policy and the Health Insurance Rules under Decision
South Africa
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").
Clyde & Co
The state of SOEs, entities controlled by provincial government and local municipalities in South Africa provide all the ingredients for a perfect litigation storm.
Clyde & Co
Recent press coverage has highlighted the pressures and legal challenges that directors are likely to face in 2020
Clyde & Co
Traditionally, access to micro-insurance in South Africa for lower income households has been restricted to life insurance products only,...
Clyde & Co
The South African Insurance Act, 2017 introduced on 1 July 2018 the definition of a cell captive insurer and now provides that only cell captive insurers licensed
Clyde & Co
Recent and upcoming changes in the insurance regulatory landscape will shake up traditional distribution channels in South Africa, leading to a decline in the number of traditional insurance
United Arab Emirates
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.
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