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Middle East & Africa
LeLaw Barristers & Solicitors
Recent developments, such as: the rise of insurance aggregators, disruptive technologies such as internet of things (IoTs) in business, improvement in Nigeria's ranking in World Bank's...
LeLaw Barristers & Solicitors
The Nigerian insurance regulator, National Insurance Commission (NAICOM)'s resolve to deepen insurance penetration in 2018 was evidenced by the introduction of various policies...
LeLaw Barristers & Solicitors
The context for the above statement by Nigeria's insurance regulator was subsequent to the litigation instituted by aggrieved shareholders of some insurance companies to stop NAICOM's...
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
Schoemanlaw Inc.
Business interruption insurance is a type of insurance that replaces business income lost in a disaster.
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.
United Arab Emirates
Clyde & Co
Limitation is a very important and often misunderstood area of law in the UAE, particularly how it applies to re/insurance contracts.
BSA Ahmad Bin Hezeem & Associates LLP
Circular No (17) of 2020 for the Cessation of Violating Practices dated 2 June 2020 (the "Circular") alerts insurance companies and third-party claims administrators (TPAs) of their respective legal...
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
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