: Insurance Laws and Products

Force Majeure is a legal concept commonly included in economic and commercial contracts, which exempts parties from liability in the event of unforeseen natural disasters or incidents that disrupt the expected course of events, preventing them from fulfilling their contractual obligations.

The United Arab Emirates (UAE) has long been recognized as a dynamic hub for financial services, with its insurance sector playing a critical role in supporting economic growth and safeguarding commercial.

Saudi Arabia's insurance industry has long been a key player in the region, becoming one of the largest insurance markets in the GCC.