United Arab Emirates: Insurance Laws and Products

The New Insurance Law in the UAE (Federal Decree-Law No. 48/2023) introduces comprehensive regulations for the insurance sector, aiming to ensure effective governance, transparency, and compliance among insurance companies.

An FOB sale is an international trade term used to describe the terms of sale and delivery of goods. "FOB" stands for "Free On Board," and it defines the respective obligations of the seller and the buyer in the sale...

With thousands of online insurance offers, the Insurance Authority of the Government of the UAE Government issued the Insurance Authority Board of Directors' Resolution No. (18) of 2020 Concerning the Electronic Insurance Regulations (Resolution) on 27 April 2020 to govern all insurance policies sold or purchased online within the UAE.

Starting in 2025, all private-sector employers throughout the U.A.E. would be required to provide health coverage to their foreign employees in another step toward universal health coverage.

Insurers have historically been reluctant to provide coverage on tax matters for deals in the Middle East, often excluding tax altogether from insurance policies.

The New Insurance Law in the UAE, as outlined in Federal Decree-Law No. 48/2023, brings comprehensive regulations to the insurance sector. Covering a wide range of aspects...

In February of 2022, the UAE Government passed Federal Law No. 33 of 2021 ("New Labour Law") abrogating and replacing the previous labour law i.e. Federal Law No. 8 of 1980.

In the following Chambers & Partners Law and Practice Insurance Litigation article, Simon Isgar, Adam Tighe and Amany Ahmed discuss a range of topics including; rules governing...

The United Arab Emirates' new unemployment insurance scheme came into force last week, offering a safety net for expatriate residents