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Premiums to be paid for insuring high-rise buildings in Dubai would rise next year, following a number of building fires in Dubai, including the Torch Tower in the Marina area, which caught fire in August for the second time in two years. But the increases are expected to be moderate.

Insurance in the United Arab Emirates is governed broadly by Federal Law No. 6/2007 On the Regulation of Insurance Operations (UAE Insurance Law), along with various other regulations...